https://www.taxtmi.com/acts?id=15567 Central Government may constitute a National Financial Reporting Authority to recommend, monitor and enforce accounting and auditing policies and standards, oversee professional quality related to financial reporting, investigate professional or other misconduct of accountants, cost accountants, company secretaries and other prescribed professionals with civil-court-like powers for discovery, summons, inspection and examination, and, if misconduct is established, impose penalties and debarment; NFRA's composition, appointments, conflict-of-interest declarations, staffing, accounts, audit and annual reporting are subject to prescribed rules and oversight, with prescribed appellate review of NFRA orders. en-us Tue, 20 Dec 2011 18:41:41 +0530 Tue, 20 Dec 2011 18:41:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15567 Central Government may constitute a National Financial Reporting Authority to recommend, monitor and enforce accounting and auditing policies and standards, oversee professional quality related to financial reporting, investigate professional or other misconduct of accountants, cost accountants, company secretaries and other prescribed professionals with civil-court-like powers for discovery, summons, inspection and examination, and, if misconduct is established, impose penalties and debarment; NFRA's composition, appointments, conflict-of-interest declarations, staffing, accounts, audit and annual reporting are subject to prescribed rules and oversight, with prescribed appellate review of NFRA orders. Act-Rules Bills Tue, 20 Dec 2011 18:41:41 +0530 https://www.taxtmi.com/acts?id=15567