Articles by CA. Nirmal Ghorawat

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A Critique on Equating Growth in Market Indices To Returns

Posted by CA. Nirmal Ghorawat 10 April 2013 5724 Views

Why equating the Compounded Annual Growth Rate [CAGR] of market indices, BSE Sensex or NSE CNX Nifty, with returns to an equity investor is a material misstatement, particularly if it is a long period of time? I have often come across perceivably



Perspectives on Life Insurance Industry In India

Posted by CA. Nirmal Ghorawat 03 April 2013 13063 Views

Download a copy of this Document in PDF Synopsis 1 Background of the Insurance Sector 2 Snapshot of the Performance of the Life Insurance Sector post Liberalisation 3 Is LIC



XBRL: The Future of Financial Reporting

Posted by CA. Nirmal Ghorawat 09 May 2021 19807 Views

(This article has been published by the Guwahati Branch in their Souvenir for the National Conference of ICAI held at Guwahati, Assam on 16-17 December 2011.) A. Introduction to XBRL XBRL is the buzz word today in our professional fraternity. Why n




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