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 25 years of accounting, auditing, tax and consulting experience across various industries. Previously, Mr. Grover was an Assistant Manager, Finance at Eicher Motors Limited, an India-based heavy auto manufacturer. Earlier, he worked in the audit and consulting practices at Price Waterhouse Coopers. He has represented clients before the Company Law Board and Income Tax Appellate Tribunal. He is knowledgeable in management accounting, cost management, accounting standards (Indian GAAP, US GAAP & IFRS) and Audit Standards (Indian, US and IFAC) and Indian taxation. He is a Fellow Member of the Institute of Chartered Accountants of India and an International Associate of American Institute of Certified Public Accountants. Mr. Grover has published over 350 articles on GLG news on accounting, hedge funds, CDO valuation, outsourcing, Indian taxation and accounting and financial analysis. (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,
GLG NewsSM Analyses by Nitish Grover(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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The Fair Value Debate - The Political Imperative - A Exercise in Futility?
November 19, 2009
Accounting Rules:Divided and Overruled | www.economist.com
Fair value has been in the news for sometime. Also banks are now complaining and so are regulators and politicians. The convergence issue and the impact of a far off standard setter not subject to local influence is having its effects on the debate. In this analysis I look at why fair value should not be influenced by those not well conversant with the subject. While I agree that accountants alone should not influence the debate yet the undue influence of politicians should be avoided.
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The Economic Downturn and Revival - Challenges for Accountants and Auditors
November 12, 2009
Failed financial firms:The bust that worked | www.economist.com
The referred article speaks of the bankruptcy reorganization plan of one Institution. In this analysis I take the referred Institution as a referral point to examine/highlight the challenges which accountants and auditors will face in their stewardship and attest function.
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Accounting and The Gold Price - Fair Value - Valuation Problems to be Expected
November 4, 2009
Gold Price Tops $1090 for First Time | economictimes.indiatimes.com
As the price of gold rises on a week on week basis one can expect to see ramifications in the accounting arena. There are a number of investment products sold in the market which are linked to the price of gold and its physical holding. In this analysis I look at the nature of problems to be expected - especially in relation to fair value disclosures.
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Working Capital - Internal Audit and Control - Accounting Standards
October 30, 2009
A Crash Course in Working Capital | www.cfo.com
The referred Article speaks of the importance of working capital, internal audit and proper financial statement and how these interact to provide a proper business growth environment. In my analysis below I give my thoughts on these aspects.
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Offshoring - Changing Accounting Dynamics - Auditing and Control
October 8, 2009
The New Calculus of Offshoring | www.cfo.com
Increased overseas costs, security dynamics and the sudden availability of newly jobless employees has changed the offshoring dynamics. Offshoring continues but the repetitive tasks with high risk and control difficulties are getting out of the offshoring matrix. In this analysis I look at the effects of these changing dynamics in relation to auditing and control factors.
Leading institutions connect with Nitish Grover through GLG
GLG Study Groups with Nitish Grover(?)
| Study Group Name | No. Members |
|---|---|
| Experts in the Leisure & Lodging Council | 4887 |
| Experts in the Automotive Council | 3422 |
| IFRS Accounting Specialists | 1364 |
| Point-Of-Sale (POS) Terminal Experts | 500 |
| Financial Statement Analysts - Leaders, Scholars, and Educators | 353 |
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