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Shiv Nadar the CEO of HCL Enterprises performs all these functions and so does Suhasini at Fabmart. Levels Shiv Nadar and Suhasini are both managers of an enterprise. Shiv Nadar is the CEO of HCL and Suhasini is a branch manager at Fabmart. E-Choupal Smart Cards enable farmer identification to provide customised information on the E-Choupal website. The organisation structure of HCL Enterprises consists of two listed companies in India HCL Technologies and HCL Infosystems. But the finance...
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Nature and significance refers to the importance and characteristics of a particular event, transaction, or information that needs to be disclosed.
Individuals or entities involved in the event or transaction that has a significant impact on financial reporting are required to file nature and significance.
Nature and significance can be filled out by providing a detailed description of the event or transaction, its impact on financial reporting, and any relevant supporting documentation.
The purpose of nature and significance is to ensure transparency and disclosure of important information that can affect financial reporting and decision-making.
The information reported on nature and significance should include a detailed description of the event or transaction, its impact on financial reporting, and any relevant supporting documentation.
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