Question

Union cabinet has approved establishment of nfra, an oversight body for auditors. Nfra stands for

Answer 1

HeYa MaTe Ji ✌️✌️

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✳️ NFRA stands for✳️

Answer-----❇️ National Financial Reporting Authority.✔️✔️

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Answer 2

 HEY ,

HERE IS YUR ANSWER ,

NFRA :- National Financial Reporting Authority.

The National Financial Reporting Authority (NFRA) is a body constituted under the provisions of Section 132 of the Companies Act, 2013. The constitution of this authority is effective from 1st October 2018. The aim of the Central Government in this regard appears to be:

Setting up of a separate and independent regulatory body to assist in the framing and enforcement of legislation relating to accounting & auditing and

Improving investor and public confidence in the financial reporting of an entity.

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