The board of the National Financial Reporting Authority (NFRA) on Tuesday approved a revision of all audit standards issued by the Institute of Chartered Accountants of India (ICAI) in spite of objections from the accountants' body on some of the changes.
NFRA recommended the implementation of the revisions to the government from April 1, 2026, the ministry of corporate affairs said in a statement, marking a major shift in the norms governing statutory audit of companies.
NFRA, formed in 2018, has taken the lead in revising the audit standards and getting them notified as government rules an overdue requirement that was written into the law in 2013.
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Absolute BS: Mohini Dey addresses link-up speculations amid AR Rahman's divorce
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Microneedle pimple patches: How to tackle your zits from the inside out
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Palaash Muchhal's next stars visually-impaired comic Bhavya Shah
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Noida man shows how to kick the butt!
If pollution is a major problem, then a Noida resident has found a way to kick its butt, quite literally! Meet Naman Gupta, whose unique approach to combat pollution has gone viral on social media, with over 271k views and 14.4k likes.
IT WAS A SHOCK: PARAS ON KUNDALI BHAGYA ENDING
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Singer Amit Mishra marries Kriti Thakur in Lucknow
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