The National Financial Reporting Authority (NFRA) has identified lapses in the audit practices of MSKA & Associates, ...

The confirmation comes after the ICAI's recent introduction of new SQMs to modify auditing standards in October 2024.

Auditors, including the Big Four, may come under stringent scrutiny by the National Financial Reporting Authority (NFRA) for providing “non-audit ... guidance note, which complies with the norms ...

The NFRA has fined Deloitte Haskins & Sells LLP Rs 2 crore and imposed penalties on two auditors for failing in their audit ...

After detailed discussions, NFRA board voted eight-three for aligning several audit standards (SA) with global norms and ...

Jani was the Engagement Partner (EP), and Sharma was the Engagement Quality Control Review (EQCR) Partner for the audit of the company for 2018-19 and 2019- 20. In its probe, NFRA found Deloitte ...

Pandey emphasised the importance of board and audit committee members engaging with auditors to raise red flags and prevent corporate failures. The NFRA, established in October 2018, has issued ...

(Reuters) Mumbai/New Delhi: The National Financial Reporting Authority (NFRA) has penalised audit ... the order showed. And the audit quality control partner, who has been debarred for three ...

NFRA has also imposed a penalty of ₹5 lakh on Rakesh Sharma, Engagement Quality Control Review (EQCR) Partner, and debarred him from undertaking any audit work of a corporate for three years.

The National Financial Reporting Authority (NFRA) has reportedly imposed a Rs 2 crore penalty on Deloitte Haskins & Sells for audit lapses ... who was the Engagement Quality Control Review ...