Violation of Accounting Principles.

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....iolation of Accounting Principles. <br>News and Press Release<br>Dated:- 6-9-2012<br><BR>Press Information Bureau Government of India Ministry of Corporate Affairs 06-September-2012 17:08 IST Viol....

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....ation of Accounting Principles The Government is aware that violation of accounting principles and financial irregularities are being carried out by various companies and their audit firms. During th....

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....e last three years, 316 companies and 73 audit firms were found guilty of violation of accounting principles and other financial irregularities for non-compliance of disclosure norms. Prosecutions hav....

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....e been filed against such companies and audit firms, under section 211 and section 227 read with section 233 respectively of the Companies Act, 1956 for such violations. This information was given by....

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.... Minister of State for Corporate Affairs Shri R.P.N. Singh in reply to a written question in the Lok Sabha today. ST<BR> News - Press release - PIB....