accountancy

Relationship between market value and book value of Major Indian Information Technology firms under pre and post IFRS

Many researches have been conducted on the effect of adoption of IFRS on value relevance of firms e.g. Mohd Halim and Zulkifli [2008], Ahmed and Goodwin [2006], Harris and Muller [1999], Bartov et al. [2005], Lin and Chen [2005], Horton and Serafeim [2006], Schiebel [2006], Niskanen et al. [2000] and Mohd Kadri et al. [2008]. Even though they have employed similar model [Ohlson, 1995], their results were not conclusive. In India, the effect of adoption of IFRS on value relevance of accounting numbers is still not known yet as the IFRS is not fully applicable.

Role of RRBS in Financial Inclusion Empirical Evidence from RRBS in Gujarat

Regional Rural Banks (RRBs) in India have been established to spread the banking amongst rural poor, based on the recommendation of various expert committees. RRBs have special role to play in spread of banking, now known as financial inclusion, in rural and semi urban areas to include the rural mass in banking network and thereby help them the rural poor, small and marginal farmers, artisans, agricultural labors, and even small entrepreneurs.

A STUDY OF RISK DISCLOSURE FOR FINANCIAL INSTRUMENTS AS PER INDIAN ACCOUNTING STANDARD 32 BY SELECT INDIAN BANKS

Since the existence of banks they are known to be major risk taking entities and therefore they are expected to release relevant risk-related information to the marketplace as part  a of good corporate governance, Banks in India are required to make risk disclosures in Annual Report under Basel II Accord from last 2-3 years. Indian AS 32 – Disclosure for Financial Instrument, same as IFRS 7 issued by Indian Accounting Standard Board, is made mandatory from 1-4-2011 for the most of the entities in India.