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VISAKHAPATNAM: It has been found during several studies on the extent of transparency of facts and figures in the annual reports of various corporate sectors that the system of accounting differs from one to another. As a result, many of the corporate houses do not reveal facts and figures in their annual reports. Later, the International Accounting Standards Board, along with the Financial Accounting Standards Board, has recently took a decision to seek convergence of accounting standards, globally. Andhra University Department of Commerce and Management Studies on Friday organised a national seminar on 'Convergence of Corporate Disclosure and Accounting Standards', under the aegis

ICFAI Business School will hold a two-day national seminar on 'International Corporate Financial Reporting and Analysis' on August 23 and 24. The programme will act as a platform to evaluate the current financial reporting model and its relevance for making sensible economic decision, Indian accounting standards and the problems faced in implementing the accounting standards and related financial reporting regulations.

Singapore, 1 February: Singapore is considering setting up a Special Economic Zone in India to help in augmenting FDI from the city state as the two countries Wednesday [1 February] agreed to work towards an Asian Economic Community, implement on time Comprehensive Economic Cooperation Agreement and explore the untapped potential for cooperation in science and technology.Singapore's senior minister Goh Chok Tong told visiting President A.P.J. Abdul Kalam here Wednesday...

NEW DELHI: In a further attempt to avoid disputes regarding the allocation of frequencies standards, the Division of Telecommunications (DoT) has decided to instruct scientists and professors from major institutions, such as the Institute of Technology and the Indian Institute of Science (Bangalore), a part thereof order for the new committee has been set up to formulate new guidelines. Earlier this week, the Division of Telecommunications (DoT) has stated that it set up a committee of industry representatives to formulate criteria for allocating spectrum for new standards. The Committee's mandate verification of the recent report by the Telecom Engineering Center (TEC),

The plans are efforts underway in India, five Institute of Science Education & Research, one of which has already put in place in Kolkata-Dhurjati Mukherjee The Centre plans to establish 30 universities across the country. She wants to provide higher education to a greater proportion of the population and rising standards in the country. It follows the government's decision have more specialized institutes in the fields of science and technology. The Prime Minister also explained that the government was obliged, setting up a central university in each state and lend a helping hand to ensure that each district has a College. The

TIPS are ready for business opportunities in the banking sector after the implementation of Basel II in the year 2006 standards. According to Mr. Ashvin Parekh, Executive Director, Deloitte Touche Tohmatsu, new standards will be implemented presents a great opportunity for the consulting fraternity. At a seminar organized by the Indian Institute of Foreign Trade, Mr. Parekh said the assurance was also a sign of changes that could do much with advice. It is an uncertainty about the prospects of capital, uneven progress in the interest of bancassurance and again in emerging markets such as China. In the case of the asset management

Thiruvananthapuram, Dec. 17. TOURISTIK is an area of high priority for the state and government would make every effort to stimulate the growth of tourism in the State and hotels, said KC Venugopal, Minister of State for Tourism. At a seminar on "Kerala Tourism - Scope and Challenges", organized by the India-South Association of hotels and restaurants in the city, he said, that the hospitality industry must do their best to ensure that Kerala is a high quality tourist destination. All members of the hospitality sector must work towards improving the quality standards, especially in areas such as waste management, he

Setting your goals right Many a time, prospective clients approach us with the aim of undertaking financial planning. However, when we ask them as to why they want to undertake it, more often than not, they are puzzled. Some of the reasons commonly given are: they have heard that it is a useful thing or they believe it will make them rich. Only a few state that they believe in preparing and following a financial plan will enable them to achieve their financial goals. In other words, goals are the starting point. Lack of clarity regarding goals may render your

What is your destination or where you want to go, is the question. When you decide to visit a place in your own city or outside, you make all necessary preparations like buying a ticket, putting together your personal belongings, etc. Then you ascertain the train, bus or plane, its departure timings. You try to reach there in time and finally be at your destination. Thus, it is only when you fix up a target that you come into action, which begins with planning, and then execution of the planned activity. All successful people have very well realised this fact and

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