The Council of the Institute of Chartered Accountants of India, at its 226th meeting, held in July 2002, constituted the Financial Reporting Review Board (FRRB) as its non-standing committee.

• CA. Hans Raj Chugh, Chairman
• CA. Kemisha Soni, Vice-Chairperson

• Significant Achievement
  • Cases reviewed during the year
  • Partner in Nation Building- Supporting Regulators
  • Status of review of cases referred by Regulators

More..

• Seminars/Conferences/Workshops/Webinars:
  • Awareness Programme on Financial Reporting Practices at Sivakasi, organised by FRRB on June 25, 2022. This programme was well attended by 35 participants
  • Awareness Programme on Financial Reporting Practices at Chengalpattu (via webcast), organised by FRRB on June 23, 2022. This programme was well attended by 436 participants
  • Awareness Programme on Financial Reporting Practices at Bhopal, organised by FRRB on June 18, 2022. This programme was well attended by 154 participants
  • Awareness programme on Financial Reporting Practices at Ratlam organised by FRRB on June 17 ,2022. This programme was well attended by 37 participants
  • Awareness programme on Financial Reporting Practices at Surat, organised by FRRB on June 11th, 2022. This programme was well attended by 117 participants
  • Awareness programme on Financial Reporting Practices at Jabalpur, organized by FRRB on May 28, 2022. This programme was well attended by 147 participants
  • 2 Day Training Programme for Technical Reviewers and FRRG Members at Mumbai, organized by FRRB on May 12-13, 2022. This programme was well attended by 51 participants
  • Workshop on Financial Reporting Practices at Goa, organised by FRRB on April 23rd , 2022. This programme was well attended by 101 participants
  • Awareness Programme on Financial Reporting Practices at Sonepat organised by FRRB on May 1st ,2022. This programme was well attended by 107 participants
  • Awareness Programme on Financial Reporting Practices at NIRC, Delhi organised by FRRB on April 9, 2022. This programme was well attended by 63 participants
  • NISM-FRRB Webinar on Expectations from Listed Companies on Financial Reporting Organized & Hosted by National Institute of Securities Markets (NISM) & Financial Reporting Review Board of ICAI on September 1, 2021
  • Seminar on “Commonly observed errors in Financial Statements with respect to Accounting Standard” at Rajkot was organized by FRRB on January 16, 2021. This programme was well attended by 116 participants.
  • Seminar on Commonly found Non-compliance on Accounting Standards in Schedule II and III of Companies at Gandhidham was held on January 17, 2021. This programme was attended by 44 participants.
  • “Seminar on Financial Reporting: Aspects and Analysis” On 20th December, 2020 was organized by FRRB and hosted by Bhubaneswar Branch of EIRC of ICAI. The programme was attended by more than 100 participants.
  • One Day Seminar on CARO – 2020 has been organised at Sivakasi Branch of SIRC of ICAI on March 7, 2020 and was attended by 53 members.
  • “Virtual CPE Meeting on Financial Reporting – Aspects and Analysis”, was organized by FRRB on 20thDecember, 2020 from 11:00 AM to 06:00 PM and hosted by WIRC of ICAI. This programme was well attended by more than 280 participants.
  • A webinar on ‘’Commonly Observed Errors in Application of Accounting Standards’’ has been conducted jointly with ASB on 15-18 June 2020, to enhance the knowledge of members of the ICAI regarding application of Accounting Standards (IGAAP).

Archives..

• Recording of Live Webcasts organised by FRRB
  • https://live.icai.org/frrb/- "First Ever 2 Day Webinar on Commonly found Non-Compliances of Financial Reporting Requirements observed in Financial Statements prepared under Ind AS framework" on 6th November, 2020 (02:00PM to 5:00 PM) and 7th November, 2020 (11:00 AM to 02:00 PM)
  • Commonly found Non-compliances of AS 13: Accounting for Investments and AS 26: Intangible Assets on November 29, 2019 (Friday (4.00 P.M to 6.00 P.M), ICAI Bhawan, Jaipur)
  • ‘Commonly found Non-compliances of AS 11 ( The Effects of Changes in Foreign Exchange Rates) and AS 20 (Earnings Per Share)’on -22 October, 2019 (Tuesday (4.00 PM to 6.00 PM), ICAI Bhwan, Kolkata)
  • 'Commonly Found Non-compliances of AS 5 (Net Profit or Loss for the Period, Prior Period items and changes in Accounting Policies) and AS 9 (Revenue Recognition) on -27 September, 2019 (Friday (4.00 PM to 6.00 PM), ICAI Bhwan, Indore)
  • Commonly Found Non-compliances of CARO, 2016 on 28 August, 2019 (Wednesday (4.00 PM to 6.00 PM), ICAI Bhwan, Kolkata)
  • Commonly found Non-compliances of AS - 22 (Accounting for Taxes on Income) on 26 July, 2019 (Friday (4.00 PM to 6.00 PM), ICAI Bhwan, Jaipur)
  • "Commonly found Non-Compliance of Schedule II & III of Companies Act 2013 " -on 20 June 2019 (Thursday (04:00 PM to 06:00 PM) ITO, Delhi
  • "Commonly Found Non- compliance of AS-18 and AS-2" - on 24th May, 2019 (Friday) (04:00 PM to 06:00 PM) ICAI Bhawan, ITO, New Delhi
  • "Commonly found Non-compliances of AS-3 (Cash flow Statements)" -on 24th April, 2019 (Wednesday)(04:00 PM to 06:00 PM) BKC office of the ICAI, Mumbai
  • "Commonly found Non-compliances of AS-15 (Employee Benefits)" -on 29th March, 2019 (Friday)(04:00 PM to 06:00 PM) BKC office of the ICAI, Mumbai

• Knowledge Sharing
  • Study on Compliance of Financial Reporting Requirements (Ind AS Framework) Volume II
  • Study on Compliance of Financial Reporting Requirements (IND AS Framework)
  • Study on Compliance of Financial Reporting Requirements Volume III
  • Study on Compliance of Financial Reporting Requirements Volume II
  • Study on Compliance of Financial Reporting Requirements
  • Articles in Journal 'The Chartered Accountants'
  • Empanelment Form for Technical Reviewers
  • FAQ about the Financial Reporting Review Board