Exclusive: NFRA widens audit inspections to 10 firms; focus on independence, revenue recognition, reports by December

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As India’s apex audit regulator, NFRA widens its inspection net, it aims to complete reviews by December-end, a source close to the development informed ETCFO. But will deeper scrutiny improve audit quality? Can tighter checks on independence and revenue recognition curb lapses? And will the findings rebuild confidence in India’s audit ecosystem?

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Exclusive: NFRA widens audit inspections to 10 firms; focus on independence, revenue recognition, reports by December

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