Sale Date Ended
Accounting & Audit issues have been impacted by virtue of the new Schedule II and Schedule III to the Companies Act,2013 and Companies ( Accounts) Rules , 2014. In particular , depreciation charge as per Schedule II is different from the erstwhile Schedule XIV. Consolidation requirements and disclosures are at variance with the Section 212 disclosures under the Companies Act,1956.
In addition, pay-performance disclosures in the Board’s Report of the listed company, related party disclosures , CSR disclosures , presentation of statement of changes in equity , componentization of assets are other critical areas of corporate financial reporting. Componentization of assets shall be effective from 1.4.2015.
* Book by Dr. T P Ghosh on Financial Reporting under The Companies Act 2013 published by Taxmann will be given complimentary as reading material.it focusses on accounting & audit issues extensively
11.00 – 13.00 hours
Depreciation and Amortization – Schedule II
Componentization of Assets
Corporate Social Responsibility contribution and disclosures – Schedule VII
14.00 – 15.30 hours