The National Financial Reporting Authority (NFRA) imposed a 1 Lakh fine on Chartered Accountants (CA) for failure in maintaining Standard Quality in verifying financial statements. CA Riya Agarwal of M/s Shekhar Sharad & Co., Ramgarh, who is a member of the Institute of Chartered Accountants of India (ICAI) and was the Engagement Quality Control Review…
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