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NFRA

Latest Articles


NFRA Flags Audit Lapses in Big Firms: Key Findings & Concerns

CA, CS, CMA : NFRA's latest inspection report highlights audit lapses in top firms, raising concerns over auditor independence, ICFR verificatio...

April 1, 2025 909 Views 0 comment Print

एनएफआरए ने आडिट क्वालिटी पर फिर उठाए सवाल, खामियां उजागर

CA, CS, CMA : एनएफआरए ने बीएसआर एंड कंपनी और लोधा एंड कंपनी के आ...

December 22, 2024 1275 Views 0 comment Print

Will proposed ISA 600 by NFRA put end to company audits by small & mid sized audit firms!

Corporate Law : ISA 600 draft may impact small audit firms in India by concentrating audit work among larger firms. A balanced approach is needed ...

August 31, 2024 3690 Views 0 comment Print

मुख्य या ग्रुप आडिटर को सहायक कंपनियों के आडिटर की रिपोर्ट की करनी होगी पूरी समीक्षा

CA, CS, CMA : एनएफआरए सूचीबद्ध कंपनियों में वित्तीय धोखाधड़ी �...

August 21, 2024 741 Views 0 comment Print

Unveiling Professional Misconduct: NFRA’s Order on Seya Industries Limited’s Statutory Audit

Company Law : The Order No. 002/2024 Date: 05.01.2024, centered around CA Anil Chauhan, the Engagement Partner (EP) of Anil Chauhan & Associates...

January 11, 2024 1113 Views 0 comment Print


Latest News


Deloitte Inspection: NFRA Notes Progress, Flags Lingering Issues

Company Law : NFRA's 2023 inspection of Deloitte Haskins & Sells LLP finds improvements but notes ongoing issues in key audit areas....

March 30, 2025 2151 Views 0 comment Print

NFRA Series on Auditor-Audit Committee Interaction: Related Party Audits

Company Law : NFRA highlights auditor responsibilities in related party transactions, emphasizing compliance with Ind AS 24, SEBI regulations, a...

March 30, 2025 489 Views 0 comment Print

Audit Strategy & Planning – SA 300: NFRA’s Guidance for Auditors

Company Law : NFRA outlines audit strategy and planning requirements, emphasizing auditor communication with audit committees and compliance wit...

March 30, 2025 792 Views 0 comment Print

NFRA Finds Unresolved Issues in Walker Chandiok’s 2023 Audit Inspection

Company Law : NFRA's 2023 inspection of Walker Chandiok & Co. LLP reveals ongoing issues in independence and audit procedures....

March 30, 2025 669 Views 0 comment Print

NFRA Finds Continued Independence Issues at SRBC & Co. LLP in 2023 Inspection

Company Law : NFRA's 2023 inspection of SRBC & Co. LLP highlights audit quality issues, independence concerns, and compliance with auditing stan...

March 30, 2025 309 Views 0 comment Print


Latest Judiciary


Breaking News: Delhi HC Stays NFRA’s SCN Against Engagement Quality Control Reviewer

Company Law : Delhi HC examines NFRA's jurisdiction in issuing show-cause notices to Engagement Quality Control Reviewers (EQCRs) under Section ...

February 5, 2025 7368 Views 0 comment Print

Delhi HC Denies Interim Relief on NFRA Penalties in Reliance Capital Audit

Corporate Law : Delhi High Court refuses interim relief against NFRA penalties imposed on CAs and CA firm in the Reliance Capital audit lapses cas...

May 17, 2024 5046 Views 0 comment Print

Delhi HC stays NFRA Proceedings on alleged Section 80JJA Report Misconduct by CA

Corporate Law : Delhi High Court halts NFRA proceedings against CA Unnikrishnan Menon, challenging show cause notice for irregularities in Quess C...

January 23, 2024 1632 Views 0 comment Print


Latest Notifications


NFRA Penalizes Statutory Auditor of Religare Finvest for Misconduct

Company Law : NFRA imposes Rs. 5 lakh penalty and 5-year debarment on CA Neeraj Bansal for professional misconduct during Religare Finvest Ltd's...

