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NFRA releases inspection reports on Big Four audit firms: Here are the observations

The NFRA, which is a regulator that oversees accounting standards and auditing profession in the country, had initiated the inspection of these audit firms in December 2022

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audit quality: NFRA finds certain lapses in audit quality of network entities of Big 4

The inspections of the audit firms were started in December last year and covered various aspects, including review of firm-wide quality controls evaluate their adherence to Standards on Quality Control (SQC-1) and selected audit documentation of the annual statutory audit of financial statements for the year ended March 31, 2021, according to four separate reports released by NFRA on Friday.

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NFRA finds certain lapses in audit quality of network entities of Big 4

NFRA finds certain lapses in audit quality of network entities of Big 4
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NFRA Flags Gaps In Statutory Audits Done By Top Audit Firms

NFRA Flags Gaps In Statutory Audits Done By Top Audit Firms
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NFRA s points irregularities in audit quality inspection of Big four firms

NFRA s points irregularities in audit quality inspection of Big four firms
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