Current Affairs

GK MCQs Section

Topic: Audit

NFRA creates Database of companies and auditors

The National Financial Reporting Authority is creating a database of companies and auditors. What is the plan? As a first step of establishing the database, NFRA is to...

May 8, 2021

NFRA bans CA Udayan Sen from Auditing for 7 years

The National Financial Reporting Authority has taken stringent action against a high-profile chartered accountant with the Big 4 Audit Firms, Udayan Sen, for his role as engagement partner...

July 23, 2020

Ministry of Corporate affairs notifies CARO 2020

The Union Ministry of Corporate affairs recently notified the Companies (Auditor’s Report) Order, 2020 (CARO 2020). As per the notification, all listed companies should mandatorily disclose all whistle-blower...

February 28, 2020

Rajiv Mehrishi elected as external auditor of WHO

Rajiv Mehrishi, the Comptroller and Auditor General (CAG) of Indiam has been elected as external auditor of the World Health Organization (WHO) for four years from 2020 to...

June 4, 2019

Cabinet Approves the Creation of Sixth Deputy CAG Post

The Union Cabinet has given its approval to create one post of Deputy Comptroller & Auditor General by abolishing one STS (Standard and Testing Staff) level post in...

April 17, 2019

Rajiv Mehrishi appointed as Vice-Chair of UN Panel of Auditors for 2019

Rajiv Mehrishi, the Comptroller and Auditor General (CAG) of India, has been appointed as Vice-Chair of UN Panel of Auditors for the year 2019. The United Nations Panel...

December 12, 2018

Meghalaya launches India’s first social audit law

Meghalaya has become the India’s first state to operationalise a law that makes social audit of government programmes and schemes a part of government practice. Chief Minister Mukul...

December 17, 2017

CAG appointed as External Auditor of IAEA & WIPO

The CAG of India appointed as EXTERNAL AUDITOR of two major UN organizations:- The Vienna based International Atomic Energy Agency (IAEA) The Geneva based World Intellectual Property Organisation...

December 7, 2011

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