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of <h1>National Financial Reporting Authority: Appointment Criteria and Conflict of Interest Rules for Chairperson and Members</h1> The National Financial Reporting Authority (NFRA) is composed of a chairperson, three full-time members, and nine part-time members, all appointed by the Central Government. The chairperson must have at least 25 years of expertise in accountancy, auditing, finance, or law, while full-time members require 20 years of experience. All appointees must declare no conflicts of interest before appointment. The chairperson and full-time members cannot be associated with audit firms during their tenure and for two years afterward. Part-time members must not have financial or other interests that could affect their roles.
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