The National Financial Reporting Authority (NFRA) is going to inspect the Big Four audit firms as well as other top auditors of large listed entities in 2024, an official familiar with the ...

“NFRA is not a passive body. It is an independent regulator to oversee the audit of public interest entities including listed companies. ICAI has to recognize that there is a government ...

The proposed norms are expected to include provisions for LLP auditors to ensure accountability, similar to the oversight the ...

For instance, in the case of SRBC & Co, an affiliate of EY, the NFRA’s inspection team observed that SRBC was providing audit services to a client while some other EY network entity was ...

The crux of the issue is around a Rs 200 crore fixed deposit (FD) given by Zee as a guarantee to Yes Bank for loans to Essel Green Mobility, a group entity. NFRA found that neither the creation ...