NFRA Publishes Fresh Provisional List of Audit Firms With Missing or Incomplete NFRA-2 for 2024-25

What has changed

The National Financial Reporting Authority has published a fresh provisional list of audit firms that had either not filed or had filed incomplete Form NFRA-2 for the reporting period 2024-25. The list reflects NFRA's position as on 15 August 2026 and was published on 17 August 2026.

What NFRA has published

NFRA's latest compliance update specifically identifies audit firms with an apparent gap in Form NFRA-2 filing for the 2024-25 reporting period. The regulator has labelled the list provisional, which is important because firms should verify their own filing records and status rather than assume the list is a final determination.

The fresh publication follows an earlier provisional list for the same 2024-25 reporting period that showed the position as on 30 April 2026. The August update therefore gives audit firms a more current compliance checkpoint.

Why Form NFRA-2 matters

Form NFRA-2 is the annual return used by auditors falling within NFRA's reporting framework. NFRA maintains a dedicated NFRA-2 e-form facility on its official website, and the regulator's publication of non-filer or incomplete-filer lists makes filing completeness an immediate compliance issue for affected firms.

What audit firms should check now

- Confirm whether the firm's name appears in the provisional list published by NFRA.

- Reconcile the firm's own filing acknowledgement and submitted particulars for the 2024-25 reporting period.

- If a filing was made, verify that it was complete and that there is no unresolved discrepancy in the submission.

- Use NFRA's official NFRA-2 facility and official contact channels for any required corrective or follow-up action.

Because the publication is provisional, firms should avoid treating inclusion or omission as the only evidence of compliance. The safest course is to reconcile internal records against the regulator's current position.

Practical takeaway for CAs and audit firms

The August 17 publication is a current compliance signal from NFRA. Audit firms within NFRA's reporting scope should promptly check the updated list and independently verify that their Form NFRA-2 filing for 2024-25 is complete and correctly reflected in their records.

Useful official links

NFRA Provisional List for Form NFRA-2 — Reporting Period 2024-25

Key takeaway

A fresh NFRA compliance publication directly affects audit firms and statutory auditors and creates immediate need to verify filing status.