The Financial Supervisory Service (FSS) and the accounting industry have decided to revise the audit standards and quality control standards to promote digital audit technology. They aim to lower the ...
An overall climate of scrutiny may feel stifling for auditors but if that leads to better audit quality, then it may be worth it. Photo: iStock New Delhi: The board of the National Financial Reporting ...
The National Financial Reporting Authority on Tuesday issued the revised Standards on Auditing 600 (SA 600) for public consultation that would address deficiencies in group audit of firms that were ...
Indian audit fees for listed companies have lagged behind company growth significantly. This under-pricing compromises audit ...
The country’s 41-year-old auditing rules need a “major overhaul” so the government can deliver better services adapted to present needs, a lawmaker said on Thursday. In a statement, Misamis Oriental ...