NFRA urges auditors to strengthen identification, disclosure, and fraud prevention in associated occasion transactions audits, ETCFO
The Nationwide Monetary Reporting Authority (NFRA) has launched its Auditor-Audit Committee Interplay Collection 3, urging auditors to boost their concentrate on the identification, disclosure, and fraud prevention related to associated occasion transactions (RPTs). The report emphasizes the rising significance of transparency and regulatory compliance in managing these transactions. Elevated Scrutiny Required for Associated Get together…