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audit firms: Top auditors stop offering non-audit work to clients

Top audit firms in India, including KPMG affiliate BSR & Affiliates and BDO affiliate MSKA & Associates, have stopped offering non-audit services to audit clients. This move aligns with the NFRA s strict stance on conflict-of-interest issues. EY affiliate SR Batliboi & Co is the only top firm still providing such services. This change comes amid global pressure for auditors to maintain independence and avoid conflicts of interest. The NFRA s regulations apply to Indian companies meeting certain thresholds.

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NFRA to inspect Big 4, others in 2024 too

NFRA to inspect Big 4, others in 2024 too
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Health check for healers: The big audit firms are under the NFRA lens

In recent times, more and more audit firms have challenged company managements, some going to the extent of resigning on the ground of incompatibility with what the management wanted or was doing. This, said Ajay Bhushan Pandey, chairman of the National Financial Regulatory Authority (NFRA), in a media interview, was a good sign. Now, the national accounting watchdog has turned the spotlight on audit firms themselves.

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Auditors must be free, display professional scepticism - Industry News

Auditors must be free, display professional scepticism - Industry News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Priyansh vermaAjay bhushan pandeyNational financial reporting authorityInstitute of chartered accountants indiaChartered accountantsCompanies act

More action against pre-2018 audit violations likely: NFRA

More action against pre-2018 audit violations likely: NFRA
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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