AN ANALYTICAL STUDY OF FINANCIAL REPORTING PRACTICES OF SELECTED FMCG COMPANIES IN INDIA

Prof. Sunil B. Trivedi; Prof. (Dr.) Kapil K. Dave

Volume : VI, Issue : V, May - 2016

AN ANALYTICAL STUDY OF FINANCIAL REPORTING PRACTICES OF SELECTED FMCG COMPANIES IN INDIA

Prof. Sunil B. Trivedi, Prof. Dr. Kapil K. Dave,

Abstract :

Corporate financial reporting practices of the different countries are different and also nature of the same even in India is distinctive to each corporate entity to another. Here, in this research paper researchers have tried to compare disclosure practices of selected FMCG companies in India only. Fast Moving Consumer Goods (FMCG) Sector is largest second sector in India. In this study there is a significant difference among the selected companies regarding Corporate Financial Reporting Practices. Reporting is of two kinds one is mandatory and other is voluntary. There may be no significant difference regarding Mandatory reporting but there is significant difference regarding voluntary reporting