The Institute of Chartered Accountants of India (ICAI) has called for a halt in the ongoing revision of auditing standards by the National Financial Reporting Authority (NFRA). ICAI’s request follows ...
The Financial Supervisory Service (FSS) and the accounting industry have decided to revise the audit standards and quality control standards to promote digital audit technology. They aim to lower the ...
There have also been many discussions between service providers and the IIA about the role of external service providers and the challenges they face in conforming to the auditing standards. One issue ...
An overall climate of scrutiny may feel stifling for auditors but if that leads to better audit quality, then it may be worth it. Photo: iStock New Delhi: The board of the National Financial Reporting ...
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