SEBI & Qualified Audits
Published on Wed, Jul 11,2012 | 17:01, Updated at Thu, Jul 12 at 08:23Source : Moneycontrol.com
With a view to strengthen the quality of financial reporting by listed companies in India, the Securities and Exchange Board of India (SEBI) in its board meeting dated June 26, 2012 has decided to set up a mechanism to review and process qualified audit reports filed by listed entities with stock exchanges. This KPMG report discusses how that mechanism will work and the implications for companies.
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