NFRA Imposes 1 Lakh Fine on CA for Failure in Maintaining Standard Quality in Verifying Financial Statements [Read Order]

By Yogitha S. Yogesh - On August 3, 2023 11:00 am - 2 mins read
NFRA Imposes 1 Lakh Fine - NFRA - CA - Maintaining Standard Quality - Financial Statements - Standard Quality - Chartered Accountants - Taxscan

The National Financial Reporting Authority (NFRA) imposed a 1 Lakh fine on Chartered Accountants (CA) for failure in maintaining Standard Quality in verifying financial statements. CA Riya Agarwal of M/s Shekhar Sharad & Co., Ramgarh, who is a member of the Institute of Chartered Accountants of India (ICAI) and was the Engagement Quality Control Review…

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