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MCA Amends Appointment of NFRA Part-Time Members Rules [Read Notification]

The Ministry of Corporate Affairs (MCA) has issued notification no. G.S.R. 42(E) dated 13 January 2026, informing about changes in the rules related...

How Auditors must Communicate with Audit Committee/TCWG: NFRA Issues Circular, Complete Details...

NFRA Issues Second Audit Practice Toolkit on ROMM Assessment to Strengthen Audit Quality for Small &...

What Constitutes Due Diligence in CA Profession? Explained with Professional Misconduct Cases

Audit Regulator Falls Silent: Why has NFRA Not Released any Disciplinary Orders Since February?

NFRA’s Pushes 44 Ind AS Notifications & 40 Revised Audit Standards, says MCA

The National Financial Reporting Authority (NFRA) has intensified its standard-setting and audit-quality initiatives, with the Ministry of Corporate Affairs informing Parliament that the regulator...

Corporate Fraud and Audit Accountability: Understanding India’s Regulatory and Judicial Framework

Audit in India has evolved into a statutory, governance-critical function that goes far beyond the verification of books. With increase in complex corporate structures and financial irregularities,...

NFRA Conducted 19 Major Audit & Reporting Reviews in Five Years: Reports [Read Order]

The National Financial Reporting Authority ( NFRA ) has carried out 19 major reviews and inspections over the last five financial years, according to data presented before the Lok Sabha. As ...

NFRA Chief Flags Governance Lapses, Seeks Stronger Audit Oversight and Self-Regulation

The National Financial Reporting Authority (NFRA) has raised concerns over persistent weaknesses in corporate governance practices across Indian companies and called for improved audit disclosures, ...

Important Update for Auditors: File NFRA-2 Form within the Next 4 Days, Know Complete Filing Details

Who all should file NFRA 2 Form The auditors who are auditing following companies has to file the form: All listed companies- whether listed in India or abroad. Large unlisted...

NFRA Announces Webinar on Impairment of Assets: Find Schedule of Technical Sessions

The National Financial Reporting Authority ( NFRA ) has announced an upcoming webinar on “Impairment of Assets - Ind AS 36”, set to take place on Wednesday, 26 November 2025. The session...

NFRA Launches Toolkits to Improve Audit Quality and Support Small & Medium Accounting Firms [Read Memorandum]

The National Financial Reporting Authority (NFRA) has released a new audit toolkit to help small and medium-sized accounting firms improve the quality of their audit work. The toolkit focuses on how...