Tag: NFRA
NFRA is engaging upto 10 Chartered Accountants/ Cost and Management Accountants/ Company Secretaries on contractual basis F. No. A-12034/1/2018-Ad.I Government of India Ministry of Corporate Affairs Shastri Bhawan, 5th Floor,’A’ Wing Dr. Rajendra Prasad Road, New Delhi- 110001 Dated: 24.04.2019 National Financial Reporting Authority (NFRA) intends to engage …
For external confirmations as per SA 505 auditors should use Information Utility platform of National e-Governance Services Limited as per NFRA advice ANNOUNCEMENT FOR THE ATTENTION OF THE MEMBERS Using Information Available at Information Utility (IU) Platform for External Confirmations 1 Standards on Auditing (SAs) recognize the importance of …
General Circular No. 12/2018 F. No. 1/4/2016-CL-IGovernment of IndiaMinistry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. R. P. Road, New Delhi Dated: 13th December, 2018 ToAll RDs,All RoC,The Stakeholders Subject: Extension of the last date of filing of Form NFRA-1-reg. Sir, The Ministry of Corporate Affairs …
Rangachari Sridharan appointed NFRA Chairperson wef 1st October, 2018 and Dr. Prasenjit Mukherjee appointed as full time Member MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 28th November, 2018 S.O. 5848(E).—In exercise of the powers conferred by sub-section (3) of section 132 of the Companies Act, 2013 (18 …
NFRA Rules 2018 notified by MCA. NFRA shall monitor/enforce compliance with accounting / auditing standards. Auditor to file annual return The Ministry Of Corporate Affairs (MCA) has notified the National Financial Reporting Authority Rules, 2018. The NFRA (the Authority) shall have power to monitor and enforce compliance with …
NFRA power to investigate CA misconduct effecive from 24.10.2018. MCA notifies the relevant provisions of sections 132 of the Companies Act, 2013 The Ministry of Corporate Affairs has notified 24th October, 2018 as the date on which the sub-sections (2), (4), (5), (10), (13), (14) and (15) of section …
MCA notifies 1st October, 2018 as the date of constitution of National Financial Reporting Authority. The following two notifications have been issued in this regard. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st October, 2018 S.O. 5099(E).—In exercise of the powers conferred by sub-section (1) of section …
Despite NFRA inherent regulatory role of ICAI shall continue, ICAI have representation on the NFRA Board. -ICAI President In his latest presidential message dated 28-03-2018, CA Naveen N. D. Gupta has assured members that inherent regulatory role of ICAI as provided for in the Chartered Accountants Act, 1949 shall …
Government notifies NFRA w.e.f. 21st March, 2018. Rules for appointment of office bearers have also been notified simultaneously. As per section 132(4) of the Companies Act, 2013, the National Financial Reporting Authority (NFRA) has been empowered to investigate either suo moto or on a reference made to it by the …
NFRA to have power to impose penalty on audit firms The Chartered Accountants Act, 1949 (Act) provides for imposition of punishment/penalties on members of the Institute of Charted Accountants of India (ICAI) if found guilty of misc-conduct. Also, as per section 132(4) of the Companies Act, 2013, the …
