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Companies Bill 2011: Body to monitor accounting & auditing

Companies Bill 2011: Body to monitor accounting & auditing

NEW DELHI: To have quasi-judicial powers, levy penalty for misconduct; may clash with ICAI. The government proposes to establish a National Financial Reporting Authority (NFRA) for better monitoring of corporate financial management, going by the revised Companies Bill, 2011. NFRA is, in fact, the renamed version of the earlier proposed National Advisory Committee on Accounting [...]

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Comments

  • S V Divvaakar: Very good article. It is a challenge to have companies approach CSR from a programmatic perspective,...
  • Rakesh Kumar Tiwari: I am looking for a change in CSR I have more than 07 years of experience in CSR/ Social Sector.I...
  • K.G.Rajamohan: Great work Subrata Roy Sahar ! To announce such massive welfare activity requires a ” strong...
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  • Ram Bharati: 29.8% of Indians are living below poverty line and the unemployment rate is at 9.8% (CIA- The World...