Audit push: NFRA releases second audit practice toolkit; focuses on revenue risk assessment

The National Financial Reporting Authority (NFRA) has launched its second Audit Practice Toolkit, focusing on revenue risk assessment for small and medium audit practitioners. This initiative aims to enhance audit quality by providing a practical guide for identifying and assessing material misstatements in revenue.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/y1rvZAM

Comments

Post a Comment

Popular posts from this blog

Global giants bank on Indian-origin CFOs

Image
Indian-origin finance chiefs are increasingly leading global giants like Unilever, Tesla, and Mastercard. A study reveals over a dozen multinational corporations have appointed Indian descent CFOs, many educated in India. This trend highlights the evolving role of CFOs as strategists, adept at navigating complex markets and demonstrating resilience, a skill honed by the Indian education system and professional experiences. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/r9zfLbi
Read more