National Financial Reporting Authority
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Infosys row: National Financial Reporting Authority to look into alleged accounting irregularities at IT-company
•The government has asked the National Financial Reporting Authority (NFRA) to look into alleged accounting irregularities at Infosys in the wake of whistleblower complaints, a senior official said on Thursday
Auditors one of the weakest links in corporate governance, situation leads to serious issues for listed cos, says Uday Kotak
•Kotak said the issue in the profession stems from a potential "conflict of interest" where an association of accountants, ICAI also acts as the sector regulator.
Auditors may soon have to compulsorily get registered with National Financial Reporting Authority
•The NFRA would act as an independent regulator for the auditing profession.
Govt to improve norms for auditors, corporate professionals, says union minister P P Chaudhary
•Union Minister P P Chaudhary's comments come against the backdrop of some auditing entities coming under the scanner of the Corporate Affairs Ministry following various complaints
PNB scam: Who will audit the auditors, police the police and judge the judges? Nirav Modi gave a wake-up call to govt
Muralidharan •For too long have auditors taken smug shelter behind the watchdog-not-bloodhound defence.
Impact of PNB scam: Cabinet clears Fugitive Economic Offenders Bill 2018, auditing watchdog NFRA; key highlights
Fp Staff •Here are key highlights of the Fugitive Economic Offenders Bill 2018 that the Union Cabinet approved on Thursday.