"Overall, auditing of companies has improved over the last 3-4 years," the NFRA Chairperson said ... "Also, the auditors did not present many of the issues. It was a failure of communication ...

Ajay Bhushan Prasad Pandey, the chairperson of India’s National Financial Reporting Authority (NFRA), recently highlighted the significant improvements in auditing standards over the past few ...

NFRA also found Deloitte guilty of overlooking discrepancies in communications between Yes Bank, ZEEL, and promoter entities. The issue revolves around a 2018 letter from ZEEL’s then chairman ...