NFRA readies inspection reports of top 5 auditors

The National Financial Reporting Authority (NFRA) is finalising critical assessments of how India's top auditors function while auditing financial statements of businesses, a person close to the development said, as the regulator works to improve audit quality in the country.

- Gireesh Chandra Prasad

The critical assessments based on inspections carried out-a first-of-its-kind exercise by NFRA-cover five firms: Price Waterhouse Chartered Accountants Llp, Deloitte Haskins and Sells Llp, BSR & Co. Llp, S.R. Batliboi & Co. Llp, and Walker Chandiok & Co. Llp, the person said on the condition of anonymity.