NFRA Chief Ajay Bhushan Pandey Opens Independent Directors’ Databank to Headhunters
In a major announcement, NFRA chief Ajay Bhushan Pandey, who also heads IICA, has decided to open up the exhaustive databank of current and aspiring Independent Directors to the headhunters.
Audit Committees of corporate Boards cannot avoid culpability by blaming auditors: NFRA Chief
The Chairman of the National Financial Reporting Authority (NFRA), Ajay Bhushan Prasad Pandey, emphasised that a company's Audit Committee, primarily composed of Independent Directors, cannot shirk its responsibility for ensuring accurate financial statements, even if auditors fail in their duty.
Audit Committee Meetings Should Not Be A Formality: NFRA Chairman
Ajay Bhushan Pandey, Chairman of the National Financial Reporting Authority (NFRA), highlighted the regulator's concern over instances where meetings between auditors and audit committees have become mere formalities, emphasising the need to rectify this practice.
