Latest Updates Around The World
Markets regulator Sebi has introduced a threshold-based framework to determine the materiality of related party transactions (RPTs), based on the annual consolidated turnover of the listed entity.The regulator also revised the thresholds for audit committee approval for RPTs conducted by subsidiaries and simplified disclosure requirements for smaller related party transactions. These new standards aim to […]
The quality of accounting has changed for Indian companies, especially those with access to public markets. Historically, accounting irregularities have been characterized by excessive debt and theft (excessive capital expenditures or acquisitions). However, corporate balance sheets have shown significant strengthening. The median net debt-to-equity ratio of highly leveraged companies (top 10 percentile) fell by about […]
