Category Archives: Guidance Note

SEBI Guidance Note on Board Evaluation

Guidance Note on Board Evaluation CIRCULAR SEBI/HO/CFD/CMD/CIR/P/2017/004 January 5, 2017 To All listed entities Sir / Madam, Sub: Guidance Note on Board Evaluation 1. The Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) contain broad provisions on Board Evaluation i.e. evaluation of the performance of: (i) the Board as… Read More »

Free Download Guidance Note on Audit of Consolidated Financial Statements (Revised 2016)

Guidance Note on Audit of Consolidated Financial Statements (Revised 2016) The Auditing and Assurance Standards Board of the Institute of Chartered Accountants of India, in 2003, had issued the Guidance Note on Audit of Consolidated Financial Statements to provide guidance to the members undertaking audits of consolidated financial statements. Since the issuance of this Guidance… Read More »

Guidance Note on Accounting for Real Estate Transactions

The Institute of Chartered Accountants of India Guidance Note on Accounting for Real Estate Transactions (for entities to whom Ind AS is applicable) 1. Objective and Scope Objective 1.1 The objective of this Guidance Note is to recommend the accounting treatment by entities dealing in ‘Real Estate’ as sellers or developers. The term ‘real estate’… Read More »

Guidance Note on CARO 2016

Guidance Note on CARO 2016 Guidance Note on Companies Auditor’s Report Order 2016 The Ministry of Corporate Affairs has issued the Companies (Auditor’s Report) Order, 2016 (CARO 2016) vide Order dated 29th March 2016. The Order would be applicable for audit of the financial statements for the period beginning on or after April 1, 2015.… Read More »

Guidance Note on Reporting on Fraud u/s 143(12) of Companies Act 2013

Guidance Note on Reporting on Fraud u/s 143(12) of Companies Act 2013 The Council of the Institute of Chartered Accountants of India at its 350th meeting held on February 10, 2016 approved the Revised Guidance Note on Reporting on Fraud under Section 143(12) of the Companies Act, 2013. For the benefit of the members, complete… Read More »

ICAI released Guidance Note on Accounting for Depreciation as per Schedule II to the Companies Act, 2013

Guidance Note on Accounting for Depreciation as per Schedule II to the Companies Act, 2013 Download Guidance Note on Accounting for Depreciation as per Schedule II to the Companies Act, 2013     Click to View Guidance Note on Accounting for Depreciation as per Schedule II to the Companies Act, 2013 – (11-12-2016)

Guidance Note on SS1 and SS2 ( Meetings of Board of Directors)

Guidance Note on SS1 and SS2   MEETINGS OF THE BOARD OF DIRECTORS The “Secretarial Standard on Meetings of the Board of Directors” (SS-1), formulated by the Secretarial Standards Board of the Institute of Company Secretaries of India (ICSI) and issued by the Council of the ICSI, has been approved by the Central Government. Adherence… Read More »