Articles by Nirmal Shah

Basics (Understanding and Analysis) of Depreciation under Schedule II of Companies Act, 2013

Posted by Nirmal Shah 12 August 2014 28531 Views

The Companies Bill 2011 was introduced in Parliament in December 2011 and was referred to the Parliamentary Standing Committee on Finance for its review and suggestions. Based on its Recommendations and suggestions, amendments were made to the Compa

Analysis on Discussion paper on Revision of Clause 41 of Equity Listing Agreement

Posted by Nirmal Shah 20 September 2013 10586 Views

The SCODA committee (SEBI Committee on Disclosures and Accounting Standards) reviewed Clause-41 of the Equity Listing Agreement and given some recommendations. These recommendations were open for public comments till September 13, 2013. Following

Analysis of Benefit through Press Release on ECB with accounting treatment under Para 46 / 46A of AS 11

Posted by Nirmal Shah 29 March 2013 28330 Views

Analysis of Benefit through Press Release on ECB with accounting treatment under Para 46 / 46A of AS 11 Press release for External Commercial Borrowings (ECB) is as below: External Commercial Borrowings (ECB): Repayment of Rupee loans A.P. (DI

Accounting Treatment of Forward Cover in Different scenario

Posted by Nirmal Shah 09 October 2012 185140 Views

In global scenario, import and export transactions are commonly used by every industry and these transactions are increasing day by day. In last couple of years, rupee and dollar exchange prices movement are drastically changed and due to

Analysis of Clarification issued by MCA Dated 9-8-2012

Posted by Nirmal Shah 01 September 2012 54786 Views

Accounting treatment of Foreign exchange fluctuation (Forex) is covered under various standards as follows: AS 10 - Forex on liabilities for FA purchase etc, AS 11 - Forex on Monetary items, forward cover forex, forex on Long term monetary items e