News: National Financial Reporting Authority(NFRA) has constituted a Technical Advisory Committee(TAC) under chairmanship of R.Narayanaswamy to aid and advise NFRA on issues related to the drafts of accounting standards and auditing standards. Facts: National Financial Reporting Authority(NFRA): It is an audit regulator constituted in 2018 by the Government of India under section 132(1) of the… Continue reading NFRA constitutes technical advisory committee
Tag: NFRA
National Financial Reporting Authority submits first report since constituted
News:The National Financial Reporting Authority(NFRA) has issued its first audit report of IL&FS Financial Services Limited for the year 2017-18. Facts: About NFRA: The National Financial Reporting Authority(NFRA) has been constituted in 2018 by the Government of India under section 132 of the Companies Act,2013. The need for establishing NFRA was felt in the wake… Continue reading National Financial Reporting Authority submits first report since constituted
