Thu, Apr 25, 2024
The order came after NFRA received information from the Securities Exchange Board of India (Sebi), that Vikas WSP Ltd did not recognise in its FY20 financial statements the interest expense on its borrowings from banks, which resulted in overstatement of profits by the company.
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Thu, Mar 01, 2018
The jurisdiction of the NFRA -- which would be an oversight body for auditors -- would extend to all listed companies as well as large unlisted public companies.
Thu, Dec 28, 2017
The move has been necessitated after the role of some accounting professionals in helping business entities hide black money, came to light.
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