National Financial Reporting Authority

NAFRA should have powers to publish audit inspection results

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Consultancy Grant Thornton India LLP's CEO Vishesh C Chandiok said the committee's recommendations, if implemented as suggested, would improve audit quality, financial reporting and in the process ease of doing business in the country. Activation of the independent regulator NFRA, formation of multi-disciplinary partnerships, activation of global brands for audit, including marketing and business promotion, transparency on non- audit service fees, are all steps aligned with the direction progressive countries in the world have already moved towards...,"

Vishesh C Chandiok
CEO, Grant Thornton India LLP

This article appeared in Times of India on 09th November, 2018.