In an effort to stimulate economic development, governments often agree to abate or reduce the taxes of businesses and other The Financial Accounting Foundation, the Financial Accounting Standards ...
The authority has decided to recommend 40 standards on auditing (SAs) and related standards on quality management (SQMs) for ...
NFRA recommends auditing standards for LLPs, enhancing transparency and compliance for limited liability partnerships from ...
The National Financial Reporting Authority (NFRA) plans to apply auditing standards to Limited Liability Partnerships (LLPs). These standards, previously set for companies, await government approval.
On 25 November 2024, the National Financial Reporting Authority (NFRA) finalized and recommended 40 Standards on Auditing (SAs) and related Standards on Quality Management (SQMs) to the Central ...
The NFRA has proposed new audit standards for LLPs, set to take effect in April 2026, despite ICAI's concerns about potential ...
(Image/Official Site) The National Financial Reporting Authority (NFRA) after a two-day board meeting here recommended a bunch of revisions to the auditing standards to the government on Tuesday.
NFRA, formed in 2018, has taken the lead in revising the audit standards and getting them notified as government rules—an overdue requirement that was written into the law in 2013. The new ...