Tag: audit reporting

Highlights The MCA plans to offer changes to the Companies Auditor’s Report Order (CARO). The proposal will make a move as soon as the next government comes into powerMinistry of Corporate Affairs (MCA) looks all set to reinforce audit reporting standards, after several number of corporate frauds reportedThe MCA is also seeking to operationalise National Financing Reporting Authority (NFRA). The NFRA will monitor oversight of audits of large corporations Ministry of Corporate Affairs (MCA) looks all set to reinforce audit reporting standards, after several number of corporate frauds reported recently and role of auditors has been a big concern assisting these kind of frauds. The MCA plans to offer changes to the Companies Auditor’s Report Order (CARO). The proposal will make a m...