National Financial Reporting Authority
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National Financial Reporting Authority (NFRA) is an independent regulator set up to oversee the auditing profession and the Indian Accounting Standards under the Companies Act 2013. It came into existence in October 2018. The chairperson since March 2022 is Ajay Bhushan Pandey.
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NFRA has retrospective jurisdiction, says National Company Law Appellate TribunalThe National Company Law Appellate Tribunal (NCLAT) has ruled that the National Financial Reporting Authority (NFRA) has superior authority over the Institute of Chartered Accountants of India (ICAI)..IndiaTimes - Published |
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