KARNATAKA
NFRA-KSCAA Outreach Programme in Bengaluru
- 13 Jan 2026
- 1 min read
Why in News?
The National Financial Reporting Authority (NFRA) and the Karnataka State Chartered Accountants Association (KSCAA) jointly organised an outreach programme in Bengaluru
Key Points:
- National Outreach: Event was part of NFRA’s nationwide outreach aimed at enhancing financial reporting and audit quality across the country.
- Theme: "Creating a Better Financial Reporting Ecosystem".
- Objective: To enhance audit quality and competency of Indian audit firms, particularly Small and Medium Audit Practitioners (SMPs), to make them globally competitive.
- Topics: Discussions focused on Audit Strategy Documentation, Audit Sampling, and Risk of Material Misstatements (ROMM).
- Mandate: NFRA is the independent regulator for auditing standards in India, established under Section 132 of the Companies Act, 2013.
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Read more: Companies Act, 2013 |