NFRA imposes 1 Crore Penalty on Auditors of Cafe Coffee Day Subsidiary on Failure to Detects Fraudulent Diversion of Funds of Rs. 2,448.23 crores [Read Order]
The National Financial Reporting Authority (NFRA) imposed a monetary penalty of Rs. 1 crore on the auditors of Cafe Coffee Day subsidiary Tanglin...
Experienced Auditor's Committee to Ensure High Quality Audits; Remunerated Suitably: Says NFRA Chairperson Dr. Ajay Bhushan Pandey
During the 3rd International Conference on Financial Reporting and Control: Recent Development and Challenges, hosted by ASSOCHAM on 21st July 2023, Dr. Ajay Bhushan Prasad Pandey, the Chairperson of...
NFRA Imposes 60 Lakh Penalty on CA and CA Firm: Debars CA for 5 Years For Professional Misconduct [Read Order]
The National Financial Reporting Authority (NFRA) has imposed a total of Rs. 60 Lakhs Penalty on Chartered Accountant (CA) and CA Firm and debarred the CA for Professional Misconduct. National...
![NFRA Imposes 60 Lakh Penalty on CA and CA Firm: Debars CA for 5 Years For Professional Misconduct [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/NFRA-Imposes-60-Lakh-Penalty-CA-and-CA-Firm-Debars-CA-Penalty-on-CA-and-CA-Firm-5-Years-For-Professional-Misconduct-Penalty-taxscan.jpg "NFRA Imposes 60 Lakh Penalty on CA and CA Firm: Debars CA for 5 Years For Professional Misconduct [Read Order]")
NFRA issues Circulars on Statutory Auditors’ Responsibilities in relation to Fraud in a Company [Read Circular]
The National Financial Reporting Authority (NFRA) addressing the Auditors of the Entities, issued a circular on 26th June 2023 regarding the responsibilities of the Statutory Auditors in relation to...
NFRA debars CA from Audits for 5 Years and imposes Penalty for Professional Misconduct u/s 132(4)(2) of Companies Act [Read Notification]
The National Financial Reporting Authority (NFRA) imposed a monetary penalty of Five Lakhs upon a Chartered Accountant for professional misconduct. In addition, the CA Rakesh Puri was debarred for...
Audit Lapses in SRS Limited: NFRA Imposes 3 Year Ban and Rs. 3 Lakh Penalty for Two Chartered Accountants
The auditor-regulator, the National Financial Reporting Authority (NFRA) has imposed a penalty of Three lakhs on the statutory auditor of now-de-listed company SRS Ltd, along with a three-year ban on...
