Accounting is treated as language of business, which communicates the financial results of an enterprise to different interested parties by means of financial statements. Accounting bodies have developed certain rules, which are to be followed by the accountants in the …

Equity shares are different from traditional investment products. Investment in equity is subject to market risks. The share prices may fluctuate based on the performance of the company and factors influencing the capital market. This paper highlights how well financial …

The accounting standard on financial instruments is not a simple exercise. If we take the global perspective into consideration, we find that both the US and international standard setters have written thousands of pages by way of interpretation and guidance …

Every company needs finance for its inception and functioning. It needs finance to raise its fixed and variable assets. Hence, the requirement may be for short term or for long term. The short term needs can be met through loans …

The term working capital refers to current assets, which may be defined as those, which are convertible into cash or equivalents within a period of one year and those which are required to meet day to day operations. The working …

Disclosure and Transparency is generally perceived to have a cardinal role in corporate governance. Indeed, increased disclosure requirements are a response to the corporate governance failures of large US firms such as Enron Corporation and Worldcom.This study attempts to investigate …

Today, perhaps, no country can have an isolated existence ignoring the global and international situation. The collapse of socialism in the Soviet Union, declining of communism in the East European countries and economic reforms undertaken by communist China by opening …