Both listed and unlisted entities are also roping in external agencies for establishing internal investigation teams, according to experts.

RBI today said it has recommended a road map to the Ministry of Corporate Affairs for implementation of Indian Accounting Standards (Ind-AS...

The new standards, called Ind-AS, would need companies to make changes in the way they account for revenue and tax.

The government today notified new accounting standards for computation of business income, which will ensure consistency and help minimise ...

Regulations will allow multi-disciplinary partnerships operational in India so that audit, accounting, tax, legal and other related service...

The Corporate Affairs Ministry has made new amendments to rules under the Companies Act, 2013 -- whose most provisions came into force from...

The ministry had announced the Ind AS roadmap. Banking, insurance and non-banking finance companies are exempted from the roadmap.

Exemption was needed since subsidiaries that are incorporated outside India are required to follow the financial reporting frameworks appli...

Jaitley said "oppressive provisions" have been removed as it was felt "no body will come here to set up business if such an environment per...

Amendments seeks to partly align provision of Cos Act with that of Sebi norms but in some other aspects, it has sought to provide greater r...

The changes have been made through the Companies (Appointment and Qualification of Directors) Amendment Rules, 2014, according to the Corpo...

With the latest changes, requirement to adjust difference directly to opening balance of retained earnings has now been made optional.

The country's power sector is facing tough times mainly on account of coal shortages, which is hurting electricity generation at various pl...

The latest amendments to related party transaction norms are "significant" and would help reduce practical difficulties faced by companies,...

The government clarified "related party" refers to those who have interest in arrangement for which special resolution is passed.

Absence of independent directors leads to violation of Clause 49, may delay results.

Despite apprehensions about companies conforming to IFRS when declaring their earnings, experts in the field of merger and acquisition feel...