Voices on Reporting – Webinar

Voices on Reporting – Webinar

In this session of our Voices on Reporting webinar, we covered key financial reporting and regulatory matters that are expected to be relevant for stakeholders for the quarter ended 30 September 2017.

1000
vor-quarterly-update-webinar

KPMG in India is pleased to present Voices on Reporting – a monthly series of knowledge sharing calls to discuss current and emerging issues relating to financial reporting.

In this session of our Voices on Reporting webinar, we covered key financial reporting and regulatory matters that are expected to be relevant for stakeholders for the quarter ended 30 September 2017.

The session included key updates from the Ministry of Corporate Affairs (MCA), the Institute of Chartered Accountants of India (ICAI) and the Securities and Exchange Board of India (SEBI). Some of the recent emerging issues on which we provided an update are as follows:

  • Updates on recent Ind AS Transition Facilitation Group (ITFG) Bulletins
  • Key points from the Guidance Note on Division II – Ind AS Schedule III to the Companies Act, 2013 (2013 Act) issued by ICAI
  • Restriction on the number of layers for certain classes of holding companies
  • Clarifications in relation to internal financial controls for certain private companies by MCA
  • Amendments to certain provisions relating to independent directors under the 2013 Act issued by MCA
  • Revised eligibility conditions under Rule 19(7) of the Securities Contracts (Regulation) Rules, 1957 for companies seeking listing of its equity shares acquired under a scheme of arrangement without making an initial public offer
  • Mandatory disclosure of defaults on repayment of loans from banks by listed entities.

 

Downloads:

Slidedeck - October 2017 (PDF, 631 KB)

 

© 2024 KPMG Assurance and Consulting Services LLP, an Indian Limited Liability Partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

KPMG (Registered) (a partnership firm with Registration No. BA- 62445) converted into KPMG Assurance and Consulting Services LLP (a Limited Liability partnership firm) with LLP Registration No. AAT-0367 with effect from July 23, 2020.

For more detail about the structure of the KPMG global organization please visit https://kpmg.com/governance.

Connect with us

Stay up to date with what matters to you

Gain access to personalized content based on your interests by signing up today