The book contains nuances of Financial Reporting under Consolidation of financial statements of parent, subsidiaries, associates and joint arrangements, explains the basic concepts and goes on to advanced topics related to the subject. It also delves deep into the related local GAAP and Indian Accounting Standards as converged to IFRS

With the promulgation of the new Companies Act 2013 in India, there has been a plethora of changes in Rules in the field of Financial Reporting, auditing, cost audit and cost accounting. On top of this there has been a tectonic shift in Financial Reporting with the advent of The Ind ASs which have recently been notified by Ministry of Corporate Affairs with an implementation roadmap. Through this handbook an attempt has been made to bring together all the relevant Rules read with the Companies Act 2013 and glossary of Accounting, Auditing, Cost audit & Cost Accounting and Secretarial...

We know on the backdrop of corporate scandals like Enron, World Com in the US and Satyam in India, Corporate Governance and stringent controls have come to be the order of the day. Board room failures, questionable banking practices, conflict of interest with auditors, insider trading etc has emphatically underscored the need for a strong and robust Corporate Governance model. Since the advent of Cadbury Committee report under the leadership of Sir Adrian Cadbury in the UK in the Nineties and implementation of Sarbanes Oxley Act in the US, the incidence of Corporate Governance has come a long...