January 30, 2025 18624 Views 0 comment Print

NFRA Penalizes Auditors of DB Realty Ltd for Misconduct

Company Law : National Financial Reporting Authority (NFRA) has penalized CA Chetan Desai and CA Rakesh Rathi, partners at Haribhakti & Co. ...

December 23, 2024 5817 Views 0 comment Print

NFRA Penalizes Deloitte LLP and Partners for Audit Misconduct

Company Law : The National Financial Reporting Authority imposes penalties on Deloitte and auditors for misconduct in the ZEEL audit, resulting ...

December 23, 2024 10833 Views 0 comment Print

Disclaimer of Opinion not exempts auditors from statutory obligations: NFRA

Company Law : CA Chirag Doshi faces a ₹5 lakh penalty for professional misconduct in the statutory audit of Ushdev International Limited for F...

October 21, 2024 6849 Views 0 comment Print

NFRA Penalizes Venkatesh & Co. for Audit Misconduct in CDEL Case

Income Tax : NFRA imposes penalties on Venkatesh & Co. and debarment of partners for negligence during the audit of Coffee Day Enterprises Ltd,...

October 10, 2024 5445 Views 0 comment Print


Latest Posts in NFRA

NFRA Flags Audit Lapses in Big Firms: Key Findings & Concerns

April 1, 2025 909 Views 0 comment Print

NFRA’s latest inspection report highlights audit lapses in top firms, raising concerns over auditor independence, ICFR verification, related party transactions & more.

Deloitte Inspection: NFRA Notes Progress, Flags Lingering Issues

March 30, 2025 2151 Views 0 comment Print

NFRA’s 2023 inspection of Deloitte Haskins & Sells LLP finds improvements but notes ongoing issues in key audit areas.

NFRA Series on Auditor-Audit Committee Interaction: Related Party Audits

March 30, 2025 489 Views 0 comment Print

NFRA highlights auditor responsibilities in related party transactions, emphasizing compliance with Ind AS 24, SEBI regulations, and the Companies Act 2013.

Audit Strategy & Planning – SA 300: NFRA’s Guidance for Auditors

March 30, 2025 792 Views 0 comment Print

NFRA outlines audit strategy and planning requirements, emphasizing auditor communication with audit committees and compliance with auditing standards.

NFRA Finds Unresolved Issues in Walker Chandiok’s 2023 Audit Inspection

March 30, 2025 669 Views 0 comment Print

NFRA’s 2023 inspection of Walker Chandiok & Co. LLP reveals ongoing issues in independence and audit procedures.

NFRA Finds Continued Independence Issues at SRBC & Co. LLP in 2023 Inspection

March 30, 2025 309 Views 0 comment Print

NFRA’s 2023 inspection of SRBC & Co. LLP highlights audit quality issues, independence concerns, and compliance with auditing standards and ethical requirements.

Provisional List of Audit Firms Missing NFRA-2 Filings for 2023-24

March 26, 2025 369 Views 0 comment Print

Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2024; fines apply for non-compliance.

Provisional List of Audit Firms Yet to File NFRA-2 for Reporting Period 2022-23

March 26, 2025 324 Views 0 comment Print

List of audit firms yet to file NFRA-2 for 2022-23. Filing deadline was 30.11.2023; penalties apply for non-compliance. Late submissions are still accepted.

Provisional List of Audit Firms Not Filing NFRA-2 for 2023-24

March 16, 2025 27594 Views 0 comment Print

Find the provisional list of audit firms of listed companies that haven’t filed NFRA-2 forms for the reporting period 2023-24. Updated as of 10.03.2025.

Audit of Accounting Estimates & Judgments Income Taxes – Ind AS 12 – NFRA

March 10, 2025 735 Views 0 comment Print

Overview of NFRA’s interaction series focusing on auditor-audit committee communications, covering deferred tax assets, liabilities, and Ind AS 12 requirements.

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