Listed entities are required to adhere to the highest quantum of compliance requirements in corporate reporting.

The Companies Act, 2013 (Act) and the rules made thereunder are probably the most comprehensive corporate law regulation announced in India.

Financial reporting is the language in which a business communicates with its stakeholders and Generally Accepted Accounting Principles (GAAP) is the grammar of this language.

Reporting in the current year of the pandemic will require business leaders to evaluate their corporate model and its future sustenance.