NFRA

Govt ‘not willing to interfere’ in affairs of NFRA and ICAI

Breaking- It is Not Within the Purview of NFRA to Recommend that Audit of Certain Categories of Companies is Not Required: ICAI President

In today’s message to members of ICAI, ICAI President has said that as per Companies Act 2013 and NFRA Rules, it is not within the purview of NFRA to recommend that audit of certain categories of companies is not required. He further stated that we are not communicated of any such thought process in the …

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Vacancy At National Financial Reporting Authority (NFRA) https://www.livelaw.in/job-updates/legal-jobs-managerassistant-manager-vacancy-at-national-financial-reporting-authority-nfra-187092

Breaking: NFRA Issues Consultation Paper for Removing Compulsory Audit of Micro, Small & Medium Companies (MSMCs)

A preliminary analysis has been done by National Financial Reporting Authority (NFRA) on the key financial parameters of the companies registered in India from their MCA-21 filings and it is found that the fees paid to auditors by a large majority of Micro, Small and Medium Companies (MSMCs) are way below what an audit, when …

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NFRA

National Financial Reporting Authority seeks comments/suggestions on consultation paper on NFRA’s engagement with its stakeholders

National Financial Reporting Authority (NFRA) has set up a Technical Advisory Committee (TAC) to, inter alia, provide NFRA with inputs from the perspective of various key stakeholders. The Committee has undertaken a consultative exercise to review NFRA’s engagement with its stakeholders, and has, in its report of March, 2021, recommended ways to enhance the same. …

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