Non-Adherence of Standards of Auditing: NFRA Imposes Fine of Rs 15 Lakhs in Total and Debars Two Chartered Accountants for 15 years in Total [Read Order]

By Kalyani B. Nair - On August 1, 2023 1:30 pm - 2 mins read
Non-Adherence of Standards of Auditing - NFRA Imposes Fine - Total and Debars Two Chartered Accountants - Total - TAXSCAN

The National Financial Reporting Authority (NFRA) imposed a fine of Rs 15 Lakhs in total and debarred two Chartered Accountants for 15 years in total on the ground of non-adherence to Standards of Auditing. National Financial Reporting Authority is a statutory authority set up under section 132 of the Companies Act 2013 to monitor implementation…

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