Audit Fees

Planning to audit more firms, increase capacity: NFRA chairperson

Next year, NFRA will shortlist 12 firms for inspection and in the next 4-5 years it plans to inspect 20-30 firms every year

NFRA aligning to global standards but industry awaits more clarity

Experts want the authority to set some limit on the time it would spend on on-site visits

Vote against reappointment of Harsh Mariwala: SES to Marico's shareholders

Seeks approval for revision in remuneration payable to Marico's cost auditors

Fee discord stokes company-auditor divorces amid Covid-19 pandemic

So far this year, nearly 12 firms have reported resignations by their auditors due to disagreement over fees

With more disclosures, auditors may seek higher compensation for their work

Audit companies are still assessing the increase in their workload because of the new rules

Public sector banks pay much higher audit fees than private banks

Private banks have a single auditor while PSBs have multiple auditors