Corporate Reporting in India

REPORTING PRACTICE OF THE CORPORATE SECTOR IN INDIA fancied Lal & Sonia Lecturer in Commerce, Guest Faculty, Govt. Bikram College of Commerce, Patiala . Research Scholar, Dravidian University, Kuppum, AP. MA Economics Part II, Punjabi University, Patiala Abstract Disclosure is the communication of various exposit regarding the activities of the business which are to be disclosed either statutorily or otherwise, and it is to convey a true and fair cypher of the operating results and fiscal position to the users of financial reports. The study points push finished that the effective integrated describe cigaret only be achieved by a voluntary change in the corporate reportage philosophy. In order to achieve high standards of corporate reporting practices, internal pressures such as peers and market rivalry should be more effective than enforcement by regulating agencies. It is as well imperative that the regulators should expand their role and take effective measures to riddle the concepts of best practices in ushering an era of good corporate reporting. In this study an attempt has been made to analyze corporate reporting practices of Indian companies. The study indicates that the disclosure in corporate reporting is the highest in the public sector followed by private sector.

substructure Accountancy is a social force, the primary function of which is to help the administration of the economic activity of an enterprise. It has two fold phases: (i) criterion and arraying the economic data. (ii) Communicating the result of this process to the interested parties. The present moment phase is performed by means of Finance report, portraying the financial aspects of the activities over a certain period of time. Such training may be statutory or non-statutory. Disclosure can be defined as a process through which a business enterprise communicates with the external parties. According to the deputation on accounting concepts and standards, American... If you want to get a dependable essay, order it on our website: Ordercustompaper.com

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