The regulatory updates publication issued by the Foundation for Audit Quality (FAQ) highlights
the latest developments in accounting, auditing and regulatory developments in India and
internationally. This edition covers some of the important updates on accounting and
regulatory matters and other discussion/consultation papers and publications for the period
from 1 November 2023 to 30 November 2023.
Regulatory updates for November 2023
The Securities and Exchange Board of India (SEBI), in its board meeting dated 25 November
2023 discussed the following key matters:
- Flexibility in the framework for Social Stock Exchange (SSE)
- Facilitation of small and medium REITs
-
Amendment to Alternative Investment Fund (AIF) regulations to facilitate ease of
compliance
Additionally, various publications have been released by the regulators during this month.
Some of these include:
- Exposure draft of Standards on Auditing for Limited Liability Partnerships (LLPs) by ICAI
- Report on Audit Quality Review (2022-23) by the Quality Review Board (QRB) of ICAI
-
Compilation of Agenda Decisions – Volume 9 by the IFRS Foundation
Discussion/Consultation papers and Publications
Download PDF for the month of November 2023
