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NFRA to get powers to investigate companies, audit firms

Last Updated: Tuesday, October 22, 2013, 21:52

The National Financial Reporting Authority (NFRA), the proposed apex body for accounting and auditing standards, will have powers to probe and review audits of companies, including those which have securities listed outside India.

Satyam made us smarter; auditors can't get cosy with management: MCA

Last Updated: Tuesday, December 25, 2012, 16:41

The Minister said there have been issues related to auditors that had led to various accounting frauds, including in the case of high-profile Satyam Computer scam.