Directors report

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What are the items to be included in Directors' report?

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Read section 217.apart from director responsiblity statment the items mentioned in sectin 217 should be included.

For more calrification read the annual report of the corporate

https://www.moneycontrol.com/annual-report/itc/directors-report/ITC

https://www.moneycontrol.com/india/stockmarket/pricechartquote/I

 

read provision and refer the above mentioned link……..

 

Regards

DIRECTORS’ RESPONSIBILITY STATEMENT (SECTION 217 (2AA)

The Board’s report shall also include a Directors’ Responsibility Statement, indicating

therein, —

(i) that in the preparation of the annual accounts, the applicable accounting standards

had been followed along with proper explanation relating to material departures;

(ii) that the directors had selected such accounting policies and applied them consistently

and made judgments and estimates that are reasonable and prudent so as to give a true

and fair view of the state of affairs of the company at the end of the financial year and of

the profit or loss of the company for that period;

(iii) that the directors had taken proper and sufficient care for the maintenance of

adequate accounting records in accordance with the provisions of this Act for

safeguarding the assets of the company and for preventing and detecting fraud and other

irregularities;

(iv) that the directors had prepared the annual accounts on a going concern basis.

(Section 217AA)

Hiiiii every body plz find below the attached copy of Format of Director Report


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