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undewriting comm.

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(Querist)
28 February 2011 I want to know about what is Firm underwriting how we deal it in underwriting commission its full accounting procedure and effect in simple language.

Thanks in advance.
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Kumar Babu.G

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Kumar Babu.G (Expert)
28 February 2011 Firm Underwriting means certain amount of shares has to be definitely underwrited in IPO by underwriters.Accounting treatment does n't differ from normal underwriting treatment.
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