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Theme: Successive regulatory developments have revamped the business environment in India. Rapidly rising attention to the quality of governance in the country and the demand for accountability and responsibility in corporate behavior has rendered 'governance of corporations' a central item on the public policy agenda. In addition to the various successful initiatives of the Ministry of Corporate Affairs to uphold the integrity and productivity of the country's economy, the Ministry has consistently promoted competition and also facilitated alternative business models such as Limited Liability Partnership. The objective of the National Conclave is to understand the role of the Ministry as that of policymaker, enforcer, and overseer in the realm of corporate governance and encourage partnership with the corporates, professionals and other stakeholders. The objective is to initiate constructive discussion among the many constituencies affected by the multiple roles that government plays in 'corporate governance'. |
Welcome Address Mr Arun Maira Chairman, CII National Council on Corporate Governance and Regulatory Framework & Chairman, The Boston Consulting Group Speech Transcript |
Keynote AddressMr K N Shenoy Past President, CII & Chairman, Sobis Software (I) Pvt. Ltd Speech Transcript |
Inaugural Address by Chief Guest
Mr Jitesh Khosla Joint Secretary, Ministry of Corporate Affairs, Government of India Speech Transcript |
Concluding Remarks Mr. J. N. Amrolia Chairman, CII Corporate Governance Sub-Committee &, Executive Director - HR, Ashok Leyland Limited Speech Transcript |
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Theme: One of the major responsibilities of the board of directors is to ensure that shareholders and other stakeholders are provided with high-quality disclosures on the financial and operating results of the entity. The quality of financial disclosure depends significantly on the robustness of the financial reporting standards on the basis of which the financial information is prepared and reported. To ensure comparability of financial statements and to provide meaningful disclosures, the Ministry of Corporate Affairs has instituted the National Advisory Committee on Accounting Standards and based on its advice has prescribed 28 Accounting Standards till date for potent and transparent financial reporting by corporates. This session of the conclave would deliberate on recent trends in corporate disclosure practices and review the role and effectiveness of audit committees, internal controls and audit, risk management systems, audit processes. |
Session Chairman Mr Vinay L Deshpande Chairman & CEO, Encore Software Limited Speech Transcript |
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Address Mr Jitesh Khosla Joint Secretary, Ministry of Corporate Affairs, Government of India Speech Transcript |
Address Mr. Richard Rekhy Chief Operating Officer KPMG Speech Transcript Presentation |
Address Mr. Rostow Ravanan Chief Operating Officer KPMG Speech Transcript Presentation |
| Discussion and Closing Remarks by Session Chairman Mr Vinay L Deshpande Conclusion |