Auditing Current Affairs, GK & News
National Financial Reporting Authority – Update (March, 2022)
The Appointments Committee of the Cabinet (ACC) has approved the appointment of former finance secretary Ajay Bhushan Pandey as the chairperson of the National Financial Reporting Authority (NFRA). About NFRA National Financial Reporting Authority (NFRA) is a statutory body, established in 2018 under the Companies Act 2013. It is an independent regulatory body, which oversees ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: Accounting • Auditing • Companies Act 2013 • NFRA
National Financial Reporting Authority submits first report since constitution
The National Financial Reporting Authority (NFRA) issued its first audit report of IL&FS Financial Services Limited for the year 2017-18. It is the first report submitted by the authority since its constitution in October 2018. The audit was conducted abiding Section 13(2) of the companies act, 2013 and NFRA rules, 2018. Highlights Prior to NHRA, ..
Month: Current Affairs - December, 2019
Category: Economy & Banking Current Affairs - 2022
Topics: Auditing • Bad Loans • Companies Act 2013 • Financial Assistance • Investment • National Financial Reporting Authority • Non Performing Assets (NPA)
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 2023. He was elected at the 72nd World Health Assembly in Geneva in May 2019. This is the second major international audit assignment for the CAG this ..
Topics: Accounting • Audit • Auditing • Auditor general • Business • CAG • Comptroller and Auditor General • Comptroller and Auditor General of India • Controller and Auditor-General of New Zealand • External auditor • Government • Rajiv Mehrishi
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 the Office of the Comptroller Auditor General of India. Related Information The Deputy Comptroller & Auditor General shall oversee the coordination among State Audits audit of telecommunication ..
Topics: Accounting • Audit • Audit in India • Auditing • Auditor general • Business • CAG • Comptroller • Comptroller and Auditor General • Controller and Auditor-General of New Zealand • Government • Public Accounts Committee
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 of Auditors consists of External Auditors of the United Nations and its agencies. Presently, the panel consists of 11 countries — India, Germany, Chile, Canada, France, Italy, ..
Topics: Audit • Auditing • Auditor general • CAG • Civil Services of India • Comptroller and Auditor General • Comptroller and Auditor General of India • External auditor • Government • Rajiv Mehrishi
Deloitte India Risk Survey 2018
Deloitte is a multinational professional services network and one of the “Big Four” accounting organizations. About the Survey: Deloitte India Risk Advisory surveyed more than 100 stakeholders covering board level executives, CEOs, CFOs, CRO, Business Leaders, and Heads of Internal Audit. The survey aims to get a reasonable understanding of the risk culture in the Indian organisations. ..
Topics: Actuarial science • Auditing • Business • Chief risk officer • Deloitte • Economy • Internal audit • risk • Risk analysis • Risk Management • Security