Search For "financial statements"
MCA disqualifies more than 2 lakh directors of shell companies within 15 d
Updated : 8 years, 5 months ago IST
New Delhi [India] ,Oct 3 (ANI): In another crackdown on shell companies, Ministry of Corporate Affairs (MCA) has disqualified more than two lakh directors of shell companies within a span of 15 days, for not filing their financial statements or annual returns for two straight years, violatin
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Are your internal financial controls in control?
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov 21 (ANI-BusinessWireIndia): The new Companies Act, 2013, now requires auditors to also opine on whether a company has an adequate internal financial controls (IFC) system in place and the operating effectiveness of such controls. This is in addition to the existing aud
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Tata Steel responds to BSE, NSE on 18-billion dollar 'write-down'
Updated : 8 years, 6 months ago IST
Mumbai (Maharashtra) [India], Oct. 27 (ANI): With the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) seeking clarification from various listed companies of Tata Group about purported disclosure by ousted chairman Cyrus Mistry about 18-billion dollar possible write-down at thes
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Reserve Bank expecting only first cut reporting from banks, says ED, RBI
Updated : 8 years, 6 months ago IST
New Delhi [India], Oct 7 (ANI): The Reserve Bank of India (RBI) is expecting a rough, first cut reporting from banks vis-a-vis proforma Ind AS (Indian Accounting Standards) financial statements for the half year ending September by November 30 to ascertain the difficulties and problems faced
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