Article Posted date
07 April 2022
In this session of the Voices on Reporting webinar, some of the key updates that were discussed are as follows:
- Key implementation issues: Financial reporting matters e.g. Company Auditor’s Report Order (CARO) 2020, Schedule III requirements, etc.
- Financial reporting in uncertain times: Potential accounting and disclosure implications for companies as a result of global economic uncertainty
- Key amendments to Ind AS: These amendments are applicable for accounting periods beginning on or after 1 April 2022
- Related party disclosures: Provisions and clarification from SEBI and other regulatory updates
- Climate related disclosures: Potential impacts of the climate-related matters on an entity’s financial statements including International updates relating to climate-related disclosures and disclosure of sustainability related financial information.
