Advertisement

HindustanTimes Sun,21 Sep 2014

Many holes in company disclosures

PTI  New Delhi, October 18, 2012
First Published: 21:43 IST(18/10/2012) | Last Updated: 21:44 IST(18/10/2012)

The Ministry of Corporate Affairs (MCA) has raised concerns about "misleading" inaccuracies in financial disclosures by some companies in filings made through the new reporting format. The MCA has flagged off the issue with representative bodies of chartered accountants, cost accountants and company secretaries.

Advertisement
Companies are now required to furnish financial statements in the extensible business reporting language (XBRL) format, replacing the PDF format.


Advertisement
more from Business

Alibaba's big debut: Here are the 10 things you want to know

China's e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public offering made history.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved