NFRA to have power to impose penalty on audit firms

Last updated: 07 March 2018


The Chartered Accountants Act, 1949 (Act) provides for imposition of penalties on members of the Institute of Charted Accountants of India (ICAI). The ICAI had submitted a proposal to the Government for amendment to the Act to, inter alia, provide for registration of audit firms, procedure for ta

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Category Audit   Report

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