Transcription of Companies Act 2013: Consolidated Financial …
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Companies Act 2013: Consolidated Financial …
Companies Act 2013 : Consolidated Financial Reporting Gearing up for Consolidated Financial Reporting Call to action Identify subsidiaries, Relook for tax implications Put in place a CFS reporting Prepare Accounting and associates and JVs and which may arise due to function, as well as a Consolidation Manual along relook group structure CFS and other regulatory transition plan with Financial book close requirements procedures (FSCP). Manage multi-GAAP Identify and implement Prepare Consolidated Seek approval for CFS. reporting and prepare for systems and tools for CFS Financial statements (CFS) reports, including for India GAAP reporting reporting reports disclosures Key compliance requirements The Companies Act 2013 defines the term Financial statements to include balance sheet, profit and loss and cash flow statement.
Prepare for interim reporting. Preparing for Consolidating Financial. Statements. Assess the existing holding structure and realign group . structure in accordance with the Companies Act 2013
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