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<h1>Financial Reporting Review Board to Audit Two Companies for Potential Accounting Irregularities and Governance Concerns</h1> The Institute of Chartered Accountants of India (ICAI) will review financial statements of two companies experiencing regulatory challenges for the 2023-24 fiscal year. The Financial Reporting Review Board will assess compliance with accounting standards and auditing requirements. The review follows regulatory concerns about potential fund diversions and governance lapses, with potential referral to disciplinary bodies if serious accounting irregularities are discovered.