Saturday, September 15, 2012

SEBI ISSUES CIRCULAR ON MANNER OF DEALING WITH AUDIT REPORTS FILED BY LISTED COMPANIES

The Listed companies shall now be required to submit the following forms, as may be applicable,
along with copies of annual reports submitted to stock exchanges:


  • Form A: Unqualified/Matter of Emphasis Report
  • Form B: Qualified/Subject To/Except For Audit Report

The format of Form A and Form B is given in the Annexure to this circular as part of the
amendments to Equity Listing Agreement. These forms shall be signed by the a) Chief Executive
Officer / Managing Director, b) Chief Financial Officer, c) Auditor and d) Chairman of the Audit
Committee. The information submitted as per these forms shall also draw attention to relevant
notes in the annual financial statements, management's response to qualifications in the 
Directors' report and comments of the Board/Chair of the Audit Committee.

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