The Auditor’s Role: Balancing Audit Procedures and Professional Skepticism
Recently, Ajay Bhushan Pandey, the chairperson of India’s accounting watchdog, the National Financial Reporting Authority (NFRA), delivered a significant message during ASSOCHAM’s third International Conference on Financial Reporting and Control. He emphasized that it matters less whether auditors are expected to uncover fraud; what truly matters is their adherence to due processes. Whether they discover […]
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