Section

NFRA board proposes new audit regime in India from April 2026

By Economic Times - 2 days ago
The National Financial Reporting Authority (NFRA) proposes a new accounting regime for India, aligning auditing standards with global norms. While largely agreeing with the Institute of Chartered Accountants of India (ICAI), NFRA's push for principal auditor accountability in group audits and classifying quality management standards as auditing standards faced opposition.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.