(b) the composition of an organization’s Board of Administrators shall be considered being managed by Yet another company if that other enterprise by physical exercise of some electric power exercisable by it at its discretion can appoint or take away all or even a majority of the administrators;
.—For your applications of this portion, besides the place the context otherwise necessitates, any reference for the fiscal assertion shall incorporate any notes annexed to or forming Portion of such fiscal assertion, providing information and facts required to be supplied and permitted to be supplied in the shape of these kinds of notes less than this Act.
Those two oil fields will sign up for a third US super-big oil area—the Permian Basin in Texas, which surpassed one million bpd back again in 2011—and become Element of an elite group of only ten oil fields globally to at any time create for the a million bpd degree.
1. Where compliance with the necessities with the Act which includes Accounting Specifications as relevant to the companies need any change in procedure or disclosure which include addition, amendment, substitution or deletion in The top or sub-head or any improvements, inter se, while in the economical statements or statements forming section thereof, the exact same shall be manufactured and the requirements of this Schedule shall stand modified accordingly.
Cash stream statement shall be prepared, where applicable, in accordance with the necessities on the applicable Indian Accounting Regular.
(v) particulars of any redeemed bonds or debentures which the corporate has energy to reissue shall be disclosed;
A reconciliation with the gross and Web carrying amounts of Every single course of belongings at the start and conclude of your reporting period displaying additions, disposals, acquisitions by way of business enterprise combos, quantity of modify resulting from revaluation (if change is ten% or maybe more inside the mixture of The web carrying worth of Just about every course of intangible belongings) and various changes plus the linked amortization and impairment losses or reversals shall be disclosed individually.
We must change our thinking, in Entire world Financial institution financial Branko Milanovic's words, "from proletarians to migrants." The important thing difficulty likely ahead just isn't how the income will likely be divvied up inside abundant international locations.
# related information and facts shall be supplied the place no due day of payment is laid out in that situation disclosure shall be from the date on the transaction.
(j) conditions of any securities convertible into equity shares issued together with the earliest day of conversion in descending order starting from the farthest such date;
3. The disclosure prerequisites specified in this Program are Besides and never in substitution of your disclosure needs laid out in the Indian Accounting Specifications.
as that of its have which shall even be laid ahead of the yearly normal Assembly of the corporate combined with the laying of its fiscal statement under sub-portion (
Notice:—This Section of Agenda sets out the minimum amount requirements for disclosure around the encounter in the Balance Sheet, as well as the Statement of Profit and Loss (hereinafter referred to as “Financial Statements” for the goal of this Plan) and Notes. Line goods, sub-line merchandise and sub-totals shall be offered as an addition or substitution on the encounter from the Monetary Statements when such presentation is relevant to click here an idea of the company’s financial position or performance or to cater to field/sector-precise disclosure needs or when needed for compliance with the amendments to the businesses Act or underneath the Accounting Criteria.
Kevin Roose, Ny magazine: Palms down, the most beneficial economic story of 2013 was the David-and-Goliath tale on the 28-calendar year-old UMass Amherst grad pupil, Thomas Herndon, who debunked a popular review by two Harvard professors Carmen Reinhart and Ken Rogoff. Herndon's paper confirmed that Reinhart and Rogoff experienced built a basic math blunder and so wrongly claimed that a country's progress fell off sharply the moment its personal debt-to-GDP load achieved ninety %—a declare that was borrowed by conservatives all over the world to argue for presidency expending cuts.