Tag: NFRA
NFRA examines proposals for Ind AS 117, a new insurance accounting standard based on IFRS 17, set to revolutionize transparency and reporting in the Indian insurance industry.
The NFRA has requested feedback on the proposed new requirement of publishing an annual transparency report (ATR) by the statutory auditors of NFRA-regulated public interest entities (PIEs) from Financial …
The National Financial Reporting Authority (NFRA) of India is reportedly proposing to establish a method for auditors that would assist them in keeping their audit documentation files and information …
The Chairperson of the National Financial Reporting Authority (NFRA), Dr. Ajay Bhushan Prasad Pandey, stated here today that good governance is rewarded by investors, while he was speaking at …
To further raise the calibre of the audit profession, the National Financial Reporting Authority (NFRA) has released its audit quality inspection guidelines, for adherence by the Inspection teams. The …
NFRA has issued a Circular/ Advisory against Companies not accruing the Interest Liability on NPA Borrowings in violation of the IND AS 109. During a disciplinary proceeding u/s 132(4) …
NFRA has published lists of audit firms/auditors who have failed to file the mandatory Annual Return in ‘e-Form NFRA-2’, within the timeline allowed for the reporting periods 2018-19 and …
MCA has notified the ‘National Financial Reporting Authority (NFRA) Rules, 2018’ and subsequent amendments on the provisions relating to classes of companies governed by NFRA and its functions/duties. The …
The National Financial Reporting Authority (NFRA) has issued ‘Financial Reporting Quality Review (FRQR)’ Report in the case of Financial Statements of M/s Prabhu Steels Industries Limited (PSIL) for FY …
ICAI has expressed it’s concerns over sensitive issues, like ‘NFRA Consultation Paper on Review of Audit Requirement in the case of MSMCs’, returning of ‘ICAI’s Approach Paper 2020 on …