Search result for 'group audits'

NFRA proposes revisions to auditing standards SA 600 and SA 299, but the ICAI disagrees, citing concerns over potential duplication and costs. The regulator also recommends changes to SQC1 as...

NFRA Chairman emphasizes incorporating global standards for accounting and auditing to foster large Indian firms. He highlights corporate failures and the need for high-quality reporting and...

NFRA highlights the importance of statutory auditor obligations in group audits, citing instances of audit failures and emphasizing the need for proper interpretation of SA 600.

ICAI seeks more time to review NFRA's proposed changes to auditing standard SA 600, arguing the move was surprising and could negatively impact small and medium CA firms.

NFRA proposes changes to auditing standard SA 600, aiming to protect investors' interest and address concerns over audit quality in group companies.