My friends have asked me too many questions on "Satyam" (How can the accounts be fudged) and also on the recent Monetary policy review. I prefer to answer the Monetary policy, which is of interest in the current slowdown!I reproduce below the portion of the speech relating to Monetary measures and then explain what is Repo rate, reverse repo, bank rate etc.**************************************************Third Quarter Review of Monetary Policy - Press statement by Dr.Subbarao, Governor - RBIFollowing...
International Financial Reporting Standards (IFRS)...1
With my limited knowledge on the IFRS, I try to post articles and would like experienced persons to give their valuable feedback.What is IFRS and why IFRS?The International Financial Reporting Standards (IFRS) are becoming a globally accepted with over 100 countries mandating it. The listed companies in European Union started adopting these standards. Following the EU, major countries in Asia Pacific ( like Australia, Hong Kong, China, Philippines) have started mandating the IFRS for publicly...
Subscribe to:
Posts (Atom)
