India NFRA

NFRA Auditor-Audit Committee Interaction Series 5: Audit of Provisions, Contingent Liabilities and Contingent Assets

NFRA published Series 5 of its Auditor-Audit Committee Interaction Series, providing guidance on dealing with the audit of provisions, contingent liabilities, and contingent assets. The document addresses requirements under Indian Accounting Standard Ind AS 37, along with Standards on Auditing SA 540 and SA 501. The guidance is intended to assist auditors and audit committees in strengthening oversight and audit quality in these areas.

NFRA Samvaad Newsletter Volume-2

NFRA published Volume-2 of its Samvaad newsletter on April 20, 2026. The newsletter is available as a PDF download from the NFRA website. As an informational publication, the newsletter does not create new compliance obligations or regulatory requirements.