Wednesday, October 31, 2018

Committee of experts mulls for establishment of NFRA to align Indian audit landscape with global pos

The Committee of Experts has submitted its report on Regulating audit firms and Networks to the Government. The Committee has found establishment of NFRA as a necessary reform which would align the Indian audit landscape with the Global position. The Committee also recommended measures to further strengthen the operation of NFRA to address contemporary challenges in relation to auditors, audit firms and networks operating in India.

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