Under this mandate, NFRA conducted audit quality inspections of the Chartered Accountant Firm M/s BSR & Co LLP in August 2024. The scope included a review of the remedial actions taken by the Firm for ...

An NRI on a quiet train in Finland got frustrated with a loud Indian family who kept their cabin doors open and spoke over a video call. He complained on social media about their lack of 'civic ...

The plywood and MDF board industry in India, which initially opposed the government's quality control order, now supports its implementation to benefit consumers and enhance industry capacity ...

that deals with leadership responsibilities for quality within an audit firm. NFRA initiated audit quality inspections of MSKA in January 2024 and the on-site inspection was carried out between ...

New Delhi, Jan 2 (PTI) The National Financial Reporting Authority (NFRA) has flagged certain lapses after the audit quality inspections of chartered accountants firm MSKA & Associates. In a 27-page ...

The National Financial Reporting Authority (NFRA) has identified lapses in audit quality inspections of MSKA & Associates, highlighting concerns regarding governance, independence, and documentation ...

This legal assessment supports NFRA's position, which disputes ICAI's jurisdiction over these matters. Standard on Quality Management ... "ICAI can’t amend audit norms without approval: SGI ...

Solicitor General Tushar Mehta's backing of ... on quality control at the level of the audit firm as per global practices. Later in the month, it proposed similar changes for audit norms of ...

Digital submissions should be .wav or other lossless files, or high quality mp3s [128-320 kbps.] You can follow up or “track” your submissions by email, or call 608-256-2001 on Wednesdays between 1-4 ...

which NFRA considered illegal. The matter aligns with aligning domestic audit norms with global standards. The Institute of Chartered Accountants of India (ICAI) doesn’t have the power to issue ...