NFRA inspection reports of 10 audit firms by March-end

India’s financial watchdog, NFRA, has inspected ten major audit firms. These include EY, KPMG, Deloitte, PwC, Grant Thornton, and BDO. Findings will be released by March end. Inspections focus on audit quality and governance. Some firms show improvement in processes.…

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Beyond Big Four

Audit fees in India have long been compressed, even as regulatory expectations have expanded. Today’s auditor must understand artificial intelligence systems, data analytics, cybersecurity frameworks and sustainability disclosures. Global convergence with evolving standards demands continuous training and investment.

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