Guidance Note on Reports in Company Prospectuses (Revised 2019)
The Auditing and Assurance Standards Board (AASB) of ICAI had issued the “Guidance Note on Reports in Company Prospectuses” in 2006 to provide guidance to the members carrying out engagements to issue reports in prospectuses issued by companies.
The Guidance Note was revised by AASB in 2016 based on the provisions of the Companies Act 2013 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. In September 2018, SEBI revised the earlier regulations and issued the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 wherein number of changes vis-à-vis ICDR Regulations 2009 have been made.
Considering the numerous changes made by SEBI(ICDR) Regulations 2018, AASB of ICAI has brought out the revised edition of the ‘Guidance Note on Reports in Company Prospectuses’ to provide appropriate guidance to the members.
For details, https://resource.cdn.icai.org/53704aasb43145a.pdf
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