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NFRA flags lapses in audit quality and independence concerns in 3 audit firms
The Morning Standard
|March 31, 2025
THE National Financial Reporting Authority (NFRA) has flagged certain lapses in the audit quality of three audit firms.
The observations have been made in NFRA's three separate inspection reports of SRBC & Co LLP, Deloitte Haskins & Sells LLP and Walker Chandiok & Co LLP.
In its report on SRBC & Co LLP, the regulator conducted audit quality inspections in 2024 and the scope included focus on three audit areas -- Internal financial control over financial reporting on revenue, related party transactions and impairment of non-financial assets.
Dit verhaal komt uit de March 31, 2025-editie van The Morning Standard.
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