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Finance & Accounts

 
Created by : SIBA PRASAD MAZUMDAR, Freelancer, Freelancer  | 12 24 2009 16:03:19 +0000
Industry : Asset ManagementFunctional Area : Capital Management(Corporate Finance)
Activity:  150 views;  last activity : 07 06 2010 20:18:09 +0000

I think Accounting Standard of India should be simplified.It should be simple and straight.Clumsy standards could not control unethical practices in various Companies.

 
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Provision of Liability & Interest are the areas where things need to be made straight for correct projection


By SIBA PRASAD MAZUMDAR, Freelancer, Freelancer  | 12 24 2009 16:03:19 +0000
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I think Accounting Standard of India should be simplified.It should be simple and straight.Clumsy standards could not control unethical practices in various Companies.
We need to be bold enough to tender protest. We must have courage to ventilate corruption to appropriate level.Above all our senior authorities should be honest.How this dream can be ventured & bring into reality.
Middle calss earn little but save little of the little amount.In totality the investment of middle class is a huge block of money & has a role to play in the Indian economy.
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