Catching up with Developments under Companies Act


Catching up with Developments under Companies Act

Some of the industry concerns pertaining to the Companies Act 2013 as well as Ind As and Income Computation and Disclosure Standards (ICDSs) were brought out by Shri Atanu Guha, CFO, Tata Petrodyne Ltd. while inaugurating a workshop on the subject at Mumbai on May 29, 2015.

Organised by PetroFed in knowledge partnership with KPMG, the workshop on subject ‘Companies Act 2013, Ind AS & ICDS : Catching up with Developments’ was intended to take stock of the significant developments till date and discuss the implementation issues that arose therefrom.

The Theme Address at the workshop was delivered by Shri Sai Venkateshwaran, Head, Accounting Advisory Services, KPMG India. He dwelt on the key issues which are currently of concern.

In the first technical session, Shri Kaushal Kishore, Partner in the Audit division of BSR & Co. dealt with the recent updates of the Companies Act 2013. He was assisted in the later half by Shri Ashish Bansal, Director, BSR & Co.

In the second technical session, the subject of Ind AS was comprehensively covered by KPMG, Partner, Shri Koosai Lehery.

The last technical session on Computation and Disclosure Standards (ICDSs) was tackled by Shri Dinesh Jangid, Director, KPMG.

There was intense floor participation throughout the workshop since there were several concerns on implementation which were agitating the industry members. The KPMG experts tackled all queries competently.

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