undewriting comm.
This query is : Resolved
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.
Thanks in advance.
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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