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F MEC With Finayo: Focused on the climate financing space, the disbursement is poised to help EV penetration in the country and boost the green financing ecosystem, the companies said. ....
Coming down heavily on a chartered accountant (CA) for negligent review, failure to apply professional skills and lack of sufficient experience while working as an engagement quality control (EQC) partner for the audit of a listed company, the National Financial Reporting Authority (NFRA), barred CA Apoorve Bansal, the ECQ reviewer of SVP & Associates for one year. NFRA also imposed a fine of Rs1 lakh on the CA. ....
In its order, the audit regulator slapped a fine of Rs 1 lakh on Apoorve Bansal of SVP & Associates, who was the Engagement Quality Control (EQC) reviewer for the statutory audit of SRS Ltd. Besides, Bansal was also debarred for one year from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate, the regulator said in an order on Tuesday. ....