India's NFRA Pushes for Better Auditor-Committee Coordination

Imagine a company is like a big store, and auditors are like the checkers who make sure everything is counted correctly.

NFRA, the audit watchdog, wants the checkers to talk more with the store's managers (audit committees) who watch over everything.

This way, the checkers can ask more questions to make sure the store's reports are honest and correct.

They want to catch any problems early, like if the store thinks it will make more money in the future than it might.

This will make the store look trustworthy, so more people will want to invest in it.