Indian Accounting Association, Gujarat (Ahmadabad) Branch and Sheth Damodardas School of Commerce, Gujarat University, Ahmadabad have jointly organized Two Day International Seminar on “Changing Paradigm of Accounting and Finance in Global Perspective” during February, 12-13, 2011 on the occasion of Diamond Jubilee Celebration of Gujarat University and Swarnima Gujarat.
Accounting is well-known as a business language while finance is popular as lifeblood of business. Now flow of capital is not limited to domestic level but it can be raised from international markets. The globalization, liberalization and privatization of Indian economy have provided fuel for the development and growth in the country. Liberalization of Indian economy and increasingly close integration with the global economy has created formidable challenges for accounting and finance.
In light of this, the Theme chosen for deliberations was “Changing Paradigm of Accounting and Finance in Global Perspective” at the seminar which was divided into Three Technical Sessions as under :
I. Impact of New Direct Tax Code In Indian In Global Context.
II. IFRS − A Global Convergence Of Accounting Standards.
III. Global Scenario Of Business Ethics And Corporate Governance.
More than 450 delegates from various parts of the country have presented 210 papers (Tech.-I − 19, Tech.-II − 90 and Tech.-III − 101) in the Seminar in Three Technical Sessions. After the in-depth study of all papers, total 57 papers (Tech.-I -10, Tech.-II -19 and Tech.-III -28) are selected for publication by the expert committee. The copyright of the papers published will remain with editor.
Contents :
SECTION − I IMPACT OF NEW DIRECT TAX CODE IN INDIA IN GLOBAL CONTEXT
1. Direct Tax Code : Challenges Ahead For Implementation
− A.K. Chakrawa, Harish S. Oza
2. Foreign Institutional Investments and Direct Tax Code
− Martina R. Noronha, Aishwarya R. Kulkarni
3. New Direct Tax Code − It`s Probable Impact On Individuals And Corporates
− Ketan Desai, Nirav Shah
4. Direct Tax Code − Old Wine In A New Bottle
− Marzun E. Jokhi
5. A Study On Impacts Of Direct Tax Code On Individuals In India
− Harmitsingh Sikh
6. India`s New Direct Tax Code In Global Scenario
− Ali asgar A. Vohra, Paresh S. Khetal
7. Direct Tax Code : Highlights Of Changes In DTC Affecting Individual Income-Tax, Tax on Companies And Wealth Tax
− Hiral Parikh
8. A Comparative Study Of New Direct Tax And Existing Income Tax Act − 1961.
− Shailesh N. Ransariya
9. Impact of New Dire Tax Code In Indian In Global Context
− Chabdubhai K. Patel
10. Direct Tax Code − A New Feather In Indian Tax Structure
− Patel Hitesh, Rabari Rajnish
SECTION − II
IFRS − A GLOBAL CONVERGENCE OF ACCOUNTING STANDARDS
1. International Financial Reporting Standards − A Hard Rock To Drill
− Gurudutta P. Japee, Harish S. Oza
2. Impact Of IFRS On Different Accounting Aspects
− Atul Bansal
3. Reflections On Key Challenges In Transition To IFRS From Indian Perspective
− Gautam V. Mistry, Sandip K. Bhatt
4. IFRS Convergence − Indian Scenario
− Heena Sunil Oza
5. India`s Convergence To Globally Recognized Reporting Standards − IFRS
− Sumit Shroff
6. IFRS : Implementation Challenges For Banks In India
− Ramchandani Kumar, Kinjal Jethwani
7. Accounting For Derivative Instruments : Headge Accounting
− Ketan R. Upadhyay, Jayesh K. Pandya
8. IFRS − A Global Convergence Of Accounting Standards : Accounting For Earnings Per Share
− Visalakshi Mohan, Aakruti Shah
9. A Revolution In International Financial Reporting : A Global Convergence Of Accounting Standards In IFRS
− Bansi R. Shah, Rajnish Barasara
10. New Accounting Norms (IFRS) May Pose Headaches For Companies
− Ashish C. Mehta
