https://www.taxtmi.com/article/detailed?id=5278 National Financial Reporting Authority recommends accounting and auditing standards to the Central Government, which alone prescribes them. NFRA has exclusive jurisdiction to investigate professional misconduct by chartered accountants, with civil court powers to compel documents and witnesses, and authority to impose monetary penalties and debarment. Appeals from NFRA orders lie to a separately constituted Appellate Authority; detailed procedural and governance rules are to be prescribed by the Central Government. en-us Fri, 13 Sep 2013 12:10:50 +0530 Sat, 14 Sep 2013 22:19:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5278 National Financial Reporting Authority recommends accounting and auditing standards to the Central Government, which alone prescribes them. NFRA has exclusive jurisdiction to investigate professional misconduct by chartered accountants, with civil court powers to compel documents and witnesses, and authority to impose monetary penalties and debarment. Appeals from NFRA orders lie to a separately constituted Appellate Authority; detailed procedural and governance rules are to be prescribed by the Central Government. Articles Accounting - Auditing Fri, 13 Sep 2013 12:10:50 +0530 https://www.taxtmi.com/article/detailed?id=5278