NFRA Launches Initiatives to Enhance Audit Quality
The National Financial Reporting Authority (NFRA) is proactively enhancing audit quality and sustainable practices through nationwide outreach programs and its inaugural Audit Firms Survey 2025. The initiatives aim to support small and medium-sized audit firms across India. Among other efforts, NFRA has launched 'Audit Practice Toolkits', revised auditing and accounting standards, and is facilitating dialogues between auditors and audit committees. This initiative underlines NFRA's commitment to improving financial reporting and audit practices in the country.
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