The National Financial Reporting Authority (NFRA) has reorganized itself into four specialized functional divisions covering monitoring, oversight, investigation, and disciplinary actions. The move follows a Delhi High Court judgment on NFRA’s authority, and is designed to strengthen operational independence between its units while sharpening enforcement in financial reporting.
Companies are increasingly leaning on “net worth” to blur the impact of financial discrepancies that must be disclosed to investors. While firms argue it cushions negative readings, experts say the practice is misleading and investor-unfriendly. Regulators may need to step in, the warning goes, to prevent metric swapping from undermining transparent reporting.
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