NFRA changes tack, ramps up focus on supervision to boost audit ecosystem: Chairman AB Pandey

The National Financial Reporting Authority (NFRA) in India has shifted its approach from a predominantly enforcement-driven regulator to one with a judicious approach towards both enforcement and supervision, according to its Chairman Ajay Bhushan Pandey. He highlighted new initiatives, including firm-wide audit quality inspections and engagement with audit panels, independent directors, and boards of listed companies.
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