books of accounts, f.s, appt of auditors
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Companies Act 2013
Provisions of Audit, Accounts & Share Capital
Companies Act 2013 vs.
Companies Act 1956
PREPARATION OF ACCOUNTS &
FINANCIAL STATEMENTS
PREPARATION OF ACCOUNTS &
FINANCIAL STATEMENTS
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Books of Accounts
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Books of Accounts
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Books of Accounts
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Books of Accounts
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Books of Accounts
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Period for which Books of Accounts
to be kept
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Re-opening of Accounts {s 130 not notified yet}
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Voluntary Revision of Financial
Statement{S 131, yet to be notified}
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Voluntary Revision of Financial
Statement{s 131 not
notified yet}
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Voluntary Revision of Financial
Statement
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
National Financial Reporting
Authority{s 132 not notified yet}
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Format of Balance sheet & Profit & loss
Account
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Format of Balance sheet & Profit & loss
Account
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Signing of Financial
Statement
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Extension of Financial Year
Applicability of Accounting Standards
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
PREPARATION OF ACCOUNTS & FINANCIAL STATEMENT
Mode of sending Financial
Statement
Consolidation of AccountsConsolidation of Accounts
Consolidation of AccountsConsolidation of Accounts
Consolidation of Accounts
Explanation: - For the purposes of this sub-section, the word “subsidiary” shall include associate company and joint venture.
Consolidation of AccountsConsolidation of Accounts
Consolidation of Accounts
Consolidation of AccountsConsolidation of Accounts
Consolidation of Accounts
MCA Circular No. 8/ 2014 dated 04.04.2014MCA Circular No. 8/ 2014 dated 04.04.2014
AUDITS & AUDITORS
AUDITS & AUDITORS
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Appointment of First Auditors
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Appointment of Auditors other
than First Auditor
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Appointment of Auditors
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Appointment of Auditors on Casual
Vacancy
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Eligibility for Appointment of
Auditors
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Disqualification for Appointment
of Auditors
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Disqualification for Appointment
of Auditors
Provided that the members of a company may, by ordinary resolution, specify the number of companies beyond which the auditor or audit firm of a company shall not become auditor
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Disqualification for Appointment
of Auditors
Provided that the members of a company may, by ordinary resolution, specify the number of companies beyond which the auditor or audit firm of a company shall not become auditor
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Disqualification for Appointment
of Auditors
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Conditions for appointment
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Intimation to Registrar of Companies on
Appointment of Auditor
Rotation of Auditors
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Rotation of Auditors
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Rotation of Auditors
Explanation– For the purpose of rotation of auditors, break in term for a continuous period of 5 years would only be considered as fulfilling the requirement of eligibility.
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Rotation of Auditors
Explanation– For the purpose of rotation of auditors, break in term for a continuous period of 5 years would only be considered as fulfilling the requirement of eligibility.
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Rotation of Auditors
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Power & Duties of an Auditor
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Power & Duties of an Auditor
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Auditor not to provide certain
specified services
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Auditor not to provide certain
specified services
Provided that an auditor or audit firm who or which has been performing any non audit services on or before the commencement of this Act shall comply with the provisions of this section before the closure of the first financial year after the date of such commencement.
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Limits on appointment of
auditors
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Liability of Auditor
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Resignation of Auditor
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Appointment of firm as auditor
Auditor to attend general meeting
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Reading of Auditor Report
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Removal of the auditor before
expiry of his term
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Internal Audit
APPOINTMENT OF AUDITORAPPOINTMENT OF AUDITOR
Internal Control
Thanks
Arun Gupta
managing counsel
factum legal , advocates & solicitors
Tel : (O) 011-41066313 (M) 9810275571
www.factumlegal.com;
arun@factumlegal.com
Definiteness of purpose is the starting point of all achievements
Definiteness of purpose is the starting point of all achievements
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