https://www.taxtmi.com/news?id=4415 Amendments refine corporate governance and financial reporting: expand and clarify key managerial personnel; tighten promoter and private placement definitions to curb circumvention; strengthen auditor accountability by narrowing regulator jurisdiction to chartered accountants, linking penalties to fees and limiting partner liability to those involved in fraud; adjust auditor appointment and rotation rules; and make Corporate Social Responsibility spending mandatory by removing qualifying language. en-us Mon, 24 Dec 2012 10:35:32 +0530 Mon, 24 Dec 2012 10:35:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4415 Amendments refine corporate governance and financial reporting: expand and clarify key managerial personnel; tighten promoter and private placement definitions to curb circumvention; strengthen auditor accountability by narrowing regulator jurisdiction to chartered accountants, linking penalties to fees and limiting partner liability to those involved in fraud; adjust auditor appointment and rotation rules; and make Corporate Social Responsibility spending mandatory by removing qualifying language. News - Mon, 24 Dec 2012 10:35:32 +0530 https://www.taxtmi.com/news?id=4415