SA 600: NFRA says can reconsider remedial measures if ICAI provides strong evidence of concentration risks

NFRA is firm on its revised auditing standards, particularly SA 600, but remains open to reconsidering the approach if ICAI or any other regulatory body presents compelling evidence of audit concentration risks. However NFRA holds a strong view that currently no substantial evidence to suggest that the changes will lead to an undue concentration of audit work.

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