Research Studies Conducted under The Aegis of ICAI ARF

Research Studies Conducted under The Aegis of ICAI ARF

As a part of its continued pursuit to promote research in the fields of accounting, auditing, monetary policies and other related disciplines, the ICAI Accounting Research Foundation (ICAI ARF) has undertaken and completed various projects. The ICAI ARF provides financial assistance for research projects of contemporary national and international significance in the aforesaid areas and publishes the research reports as well.

The following research projects have recently been completed under the aegis of the ICAI Accounting Research Foundation. Members and others provide invaluable suggestions and comments, if any, on the same latest by January 20, 2010 (Please click at the title to access the Research Reports).

• A Study on Business Valuation by CA. Hozefa Natalwala: The projects aim to study the need of valuation for small businesses and to relate the appropriate technique/s which can help in making better decisions for specific purposes. The Report deals with analysis of business data both qualitative and quantitative, review of industry /sector and economy, consideration of various appraisal techniques and estimating the value by applying the relevant techniques.
• A Study of Emerging Opportunities for Environmental Audit by Dr. Sureshramana Mayya: The main focus of the Study is to find out the emerging opportunities for environmental audit in India. The specific objectives included determining the strengths and weaknesses of environmental auditing practices carried out by large scale industries, assessing the driving force for implementation of environmental audits in large scale industries, etc.
• A Study on Valuation of Intangibles by Dr. R.K. Mishra & Dr. Shital Jhunjhunwala of Institute of Public Enterprises (IPE): The project aims to study the current methods of valuing intangible assets, the disclosure requirements and to develop a method of valuation of intangible assets of firms that would help investors take more informed and better investment decisions.

The views contained in the Reports are the personal views of the researcher concerned and are not necessarily the views of the ICAI-ARF or of the ICAI. The Reports are based on the research studies conducted by the researcher to contribute to the knowledge in the respective areas rather than to prescribe or recommend any specific guidelines by ICAI/ICAI-ARF.