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CEFRG is the result of many years of painstaking contemplation and consultations with several key stakeholders in the field of financial reporting & governance. These mainly included the independent auditors and independent directors in India and overseas.

CEFRG – pronounced as sifric – (like IFRIC) – is a limited liability company registered under the Indian Companies Act 2013 (previously Companies Act, 1956) as Center for Examining Financial Reporting & Governance (India) Private Limited with registration number 062803 and CIN No. U74900KA2012PTC062803. Its registered office and its technology support teams are based in Bangalore. It has its research and executive teams in Delhi, Noida and Cochin.


CEFRG is founded by four accounting professionals with vast experiences both in India and overseas and a variety of skills and capabilities. They have a combined experience of over one hundred years in the profession as well as the know-how of running very large (Big 4s) and smaller firms. They are supported by a competent team of technology professionals, professional trainers, capable managers and research associates.

Mr. V.V. Ranganathan, is a professionally qualified accountant and was formerly a senior partner with one of the Big 4 professional services firms specializing in assurance & advisory services with over 40 year of experience in India and overseas. He was the country head for quality & risk management for the firm with a portfolio of marquee clients in India and overseas. He has written extensively on the role of independent directors and about governance matters. He was also the country leader for strategic growth markets of that firm and in that capacity has interacted extensively with a more than 200 entrepreneurs around the world. He was also on the governing council of the firm and the remuneration committee to determine partner remunerations. He is a published author of two well acclaimed books with reviews from prominent people. He is associated with a number of social enterprises as well on the board of companies as an Independent Director. More about him on www.vvranganathan.com

Mr. A. Gopalakrishnan, is a practicing CA with over 35 years of experience in the assurance and consulting services with considerable insight on the mechanisms of smaller professional services firm. He is active in the professional bodies and is currently an independent director on the board of public sector companies. His perspectives on the small and medium sized professional firms and his clarity and advocacy on the role of these smaller firms in nation building are indeed strong.

Mr. Amitabh Singh, is a CA with over 20 years of experience in a variety of tax advisory services and was until recently a senior partner of one of the Big 4 professional services firms heading the Human Capital Practice. His portfolio of clients included some marquee companies in India and overseas. He specializes in Direct Taxes. He was a member of the governing council of the firm as well as the partner remuneration committee. He is regular writer of lucid articles on tax matters in the financial newspapers. He is currently engaged in skill development and training of accounting professionals.

Mr. Sridhar Natarajan, a CA and is currently the Chief Financial Officer of a large Investment Bank overseas. He worked in the assurance practices, both in India and overseas, at Ernst & Young, Deloitte & KPMG and has a deep understanding of the nuances of attest functions. He is spearheading the development of CEFRG Audit Methodology & various audit tools for use by small and medium sized audit firms.