Auditing and Ethics Standards: Your Best Defense Against NFRA Penalties
An essential part of financial reporting and company governance has always been auditing. Instilling confidence in financial accounts and...
![Supreme Court Permits NFRAs Audit Regulatory Proceedings Against CAs, Stays Execution of Final Orders [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/03/Supreme-Court-NFRAs-Audit-Regulatory-CAs-Stays-Execution-Final-Orders-taxscan.jpg "Supreme Court Permits NFRAs Audit Regulatory Proceedings Against CAs, Stays Execution of Final Orders [Read Judgement]")
NFRA invites Applications for Chairperson and Full-Time Members: 3 Year Tenure, ₹5L+ Salary and Perks Assured
The National Financial Reporting Authority (NFRA) has officially invited applications for the positions of Chairperson and Full-Time Members. The work tenure for these roles is three years, with an...
NFRA to Select Audit Firms Handling Audits of Multiple Listed Companies for Next Phase of Inspection
The National Financial Reporting Authority ( NFRA ), is set to select and conduct a rigorous inspection of audit firms that handle large clients, particularly listed companies, in the next phase of...
Delhi HC upholds Constitutionality of S. 132 Companies and NFRA Rules in Challenge by CA Firms, quashes SCNs [Read Order]
The Delhi High Court recently rejected a challenge to the constitutional validity of Section 132(4) of the Companies Act, 2013, and Rules 3, 8, 10, and 11 of the National Financial Reporting...
“Independent” Auditor Faces Backlash after Self-Promoting as 'Modi Ji Ka Parivar' on Social Media, Removes Tag Amid Protests from CA Community
An independent auditor - Chartered Accountant ( CA ) has come under fire after being called out on social media platform X (formerly Twitter) for having the tagline "Modi Ka Parivar" (Modi's Family)...
Ushdev International Bank Fraud: NFRA Imposes Rs. 5 Lakh Penalty on UIL Auditor in Mumbai for Professional Misconduct [Read Order]
The National Financial Reporting Authority ( NFRA ) has imposed a penalty of ₹5 lakh on a Mumbai Chartered Accountant ( CA ), the statutory auditor of Ushdev International Limited (UIL), for...
