Question

    The National Financial Reporting Authority (NFRA) board meeting in November 2024 will focus on adopting revised auditing standards primarily for:

    A Private sector banks Correct Answer Incorrect Answer
    B Public sector insurance entities Correct Answer Incorrect Answer
    C Listed firms and public interest entities Correct Answer Incorrect Answer
    D Government departments Correct Answer Incorrect Answer
    E Small enterprises Correct Answer Incorrect Answer

    Solution

    Explanation: NFRA's board meeting will discuss revised standards for listed firms and public interest entities, aligning audit practices with international norms.

    Practice Next

    Relevant for Exams: