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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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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.

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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