Emerging Issues in Finance and Accounting

ISBN Number : 978-93-5051-946-0

Library Price : Rs.850

Library Dollar Price : 34$

Book Edition : First

Year of Publication : 2012

No. Of Pages : 254

About The Book

The financial sector for the past three years has been under tremendous pressure all over the world. This has created capital flows volatility and has further created a gap between the developed and the developing countries. The major impact of this crisis has been on the banking sector. The Primary market where Initial Public Offerings take place has been sluggish in the recent times. Extreme market volatility and market sentiments have been low for the investors. Risk avoidance and risk minimization or abatements of risk are key parameters for a risk management strategy. A robust risk management process is likely to be far effective in managing risk-reward relationship in corporate. As far as Indian Bank`s are concerned, the capital adequacy position of the banks in India (CRAR) was over 14 per cent and the core CRAR was over 10 per cent as on 30.09.2010 under Basle II norms. This means that Basle III requirements, once fully caliberated, are not likely to be higher than tip current position though there could be some impact due to deductions such as in Tier I and Tier II capital to common equity. Basle III is still micro-regulatory on account of risk weightage and market-to-market.

This volume provides insight on the current issues in Finance & Accounting, Banking Sector/Risk Management and Stock Market volatility and Derivatives areas. International Financial Reporting Standards and Activity based costing are some of the unique features of this volume. Articles and research papers appearing in this book have been written very critically and are useful for the policymakers, academicians and research scholars.

Book Content of Emerging Issues in Finance and Accounting

Preface
Acknoledgement
List of Contributors

PART I.EMERGING ISSUES IN FINANCE AREA

    1. India`s Economic Strategy versus Financial Jugaad
      K.C.Mishra
    2. Performance of Initial Public Offering(IPO) in Indian Stock Market
      Ajay Kumar Chauhan, B.D.Kavidayal
    3. Test of Random Walk for Indian Commodity Market
      Sanjay Sehgal, Namita Rajput
    4. Impact of Increase in Trading Hourss on Indian Stock Market
      Ashish Garg
    5. Microfinance and Accounting Trends
      G.L.Sharma
    6. Subprime Crisis and Corporate Governance Disclosure in India : An Empirical Study
      Neeti Sannan, Pooja Talwar

PART II.EMERGING ISSUES IN BANKING AREA

    1. Interrest Rate Risk and Asset Liabality Management of Banks in India
      Madhu Vij
    2. Assessment of Forex Markets, Hedging Risk Exposures by the Indian Banks
      Deepak Tandon
    3. Deteminants fo Capital Struture: An Emirical Study of Indian Commercial Banks
      Priya Gupta, Divya Jindal
    4. Technical Efficiency of Indian Banks Using Nonparametric Frontier Approach − Data Envelopment Analysis(DEA)
      Neelam Tandon
    5. Risk Management in Banks Through Hedging
      Suresh Chandra Bihari
    6. Indian Banking : A Gait Towards Basel III
      Harish Handa, Meera Mehta
    7. Growth of Commercial Banks inIndia with Special Reference to Proirity Sector Lending − A Study of Post-Reforms Era
      Jasindeep Kaur, Shilony Gupta
    8. Financial Inclusion − Taking Banking to Masses for Poverty Alleviation
      Prem Sibbal

PART III.EMERGING ISSUES IN THE ACCOUNTING AREA

  1. Costing Regimes and Managerial Decision-Making
    G.L.Sharma, P.K.Gupta
  2. Effective Cost Management Through Total Cost Ownership (TCO)
    Raju Gundala, Ashlesha Dash
  3. Analyzing Comparative Financial Performance : Indian GAAPs vs IFRS
    Monica Singhania, M.K.Mittal
  4. Acceptability of Convergence of AS with IFRS and Allied Challenges
    Ruchi Gupta
  5. Challenges in Implementing Indian Accounting Standards(IFRSs)
    Amarjit Chopra

About The Author

Dr. Deepak Tandon is a Professor in Finance at the Lai Bahadur Shastri Institute of Management, Dwarka, New Delhi and is having 32 years of work experience (Academic plus Industry). He has taught at all leading B-schools in Mumbai, Delhi / NCR, in recent years and has worked at Punjab National Bank, Vysya BankLtd., J&K Bank Ltd., etc.). He is Ph.D., M.Sc, LL.B., C.A.I.I.B, MBA (Finance)-FMS. He possesses additional qualifications such as Bachelor of Laws (Delhi University), Diploma in International Trade - Exports Management (Bangalore). In addition he has been awarded Ph.d. in Management-Finance & Banking from the International University of Contemporary Studies Washington D.C., U.S. He teaches all finance electives such as Corporate Taxation, Corporate Risk Management, International Finance & Treasury Management, Investment Analysis & Portfolio management, Risk Management in Banks etc. He has authored well over 81 research papers, duly published in leading International & National Finance Journals / Periodicals. He has been a Chairperson / Keynote speaker at various International / National Conferences. He has also authored 4 books in areas of Banking - Forex Management / Strategic Management, Retail Banking and Indian Banking. Dr. Tandon has received two Awards and a Gold Medal termed ‘Jewel of India Award’ and ‘VidyaGaurav Gold Medal Award’ from Indian Solidarity Council New Delhi and International Institute of Education & Management Mumbai respectively.

Dr. G.L. Sharma joined Punjab Government Education Department in 1962 and was Head of the Department of Commerce, Government College Ludhiana (1963-66). He joined Ramanujan College (Delhi University) in 1966. During 1982-1985, he was Reader in Finance, Department of Business Administration, Ahmedu Bello University, Zaria, Nigeria. He joined Lal Bahadur Shastri Institute of Management in 1996 and has worked in various capacities. He has authored, co-authored and edited over a dozen books including Advanced Cost Accounting, Corporate Finance: Emerging Options, Contemporary Issues in Business Finance and Taxation, A Report on Management of National Rural Employment Guarantee Scheme: Issues and Challenges, Potential for Entrepreneurial Activities in the Rural Areas of Delhi: An Explorative Study, Financial Systems and its Regulations in India (2016) and Ease of Doing Business in India: Critical Assessment (2019). He has widely travelled both in India and abroad.

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