HALF YEARLY DISCLOSURE RULE INVESTOR FRIENDLY

Market regulator Securities and Exchange Board of India's (SEBI) latest decision to mandate disclosure of balance sheets by companies on a half-yearly basis is being viewed as a precursor for listed companies to mandatory disclose their cash flow statements. Auditors said that move will improve transparency by giving investors a better picture of the financial health of the company. The two half yearly balance sheets may not be exhaustive, compared to the one provided to the investors at the end of the year. But using the two balance sheets, an investor will be able to work out the cash flow details of the company.