The difference of opinion between ICAI and NFRA on the revision of auditing standards in India has come to the fore once ...

FRANKFURT/SHANGHAI (Financial Times) -- The audit that Volkswagen claimed cleared it of allegations of forced labor in Xinjiang failed to meet international standards, according to a review of the ...

FASB News Proposal to Clarify 34 Narrow Accounting Issues In a move aimed at bringing greater accuracy to financial reporting, FASB voted on September 18 ...

An audit commissioned by Volkswagen into its jointly owned site in Xinjiang, China, failed to meet key aspects of the ...

An audit of Volkswagen's site in Xinjiang, China, failed to meet international standards according to an FT report.

The National Financial Reporting Authority (NFRA) has proposed revisions to the Standards on Auditing 600 (SA), aligning them ...

The National Financial Reporting Authority (NFRA) has suggested updating an outdated accounting standard to align with global ...

The fines and business suspension marks the most severe action taken against any accounting firm by Chinese regulators.

China imposes a six-month suspension on PwC's auditing unit due to accounting irregularities. Read this article to know more!

India has approved a National Test House in Ghaziabad for drone certification in the country, which started its first audit i ...

QC 1000 establishes a risk-based system that aligns with AICPA quality management standards, both of which take effect in late 2025.