SEBI has revamped its committee on disclosures and accounting standards that advises the market regulator on matters related to disclosure requirements and accounting practices for various market participants. The 17-member expert panel is being chaired by Tata Sons' Director-Finance Ishaat Hussain, while other members include Wipro CFO and Executive Director Suresh Senapaty and NSE Managing Director & CEO Chitra Ramkrishna, Comptroller & Auditor General of India Director General AB K P Sasidharan and ICAI's S Santhanakrishnan. Moreover, the expert panel includes representatives from SEBI, finance ministry as well as corporate affairs ministry. The committee was set up in 2006, under the chairmanship of noted chartered accountant Y H Malegam. The expert committee was mandated to suggest ways to SEBI for improving disclosure framework for listed companies and accounting practices of various market entities.
News On AIR | April 4, 2014 9:22 AM
SEBI revamps committee on disclosure and accounting standards