Mr. Nitish Grover FCA, AICPA Intl Associate
Principal, Owner, Nitish Grover and Associates
Member of the Accounting Council
Council Member Biography
Nitish Grover is the Principal and Owner of Nitish Grover & Associates, an India based accounting and consulting firm. He has over 27 years of accounting, auditing, tax, corporate law and consulting experience across various industries. Prior to starting his own firm, Mr. Grover was an Assistant Manager, Finance at Eicher Motors Limited, a heavy auto manufacturer in India. He also has experience working in the audit and consulting practices at PricewaterhouseCoopers. Mr. Grover has represented clients before the Company Law Board and Income Tax Appellate Tribunal. He is knowledgeable about management accounting, cost management, accounting standards (Indian GAAP, US GAAP & IFRS), audit standards (Indian, US and IFAC), Indian taxation and Corporate Laws and practices. Mr. Grover is a Fellow Member of the Institute of Chartered Accountants of India and an International Associate of American Institute of Certified Public Accountants. (This is me - Update Profile)
Employment History
- 1989 - Unspecified
- Principal, Owner, Nitish Grover and Associates
- 1988 - 1989
- Assistant Manager, Finance, EICHER MOTORS LIMITED
- 1984 - 1987
- Assistant Manager, PRICE WATERHOUSE COOPERS SERVICES PRIVATE LIMITED
GLG NewsSM Analyses by Nitish Grover
GLG News is now G+ Insights
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What are the transfer pricing problems for companies doing business in India?
September 2, 2011
Under the garb of Transfer Pricing, Indian arms of Foreign IT Firms IBM, Accenture, Capgemini under-report revenues | economictimes.indiatimes.com
India has long battled problems with tax evasion and tax avoidance. With enhanced economic growth and more multinationals setting up in India, the problem of companies transferring profits overseas to their home country or a third country by underreporting their Indian revenues has become rampant. This practice is made possible by the different tax rates in various jurisdictions across India and also because of companies “treaty shopping” under double taxation avoidance agreements.
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The realignment of currencies and effects on accounting statements
August 22, 2011
Yen and Gold Soar on Recession fears | www.ft.com
As the value of gold increases, the relative competitiveness of economies is being affected. It may even alter how companies report their performance.
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IFRS and The Continuing Roundabout Discussion - Its Politics Not Accounting
July 16, 2011
Investors Defend FASB Role on IFRS | www.cfo.com
The referred news article relates the views of certain individuals that the IASB may not be able to properly administer International Accounting Standards without being politically influenced. They argue that the FASB is better placed to develop accounting standards and withstand political pressure. In this analysis I look at some aspects of the debate.
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Greece - The End of The Road for The Euro? Accounting Implications?
June 19, 2011
Papandreou Pleads for Unity on Crisis | www.ft.com
While Greece, Ireland and the rest of Europe ponder over the debt crisis which goes hop skip and jump I start to wonder whether the Euro is headed for a demise or slide into oblivion. I also give below my thoughts on accounting implications of the present crisis.
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Offshoring - The Unstoppable Vehicle?
May 29, 2011
Offshore Outsourcing: For Smaller Companies Too | www.cfo.com
The referred article speaks of offshoring and outsourcing making sense for small companies also as against only larger companies. In this analysis I look at why and how outsourcing is progressing and why it may face economic obstacles atleast so far as expansion in India is concerned.
GLG Study Groups with Nitish Grover(?)
| Study Group Name | No. Members |
|---|---|
| IFRS Accounting Specialists | 1344 |
| Point-Of-Sale (POS) Terminal Experts | 549 |
| Financial Statement Analysts - Leaders, Scholars, and Educators | 331 |
| State and Local Tax Specialists | 200 |
| Software Financial Statement Analysts | 36 |
GLG Live Meetings with Nitish Grover(?)
Nitish Grover has not participated in any GLG Live Meetings.
View all GLG Live Meetings in Accounting & Financial Analysis
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