P.G. Department of Business Studies, Sardar Patel University, Vallabh Vidyanagar.
Changes, challenges, competition, crisis, and corporate governance are the main five Cs that are changing the world of accounts and accounting disclosure. It is discretionary to give non statutory information in the annual reports; it depends on the company's policy to disclose it. The present study intends to study the disclosure practices of a few Indian companies in case of non statutory information. It tries to find that which type of non-statutory information, Indian companies are providing and which information they are still not able to provide or do not like to provide. Annual reports of twenty companies have been selected randomly from the list of 400 companies have been their annual reports are thoroughly studied in respect to disclosure of non-statutory information (both accounting and non accounting). The study comes out with some interesting findings.
