Companies must have audit trail of transactions from next financial year

Will also have to maintain edit log of changes made in books of accounts; experts say no firm will be able to delete an entry, will only be able rectify it

Ruchika Chitravanshi Business Standard New Delhi
financial planning, financial planner

In a move designed to improve transparency in financial reporting and prevent tampering of accounting entries, the Ministry of Corporate Affairs has made it mandatory for companies to ensure that thei

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First Published: Mar 15 2023 | 6:53 PM IST

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