Audit Information

The complete set of financial statements comprises of the following:

• • Balance Sheet as at the end of the reporting period as at the end of the reporting period
• • Statement of Profit and Loss/Income (including Other Comprehensive Income for companies to whom Ind AS is applicable) ## and
• • Statement of Cash Flows#
• • Expenditure account for the reporting period
• • Statement of Changes in Equity (for Companies to whom Ind AS is applicable)
• • Notes forming the part of the financial statements, a summary of significant accounting policies, other explanatory information that may be required under relevant statutes

#The following companies are exempt from preparing a Statement of Cash Flows:

• One Person Company
• Small company (Thresholds increased in Nov, 2025 for Indian Private Companies)
• Dormant company
• A private company which is a start-up company

## Ind AS 118 is proposed on the lines of IFRS 18 which when effective, will introduce changes to the way information is presented in the Statement of P&L for Ind AS Companies.