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It's collective responsibility to improve corporate governance, follow global standards: NFRA Chief

He said company management, independent directors and audit committee, statutory auditors, shareholders, and regulators constitute five lines of defence to improve corporate governance.

17 October 2024, 10:31 IST

It's collective responsibility to improve corporate governance, follow global standards: NFRA Chief

It's collective responsibility to improve corporate governance, follow global standards: NFRA Chief

It's collective responsibility to improve corporate governance, follow global standards: NFRA Chief

17 October 2024, 10:31 IST

Audit regulators NFRA and ICAI spar on proposed change for companies

According to NFRA data, of the top 100 large and mid-cap companies, 23 had over 50 subsidiaries, affiliates and 76 of these 100 had overseas arms.

23 September 2024, 09:18 IST

Audit regulators NFRA and ICAI spar on proposed change for companies

Audit regulators NFRA and ICAI spar on proposed change for companies

Audit regulators NFRA and ICAI spar on proposed change for companies

23 September 2024, 09:18 IST

NFRA penalises 3 auditors in Reliance Home Finance case

A fine of Rs 1 crore has been levied on audit firm Dhiraj & Dheeraj, Rs 50 lakh on Piyush Patni and Rs 10 lakh on Pawan Kumar Gupta. Both Patni and Gupta are partners of the Mumbai-based audit firm Dhiraj & Dheeraj.

30 April 2024, 10:35 IST

NFRA penalises 3 auditors in Reliance Home Finance case

NFRA penalises 3 auditors in Reliance Home Finance case

NFRA penalises 3 auditors in Reliance Home Finance case

30 April 2024, 10:35 IST

NFRA slaps fines on auditors for Reliance Capital auditing lapses in 2018-19

In the order dated April 12, the NFRA said that despite the reporting of suspected fraud and the resignation by the other joint auditor, the auditors did not perform adequate procedures as required by the Standards of Auditing.

15 April 2024, 09:18 IST

NFRA slaps fines on auditors for Reliance Capital auditing lapses in 2018-19

NFRA slaps fines on auditors for Reliance Capital auditing lapses in 2018-19

NFRA slaps fines on auditors for Reliance Capital auditing lapses in 2018-19

15 April 2024, 09:18 IST

Congress cites news on Adani auditor under NFRA lens, says something 'truly rotten' in conglomerate

Congress general secretary Jairam Ramesh's attack on the Adani Group came after a media report claimed that the National Financial Reporting Authority (NFRA) has in recent weeks started an inquiry into one of the member firms of EY in India, S R Batliboi.

26 October 2023, 05:07 IST

Congress cites news on Adani auditor under NFRA lens, says something 'truly rotten' in conglomerate

Congress cites news on Adani auditor under NFRA lens, says something 'truly rotten' in conglomerate

Congress cites news on Adani auditor under NFRA lens, says something 'truly rotten' in conglomerate

26 October 2023, 05:07 IST

DHFL branch audits: NFRA penalises 18 auditors, debars them for 6 months to 1 year

Out of the 18 auditors, 4 have been debarred for 6 months and the remaining 14 auditors have been restrained for 1 year.

01 October 2023, 14:00 IST

DHFL branch audits: NFRA penalises 18 auditors, debars them for 6 months to 1 year

DHFL branch audits: NFRA penalises 18 auditors, debars them for 6 months to 1 year

DHFL branch audits: NFRA penalises 18 auditors, debars them for 6 months to 1 year

01 October 2023, 14:00 IST

Coffee Day Global case: NFRA imposes ban on 2 auditors

In its probe, NFRA found that the auditors (ASRMP & Co, Sundaresha and Madhusudan) failed to exercise professional judgement

29 July 2023, 02:39 IST

Coffee Day Global case: NFRA slaps Rs 2.15 cr fine, imposes ban on 2 auditors, 1 audit firm

Coffee Day Global case: NFRA slaps Rs 2.15 cr fine, imposes ban on 2 auditors, 1 audit firm

Coffee Day Global case: NFRA imposes ban on 2 auditors

29 July 2023, 02:39 IST

Auditing | Where Sebi can't, NFRA steps in

The NFRA’s jurisdiction is not restricted to listed companies, but extends beyond it

05 May 2023, 14:16 IST

Auditing | Where Sebi can't, NFRA steps in

Auditing | Where Sebi can't, NFRA steps in

Auditing | Where Sebi can't, NFRA steps in

05 May 2023, 14:16 IST

NFRA asks ICAI to conduct regulatory impact assessments

The Institute of Chartered Accountants of India (ICAI) had submitted to NFRA an approach paper for revision of existing accounting standards of companies

28 September 2021, 17:45 IST

Conduct regulatory impact assessment for accounting standards revision: NFRA tells ICAI

Conduct regulatory impact assessment for accounting standards revision: NFRA tells ICAI

NFRA asks ICAI to conduct regulatory impact assessments

28 September 2021, 17:45 IST

Govt amends rules for Indian Accounting Standards

Entities would have to disclose the nature and extent of risks to which they are exposed arising from financial instruments

19 June 2021, 17:18 IST

Centre amends rules pertaining to Indian Accounting Standards

Centre amends rules pertaining to Indian Accounting Standards

Govt amends rules for Indian Accounting Standards

19 June 2021, 17:18 IST