Dematerialisation of securities of Private Limited Companies
Recently, by way of a notification dated 27 October 2023 (Amendment), the Ministry of Corporate Affairs (MCA) amended the Companies (Prospectus and Allotment of Securities) Rules, 2014 (PAS Rules), inserting a new rule[1], to require every private company (other than small company and government company) (Private Company) to dematerialise all its securities, issue securities only […]
How to Analyse Income Statement: Tips and Recommendations
In the intricate world of finance, mastering the art of interpreting financial statements is a crucial skill for investors, analysts, and business leaders alike. Among the trio of financial statements (including the balance sheet and cash flow statement), the income statement is a dynamic snapshot of a company’s performance over a specific period. Analyzing this […]
Financial Controller vs. CFO: 6 Key Differences
Business operations, regardless of their size, require financial management. While small businesses initially rely on accountants for financial insights, a dedicated professional is required to take charge of financial affairs after the business hits considerable growth numbers. This is precisely where Chief Financial Officers (CFOs) and Finance Controllers step in. Although both CFOs and Financial […]