Accounts Articles
The importance of Accounting
Aisha 05 January 2008 at 17:27The Importance of Accountancy Asish K Bhattacharyya Initially,when I started to teach at a reputed business school, I was dismayed bythe fact that an average MBA student who does not want to specialise inFinance is quite happy if she can obtain a
Accounting savvy a ticket to the world
CA Nikita 10 October 2007 at 18:48Now with Engineers Without Borders, Malcolm McArthurchose a profession that took him from Kabul to the streets of Rio deJaneiroFunny, that a man with a mind for mathematics should end up living his life guided by serendipitous signs.Thefirst sign cam
Accounting for Employee Stock Option Plan [ESOP]
CA. Rayan Sequeira 06 October 2007 at 16:15Securities and Exchange Board of India issued ESOP guidelines in 1999. The idea behind this was to reward and motivate employees for their commitment and hard work. SEBI defines employee stock options as ¡§option given to the whole-time directors, of
Win or Loose The option is Your's
CA. Rayan Sequeira 06 October 2007 at 16:15The turnaround in the Indian economy has paved way for new & sophisticated Financial instruments to mark their arrival on the scene, thereby broadening the "Investors' Basket". In the year 2000, the Indian capital markets welcomed one of such ins
Exposure draft on AS 12
CA. Rayan Sequeira 06 October 2007 at 16:15The Institute of Chartered Accountants of India (ICAI) has come up with the exposure draft on AS 12(revised). AS 12 (exposure draft) deals with accounting for Government grants and disclosure of Government assistance. AS 12 deals with the accounting
Accounting as a "Language of Business"
CA. Rayan Sequeira 06 October 2007 at 14:15Accounting as a "Language of Business" communicates the financial results of an enterprise to various users. It is pertinent that in order to evaluate the financial results of the enterprise one has to compare the financial status of an entity with
AS 28 impact on OIL & GAS companies
CA Nikita 04 October 2007 at 01:12D MuraliEven as the field personnel of oil andgas (O&G) companies continue to battle with many complexities toget us the fuel, their accounting colleagues are toiling with adifferent difficulty: how to apply the Accounting Standard on assetimpair
Sweeping away GAAP
CA Nikita 02 October 2007 at 14:17Sweeping Away GAAPFASB's Herz calls for a national plan to wean U.S. companies from their current rules-based accounting system.Marie Leone, CFO.comOctober 01, 2007At an industry conference Friday morning, Financial Accounting Standards Board chairma
AS 17 likely to change with convergence
riya 01 October 2007 at 03:59Dolphy D'Souza The Institute of Chartered Accountants of India (ICAI) recently decidedthat Indian Accounting Standards will be fully in line with the IFRS(International Financial Reporting Standards) from April 1, 2011. Thechange from Indian GAAP (Ge
Accountant Malpractice Lawsuits - Collection Tool for Lenders?
riya 30 September 2007 at 22:20Accountant Malpractice Lawsuits - Collection Tool forLenders?By Grusd, Neville Lenders occasionally sue accountants for malpractice.This generally occurs when the lender suffers a lossand claims that the advances were made in reliance onincorre
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