Topic: Auditing
NFRA Approves Revised Auditing Standards
The National Financial Reporting Authority (NFRA) has recently approved a revised version of 40 auditing standards. This decision aligns with international auditing standards (ISA). The NFRA Board’s meeting...
ATR Module of AuditOnline
In a significant move towards promoting transparency and accountability in Panchayat audits, the Ministry of Panchayati Raj (MoPR) has launched the Action Taken Report (ATR) Module of AuditOnline....
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)....
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...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...
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...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...
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...
Cabinet approves establishment of National Financial Reporting Authority
The Union Cabinet approved establishment of National Financial Reporting Authority (NFRA) as an independent regulator for the auditing profession. It aims to tighten regulatory oversight over auditors and...
Meghalaya launches India’s first social audit law
Meghalaya became first state in country to operationalize The Meghalaya Community Participation and Public Services Social Audit Act, 2017, a law that makes social audit of government programmes...
