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Companies Law - Highlights / Catch Notes

Home Highlights July 2023 Year 2023 This

Professional Misconduct - Acceptance of audit engagement ...

Companies Law

July 22, 2023

Professional Misconduct - Acceptance of audit engagement disregarding Independence requirements - Tampering of Audit File and related lapses-SA 230, Audit Documentation - Lapses in audit relating to fraudulent transactions - Considering the proved professional misconduct and keeping in mind the nature of violations, principles of proportionality and deterrence against future professional misconduct, NFRA imposed sanctioned against the errant Chartered Accountants (CA) as per the order - NFRA

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