audit firms

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    Audit Quality Concerns: NFRA Reports on Firm Deficiencies

    New Delhi, March 27 The National Financial Reporting Authority (NFRA) on Friday flagged certain shortcomings in inspection reports related to the auditing work of six audit firms and their affiliates.The inspection reports pertain to Deloitte Haskins & Sells & Affiliates, Walker Chandiok & Co...
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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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    NFRA’s Audit Firm Inspections Set to Conclude This Fiscal

    New Delhi, February 26 The National Financial Reporting Authority (NFRA) will issue inspection reports of 10 audit firms by the end of this financial year, according to officials.The regulator was established in October 2018 under the Companies Act.Since its inception, the watchdog has...
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    Chartered Accountants Seek Legal Safeguards and Government Support

    New Delhi, February 12 Congress leader Vivek K Tankha demanded legal protection for chartered accountants and called for measures to break the dominance of the four multinational audit firms in India, stating that domestic CA firms need government support to compete.Raising the issue during...
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