The National Financial Reporting Authority (NFRA) and Indian Institute of Corporate Affairs (IICA) jointly launched the second four-month course for audit committee members/independent directors on 12 August 2025 at New Delhi.

In a significant step towards knowledge and capacity building in the area of corporate governance, the National Financial Reporting Authority (NFRA) and the Indian Institute of Corporate Affairs (IICA) had signed a Memorandum of Understanding (MoU) in October 2024.

This course has been the second in series launched as part of this MOU.

Under this MOU, the first course on “The Directors’ certification program for Audit Committee Members” was held between January 2025 to May 2025 and was attended by 79 participants. 

In view of good response and positive feedback about the program, the 2nd course has been organised under the leadership of Shri Gyaneshwar Kumar Singh, Director General & CEO, IICA in a virtual ceremony.

Shri Nitin Gupta, Chairperson, NFRA, while inaugurating the program highlighted the important role-played by the Independent Directors and the Audit committee members as guardians of financial integrity.