Accounts & Audit Daily
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Welcome to Taxmann.com | Newsletter – Reporting the Facts with Taxmann’s Analysis. Today's Edition Brings to You the latest in Accounting Standards to developments in the Companies Act.
1. ICAI releases revised edition of FAQs on the Limited Liability Partnership (LLP) Act, 2008
ICAI has released the revised edition of the FAQs on the Limited Liability Partnership (LLP) Act, 2008, updated in January 2025. This guide provides essential insights into the LLP framework, covering key amendments, LLP formation, governance, partner responsibilities, and financial disclosures. It also includes updates on compliance processes, LLP e-filing, and the transition to the MCA V3 portal, ensuring stakeholders are well-informed on the latest regulatory requirements.
2. ICAI releases the revised edition of FAQs on SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
ICAI has released the revised FAQ on SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), updated in January 2025. The guide provides clarity on key amendments to SEBI regulations, covering areas such as corporate governance, disclosure norms, and compliance procedures. It includes a new Compliance Calendar to help professionals track important deadlines and regulatory obligations.
ICAI releases revised edition of technical guide on Accounting for CSR Expenditures
ICAI has released the revised edition of the Technical Guide on Accounting for Expenditure on Corporate Social Responsibility (CSR) Activities, updated in January 2025. The guide provides comprehensive guidance on the recognition, measurement, and disclosure of CSR expenditures, ensuring compliance with legal requirements and transparency in financial reporting. It covers both cash and in-kind CSR activities, handling unspent CSR funds, and the importance of proper disclosure, making it an essential resource for Chartered Accountants and company management.
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