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  3. Sir. For May 19 and onwards. Central Government shall be consulting NFRA or its committee for matters such as CARO formulation. etc… Since NFRA has come into force, What are the things I should keep in mind for coming exam.
Questions › Category: Co. Audit - I › Sir. For May 19 and onwards. Central Government shall be consulting NFRA or its committee for matters such as CARO formulation. etc… Since NFRA has come into force, What are the things I should keep in mind for coming exam.
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Himanshu Bhutani BhutaniHimanshu Bhutani asked 5 years ago
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RaviRavi Staff answered 5 years ago

NFRA will be consulted for Accounting Standards / Ind AS Applicability
NFRA will be consulted for CARO
In CA Final it will be expected in detail so go through Sec 132 See this short video https://youtu.be/8o4tHYQZTvk
In CA Inter / IPCC Sec 132 may not be targeted, but good to listen to above video