11. International Financial Reporting Standards (IFRS) And Smes In India : Perceptions Of Academic
− Bhavna Mashru, Darshini Adatia
12. IFRS − A Truly Global Accounting Standards
− Parvathbhai R. Patel, Ketulkumar I. Sheth
13. IFRS And Indian Accounting Standards − A Comparative Analysis
− Hitesh S. Viramgami, Ashok D. Parmar, Prashant M. Joshi
14. Impairment Of Assets : A Review With Respect To Practices Followed By Selected Listed Companies In India
− Kamlesh D. Vala, Vishal N. Shah
15. Evolution Of IFRS − Concepts And Convergence
− Richard Remedios, Dipesh Nathwani
16. IFRS : A Conceptual Study
− Sonal V. Nena
17. The Impact Of IFRS On Indian Infrastructure And Real Estate Industry
− Kirtilal G. Judal
18. Convergence Of Indian Gaap With IFRS − A Comparison Of Selected Standards
− Snehal Kotak
19. IFRS : A Global convergence Of Accounting Standard
− K.S. Vataliya
SECTION − III
GLOBAL SCENERIO OF BUSINESS ETHICS AND CORPORATE GOVERNANCE
1. Corporate Governance In The Changing Scenario
− Harish S. Oza
2. A Comparative Study Of Corporate Governance In Asia
− Martina R. Noronha, Pinak K. Chakrabartty, Purnima U. Mehta
3. Impact Of Corporate Governance Structures : A Study Of Selected Indian Banks
− Hemal Pandya, Chetana Parmar
4. Corporate Governance And Accountability In The Changing Scenario
− Jeevraj Purohit, Vina D. Dave
5. Business Ethics And Corporate Governance
− Ajay N. soni, Dhiraj M. Parmar
6. Corporate Governance Practice In Asia With Special Reference To India
− Bhavesh A. Lakhani, Gurudutta P. Japee
7. Principles Of Good Corporate Governance
− Sandip K. Bhatt, Yashasvi R. Rajpara
8. Corporate Governance : A Reflection Of The Company
− Martin J. Babu, Robert Omundi Obuba
9. Corporate Governance : Impact Of Compliance To Clause 49 On Performance − An Empirical Case Study Of Selected Automobile Companies
− Naziya S. Mansuri
10. Business Ethics : A Key Component Of Corporate Governance
− Manisha S. Bhavsar
11. Empowering Corporate Governance With Business Ethics In Global Perspective
− Nipa B. Dave
12. Growth And Dybanucs Of Corporate Governance In India − An Emering Trend Towards Global Economy
− Rajiben S. Vagh
13. Global Scenario Of Business Ethics And Corporate Governance
− Hasmukh Paida, V.B. Malavia, Hansa Sabhaya
14. Business Ethics, Corporate Governance And Corporate Citizenship − Indian Scenario
− Shital P. Vekariya
15. Observations On Prevalent Business Ethics Practices By Indian Corporates
− Ramnik J. Yadav, Shailja C. Tiwari
16. Business Ethics And Corporate Governance Practices In Asian Countries
− Prakash J. Rachchh
17. Transparency, Financial Accounting Information And Corporate Governance
− Nirali Ketan Shah
18. Corporate Governance Disclosure Practices At Reliance
− Shipla S. Motwani
19. Satyam Fiasco − Breach Of Twin Road To Success
− Amee Dave, Priya Parikh
20. Business Ethics And Corporate Governance A Practice In Indian Context
− Jyotindra M. Jani
21. Global Scenario Of Corporate Governance And Business Ethics
− Hiral J. Pujara
22. Corporate Governance In Globalized India : Opportunities And Challenges
− P.S. Hirani, Hetal S. Shah
23. Ancient Indian Cultural Principles And Values : Answer To Global Business Ethical Issues
− Nailesh Limbasiya, Alpesh Nasit
24. A Study Of Corporate Governance Practices In Selected Units Of Steel And Iron Industry Of India
− Margi S. Desai, Upendra T. Desai
25. Business Ethics : Being A Part Of Larger Social Ethics
− Nilesh M. Marvaniya, Dineshchandra D. Ferar
26. Global Scenario Of Business Ethics And Corporate Goveranance
− P.J. Suthar, G.V. Patel
27. Role Of Corporate Governance And Business Ethics For SME In Developing Countries Like India : Challenges And Way Forward
− Vijay V. Parmar
28. Corporate Governance Failures : Some Evidences
− Bhavin A. Patel
