ICAI’s new standards legally void: NFRA
- Posted on October 16, 2024
- By Financial Express
- 2 Views
ICAI’s new standards legally void: NFRA
NFRA board, including members like SEBI, CAG and RBI, is of the opinion that SQMs have to be notified as auditing standards (with legal backing) whereas the ICAI maintains that SQMs are not standards of auditing.