financial reporting News

Supreme Court Permits NFRA to Proceed Against Chartered Accountants Over Audit Quality

The Supreme Court allows NFRA to proceed against chartered accountants over audit quality, emphasizing regulatory oversight in financial reporting and accountability.

Discover the RBI's Latest Directive: Are Banks Operational on March 31, 2025?

The RBI has directed all agency banks handling government transactions to remain open on March 31, 2025, a public holiday, to ensure accurate financial reporting for FY 2024-25. Th...

NFRA Unveils New Strategy to Elevate Audit Standards and Corporate Transparency

The National Financial Reporting Authority (NFRA) plans to release a series of papers aimed at improving audit quality and interaction between auditors and companies' audit committ...

Supermicro Investigation Clears Management, Announces CFO Replacement

Super Micro Computer, Inc. announces the completion of an independent investigation led by a special committee formed in response to concerns raised by Ernst & Young LLP. The findi...