Stakeholders Relationship Committee
NFRA to release 7 papers to help stakeholders ask key audit questions
To enhance the quality and the level of interactions between auditors and companies' audit committees, NFRA chief Ajay Bhushan Prasad Pandey has said the watchdog plans to come out with six to seven papers having sets of questions that will cover various aspects of statutory audits. "The papers will also help the stakeholders in asking the right questions related to audits," he told PTI. Constituted in October 2018, the National Financial Reporting Authority (NFRA) has been making efforts to improve audit quality and has passed over 80 orders against various entities for auditing lapses. "These papers will also act as a guidance for companies' audit committees, independent directors, and board of directors in understanding the nuances as well as critical aspects of auditing," the NFRA Chairperson said. In the planned series, the first paper on 'Audit of Accounting Estimates and Judgments Part 1: Expected Credit Losses (ECL) under Ind AS 109' was issued on January 10. "NFRA plans t
 "NFRA to release 7 papers to help stakeholders ask key audit questions")
Adani group becomes single-largest shareholder in NDTV with 37.4% stake
Conglomerate can now propose reconstitution of board, say proxy advisory firms
 "Adani group becomes single-largest shareholder in NDTV with 37.4% stake")
Stakeholders Relationship Committee: Falling short on commitment
Stakeholders Relationship Committee has been underutilised by companies for dispute resolution
 "Stakeholders Relationship Committee: Falling short on commitment")
