accounting standards

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    Boosting Investor Confidence: NFRA's Audit Oversight Plan

    New Delhi, March 13 A parliamentary panel has suggested that the regulatory body, NFRA, conduct sectoral studies to identify industry-specific accounting and auditing challenges, as well as to establish sector-specific accounting guidance to boost investor confidence.The National Financial...
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    NFRA to Enhance Transparency with Publicly Available Audit Orders

    New Delhi, March 9 The Central Information Commission (CIC) has advised the National Financial Reporting Authority (NFRA) to make orders, directions, circulars, and policy decisions affecting audit practices and standards publicly available.This observation came while disposing of a second...
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    Financial Misstatements: Sebi Imposes Penalties on Coffee Day

    New Delhi, March 2 The securities regulator, Sebi, on Monday imposed penalties totaling ₹38 lakh on Coffee Day Enterprises Ltd and several of its officials for failing to comply with mandatory accounting and disclosure requirements while preparing financial statements.In its order, Sebi...
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    New Manual and Dashboard Strengthen Governance of Government Banking

    New Delhi, February 27 – India's Controller General of Accounts (CGA) T.C.A. Kalyani launched two major initiatives on Friday aimed at strengthening the governance and efficiency of banks handling government transactions: the Government Bank Dashboard and the Government Bank Manual.The...
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