https://www.taxtmi.com/news?id=1431 Finance minister warns against window dressing and urges accountants to prevent concealment of leverage and risk; advocates strong disclosure standards for complex financial instruments and systemically important entities to prevent regulatory arbitrage. He ties transparent, standardised accounting and robust corporate governance to stakeholder support and business resilience, and supports convergence with IFRS to ensure financial statements faithfully represent an entity's position and performance. en-us Wed, 05 Jan 2011 11:41:21 +0530 Wed, 05 Jan 2011 11:41:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1431 Finance minister warns against window dressing and urges accountants to prevent concealment of leverage and risk; advocates strong disclosure standards for complex financial instruments and systemically important entities to prevent regulatory arbitrage. He ties transparent, standardised accounting and robust corporate governance to stakeholder support and business resilience, and supports convergence with IFRS to ensure financial statements faithfully represent an entity's position and performance. News - Wed, 05 Jan 2011 11:41:21 +0530 https://www.taxtmi.com/news?id=1431