Question

1. a. Explain the differences between corporate and government disclosure requirements,

Answer 1

The main difference between a corporate and government company is that the later one is more concerned with improving economic scenario while the corporate entities focus mainly on profit making.

This means the stakeholders for both the companies are different and may have different disclosure requirements.

Nature of compliances and various applicable laws, objectives of the company, business models etc govern the disclosure requirements for the corporate and government.