NASSCOM’s Response on NFRA’s Consultation Paper on Enhancing Engagement with Stakeholders

National Financial Reporting Authority (NFRA), was established by the Central Government under Companies Act, 2013 in October 2018 with the objective of driving systemic change in the Indian Financial Reporting System for Public Interest Entities (PIEs). NFRA was established as an independent regulator for accounting and auditing and has a responsibility to protect the public interest and the interests of investors, creditors and others associated with PIEs falling within its jurisdiction.