https://www.taxtmi.com/news?id=20686 The Committee reviewed structures and operations of large audit networks, found risks from conflict of interest, non-audit services, opacity and market concentration, and recommended regulatory checks and institutional reform by establishing and strengthening the National Financial Reporting Authority to shift from self-regulation to independent oversight and to address contemporary challenges posed by auditors, audit firms and networks. en-us Wed, 31 Oct 2018 12:33:30 +0530 Wed, 31 Oct 2018 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20686 The Committee reviewed structures and operations of large audit networks, found risks from conflict of interest, non-audit services, opacity and market concentration, and recommended regulatory checks and institutional reform by establishing and strengthening the National Financial Reporting Authority to shift from self-regulation to independent oversight and to address contemporary challenges posed by auditors, audit firms and networks. News - Wed, 31 Oct 2018 12:33:30 +0530 https://www.taxtmi.com/news?id=20686