logging in or signing up Accounting Standards in India joetrichy Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 13802 Category: Business & Fin.. License: All Rights Reserved Like it (14) Dislike it (9) Added: April 06, 2009 This Presentation is Public Favorites: 3 Presentation Description No description available. Comments Posting comment... By: ashiquepottassery (9 month(s) ago) please send me sir Saving..... Post Reply Close Saving..... Edit Comment Close By: jeebrankhan (15 month(s) ago) sir plz allow us to download this ppt, we need some info for our college presentatioon Saving..... Post Reply Close By: joetrichy (15 month(s) ago) you send email id to me Saving..... Edit Comment Close By: vknksa (17 month(s) ago) please send me this file to vijayakumar.1980@gmail.com Saving..... Post Reply Close Saving..... Edit Comment Close By: kavithahih (18 month(s) ago) Kindly help me for download this presentation. Saving..... Post Reply Close Saving..... Edit Comment Close By: ilyasriyaz (20 month(s) ago) gud one Saving..... Post Reply Close Saving..... Edit Comment Close loading.... See all Premium member Presentation Transcript Accounting Standards in India : Accounting Standards in India Professionalism without Pragmatism? Joseph Anbarasu Which one is a Good Financial System? : Which one is a Good Financial System? How is that system spoiled? : How is that system spoiled? Sathyam Way of Enron : Sathyam Way of Enron Raju inflated the reported cash and bank balances of the company — whose name means trust in Sanskrit — by $1 billion (£660m), while overstating revenues and understating liabilities Satyam’s revenues had been overstated by 76% and profits by some 97%. The stated operating margin of 24% actually stood at 3%. “These things are never a one-man job,” said Robin Johnson, a partner at the law firm Eversheds. “It starts with a powerful guy bullying people into doing it. There must have been others who have kept quiet.” Monitoring Agencies : Monitoring Agencies Accounting Standards today : Accounting Standards today Business Organizations and Accounting Standards : Business Organizations and Accounting Standards Business Organizations and Accounting Standards : Business Organizations and Accounting Standards Business Organizations and Accounting Standards : Business Organizations and Accounting Standards Business Organizations and Accounting Standards : Business Organizations and Accounting Standards Business Organizations and Accounting Standards : Business Organizations and Accounting Standards Government Organizations and Accounting Standards : Government Organizations and Accounting Standards Government Organizations and Accounting Standards : Government Organizations and Accounting Standards Government Organizations and Accounting Standards : Government Organizations and Accounting Standards Government Organizations and Accounting Standards : Government Organizations and Accounting Standards Government Organizations and Accounting Standards : Government Organizations and Accounting Standards Why Harmonization? : Why Harmonization? Only one way : Only one way Till now, the Institute of Chartered Accountants of India (ICAI) has taken a position towards International Financial Reporting Standards (IFRS) and not towards GAAP. Different and Contradictory Practices Rule based Accounting Standard vs. Principle Based Standards Auditor’s Dilemma in judging a transaction Some Useful Links : Some Useful Links SAI, India: www.cag.gov.in Institute of Chartered Accountants of India: www.icai.org GASAB, India: www.gasab.gov.in International Federation of Accountants: www.ifac.org International Accounting Standards Board: www.iasb.org You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
Accounting Standards in India joetrichy Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 13802 Category: Business & Fin.. License: All Rights Reserved Like it (14) Dislike it (9) Added: April 06, 2009 This Presentation is Public Favorites: 3 Presentation Description No description available. Comments Posting comment... By: ashiquepottassery (9 month(s) ago) please send me sir Saving..... Post Reply Close Saving..... Edit Comment Close By: jeebrankhan (15 month(s) ago) sir plz allow us to download this ppt, we need some info for our college presentatioon Saving..... Post Reply Close By: joetrichy (15 month(s) ago) you send email id to me Saving..... Edit Comment Close By: vknksa (17 month(s) ago) please send me this file to vijayakumar.1980@gmail.com Saving..... Post Reply Close Saving..... Edit Comment Close By: kavithahih (18 month(s) ago) Kindly help me for download this presentation. Saving..... Post Reply Close Saving..... Edit Comment Close By: ilyasriyaz (20 month(s) ago) gud one Saving..... Post Reply Close Saving..... Edit Comment Close loading.... See all Premium member Presentation Transcript Accounting Standards in India : Accounting Standards in India Professionalism without Pragmatism? Joseph Anbarasu Which one is a Good Financial System? : Which one is a Good Financial System? How is that system spoiled? : How is that system spoiled? Sathyam Way of Enron : Sathyam Way of Enron Raju inflated the reported cash and bank balances of the company — whose name means trust in Sanskrit — by $1 billion (£660m), while overstating revenues and understating liabilities Satyam’s revenues had been overstated by 76% and profits by some 97%. The stated operating margin of 24% actually stood at 3%. “These things are never a one-man job,” said Robin Johnson, a partner at the law firm Eversheds. “It starts with a powerful guy bullying people into doing it. There must have been others who have kept quiet.” Monitoring Agencies : Monitoring Agencies Accounting Standards today : Accounting Standards today Business Organizations and Accounting Standards : Business Organizations and Accounting Standards Business Organizations and Accounting Standards : Business Organizations and Accounting Standards Business Organizations and Accounting Standards : Business Organizations and Accounting Standards Business Organizations and Accounting Standards : Business Organizations and Accounting Standards Business Organizations and Accounting Standards : Business Organizations and Accounting Standards Government Organizations and Accounting Standards : Government Organizations and Accounting Standards Government Organizations and Accounting Standards : Government Organizations and Accounting Standards Government Organizations and Accounting Standards : Government Organizations and Accounting Standards Government Organizations and Accounting Standards : Government Organizations and Accounting Standards Government Organizations and Accounting Standards : Government Organizations and Accounting Standards Why Harmonization? : Why Harmonization? Only one way : Only one way Till now, the Institute of Chartered Accountants of India (ICAI) has taken a position towards International Financial Reporting Standards (IFRS) and not towards GAAP. Different and Contradictory Practices Rule based Accounting Standard vs. Principle Based Standards Auditor’s Dilemma in judging a transaction Some Useful Links : Some Useful Links SAI, India: www.cag.gov.in Institute of Chartered Accountants of India: www.icai.org GASAB, India: www.gasab.gov.in International Federation of Accountants: www.ifac.org International Accounting Standards Board: www.iasb.org