NFRA to have power to impose penalty on audit firms

NFRA to have power to impose penalty on audit firms https://www.taxtmi.com/news?id=19690 The statutory framework is amended to vest a regulatory authority with power to impose penalties on audit firms, contingent on formal registration and subjecting firms to disciplinary procedures analogous to those for individual members, including investigation, proceedings, and sanctioning mechanisms. en-us Tue, 06 Mar 2018 17:48:55 +0530 Tue, 06 Mar 2018 17:48:55 +0530 TaxTMI RSS Generator NFRA to have power to impose penalty on audit firms https://www.taxtmi.com/news?id=19690 The statutory framework is amended to vest a regulatory authority with power to impose penalties on audit firms, contingent on formal registration and subjecting firms to disciplinary procedures analogous to those for individual members, including investigation, proceedings, and sanctioning mechanisms. News - Tue, 06 Mar 2018 17:48:55 +0530 https://www.taxtmi.com/news?id=19690