Specify the matters to be included in the Board's Report of one person company and small company as per the provisions of the Companies Act, 2013 and the Rules made thereunder.

Section 134 (3A) has empowered the Central Government to prescribe an abridged Board's report for one person company or small company. Further, rule 8A of the Companies (Accounts) Rules, 2014 prescribes the matters to be included in Board's Report for One Person Company and Small Company. The Board's Report of one person company and small company shall be prepared based on the standalone financial statement of the company, which shall be in the abridged form and contain the following: the web address, if any, where the annual return referred to in Sub-section (3) of Section 92 has been placed. number of meetings of the Board. directors' Responsibility Statement as referred to in Sub-section (5) of Section 134. details in respect of fraud reported by auditors under Sub-section (12) of Section 143 other than those which are reportable to the Central Government. explanations or comments by the Board on every qualification, reservation or adverse remark or disclaimer made by the auditor in his report. the state of affairs of the company. the financial summary or highlights. material changes from the date of closure of the financial year in the nature of business and their effect on the financial position of the company. the details of directors who were appointed or have resigned during the year. the details of significant material orders passed by the regulators or courts or tribunals impacting the going concern status and company's operations in future. The Report of the Board shall contain the particulars of contracts or arrangements with related parties referred to in Sub-section (1) of Section 188 in the Form No. AOC-2.