CA, CS, CMA : एनएफआरए ने बीएसआर एंड कंपनी और लोधा एंड कंपनी के आ...
Corporate Law : ISA 600 draft may impact small audit firms in India by concentrating audit work among larger firms. A balanced approach is needed ...
CA, CS, CMA : एनएफआरए सूचीबद्ध कंपनियों में वित्तीय धोखाधड़ी ...
Company Law : The Order No. 002/2024 Date: 05.01.2024, centered around CA Anil Chauhan, the Engagement Partner (EP) of Anil Chauhan & Associates...
Company Law : Explore the implications of recent debarments by the National Financial Reporting Authority (NFRA) on Chartered Accountants and fi...
Company Law : Apply for Chairperson and Member positions at NFRA. Eligibility: 20-25 years of experience in accountancy, auditing, finance, or l...
Company Law : NFRA inspection of PwC firms (PWCA & PW& Co CA) reveals deficiencies in related party transaction verification and documentation, ...
Company Law : Summary of NFRA's audit quality inspection of Lodha & Co., highlighting key deficiencies in audit documentation, independence poli...
Company Law : NFRA's 2023 inspection of M/s BSR & Co. LLP highlighted improvements in audit practices, independence policies, and documentation ...
Company Law : NFRA's 2023 inspection of MSKA & Associates highlights audit deficiencies, governance issues, and non-compliance with standards. D...
Company Law : Delhi HC examines NFRA's jurisdiction in issuing show-cause notices to Engagement Quality Control Reviewers (EQCRs) under Section ...
Corporate Law : Delhi High Court refuses interim relief against NFRA penalties imposed on CAs and CA firm in the Reliance Capital audit lapses cas...
Corporate Law : Delhi High Court halts NFRA proceedings against CA Unnikrishnan Menon, challenging show cause notice for irregularities in Quess C...
Company Law : NFRA imposes Rs. 5 lakh penalty and 5-year debarment on CA Neeraj Bansal for professional misconduct during Religare Finvest Ltd's...
Company Law : National Financial Reporting Authority (NFRA) has penalized CA Chetan Desai and CA Rakesh Rathi, partners at Haribhakti & Co. ...
Company Law : The National Financial Reporting Authority imposes penalties on Deloitte and auditors for misconduct in the ZEEL audit, resulting ...
Company Law : CA Chirag Doshi faces a ₹5 lakh penalty for professional misconduct in the statutory audit of Ushdev International Limited for F...
Income Tax : NFRA imposes penalties on Venkatesh & Co. and debarment of partners for negligence during the audit of Coffee Day Enterprises Ltd,...
Explore the implications of recent debarments by the National Financial Reporting Authority (NFRA) on Chartered Accountants and firms in India. Understand NFRA’s functions, duties, and its role in ensuring accountability and maintaining financial reporting standards. Stay informed about the penalties imposed and their significance in fostering transparency and credibility in the Indian financial reporting ecosystem.
National Financial Reporting Authority imposes ₹5 lakh penalty on Bartronics India’s auditor, CA T. Raghavendra, with a 2-year debarment.
Coffee Day Enterprises Limited (CDEL) operates in various sectors, including coffee retailing, logistics, financial services, and hospitality. NFRA has issued orders against auditors for alleged financial irregularities. This article discusses the case and the issue of provisioning interest on NPAs.
Review of National Financial Reporting Authority’s action against CA Riya Agarwal under Companies Act 2013. Details of case and penalties inside.
Detailed report on NFRA’s penalty against CA Shekhar Sharad for professional misconduct during the audit of Burnpur Cement Limited in FY 2017-18.
NFRA has issued Order imposing penalties and sanctions on M/s ASRMP & Co. and auditors CA A. S. Sundaresha and CA Madhusudan U A for professional misconduct in audit of Coffee Day Global Limited for FY 2019-20.
The National Financial Reporting Authority (NFRA) has issued an order penalizing CA Sachin Kansai, the Engagement Partner (EP) for the audit of M/s Anshu’s Clothing Ltd (now known as Aditri Gems & Jewels Ltd) for the Financial Year (FY) 2015-16, under Section 132(4) of the Companies Act, 2013. The order addresses various non-compliances with accounting […]
Comprehensive analysis of audit lapses leading to significant NFRA-imposed penalty on CA Devang Dalal and M H Dalal & Associates, setting a precedent in corporate financial accountability.
NFRA issued a circular highlighting statutory auditors’ obligations to report fraud in accordance with Companies Act, 2013. Circular emphasizes consequences for auditors who fail to fulfill their reporting duties and clarifies that resignation does not absolve them of their responsibilities.
National Financial Reporting Authority (NFRA) issues an order imposing a penalty on CA Gautam Guha of Rupees One Lakh (Rs. 1,00,000) for failure to report the non-compliance of M/s Nicco Uco Alliance Credit Limited with Accounting Standards (AS). The NFRA initiates an investigation into the role of statutory auditors based on irregularities observed in the […]
