Corporate Social Responsibility

Corporate Social Responsibility by CA Kamal Garg is a comprehensive guide that delves into the evolving landscape of CSR in India. The book addresses the latest amendments under the Companies (Amendment) Act, 2020, and the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021. This edition also covers the introduction of the Business Responsibility and Sustainability Reporting (BRSR) framework by SEBI, emphasizing its significance for listed companies in disclosing their Environmental, Social, and Governance (ESG) performance.

Key Features:

• Detailed analysis of CSR provisions, including applicability, mandatory obligations, and disclosures in annual reports.
• Insight into SEBI's BRSR, replacing the earlier Business Responsibility Report (BRR), focusing on ESG metrics and aligning with global standards like GRI and TCFD.
• Understanding the responsibilities of auditors under Standards on Auditing (SA) and the Companies (Auditor's Report) Order (CARO).
• Case studies and practice pointers to aid in the application of CSR and BRSR principles.

This book is an essential resource for professionals, auditors, and students seeking to understand the intricacies of CSR and the emerging BRSR framework in India.

Chapter 1 Corporate Social Responsibility – An Introduction
Chapter 2 Evolution of Corporate Social Responsibility in India
Chapter 3 Corporate Social Responsibility under Companies Act, 2013 and disclosures in annual report
Chapter 4 CSR Impact Assessment
Chapter 5 Companies to which CSR Obligations are Applicable
Chapter 6 Mandatory CSR Obligations including CSR committee, Set off and Creation or Acquisition of CSR Capital Asset and disclosures in financial statements
Chapter 7 Report on Corporate Social Responsibility
Chapter 8 Mandatory CSR Spends
Chapter 9 CSR Amendment Rules, 2021 and Ind AS – the Interplay
Chapter 10 Auditor’s Responsibilities under SA and CARO
Chapter 11 Practice Pointer Illustrations on CSR
Chapter 12 CSR Spends Vis-a-Vis Charitable And Political Contributions Under Companies Act, 2013
Chapter 13 Computation of Net profits under section 198
Chapter 14 Business Responsibility sustainability reporting by Listed Companies
Chapter 15 CSR Governance Guidelines and CSR Audits
Annexure
A. Statutory provisions
B. Notification bringing into force section 135, w.e.f. 1-4-2014
C. Companies (Corporate Social Responsibility Policy) Rules, 2014
D. Schedule VII: Activities which may be included by Companies in their Corporate Social Responsibility Policies