Biography of “Pooling of Interest Method” in Accounting for Amalgamations -January 2007

Article written for Bhavan’s Management Research Journal[1] Abstract ‘Pooling of interest method’ of accounting for amalgamations is a unique concept among accounting practices. Its uniqueness is in ignoring the historical cost concept, a fundamental concept for recording transactions in accounting. In this practice the evidence of cost provided by the transaction of amalgamation is ignored in accounting for the amalgamation. Defined in Indian Accounting Standard 14 para 10 as “Under pooling of interest method, the assets, liabilities and reserves of

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The Age of Stagnation, Why Perpetual Growth is Unattainable and the Global Economy is in Peril

The Age of Stagnation, Why Perpetual Growth is Unattainable and the Global Economy is in Peril, by Satyajit Das, Tranquebar Press, 2015, Pages 346, February 2016 Review for Business World by Shankar Jaganathan, Founder & Chief Executive, CimplyFive Corporate Secretarial Services P Ltd, and by passion an economic historian and Author This is not a book for the one who wants to be reassured about the bright prospects of our global economy. Neither is it for the optimist who believes

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Book Review: The Social Life of Money

The Social Life of Money, by Nigel Dodd, Princeton University Press, 2014, Pages 394 Review for Business World by Shankar Jaganathan, Author & by passion an Economic Historian, March 2015 Like cricket in India, money is the subject of discussion in both professional and amateur groups across the world. These discussions often get heated, and their circles expand in the context of prominent headline hogging events. In these debates, we often see a visible and pronounced bias linked to origin.

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Book Review: The Son Also Rises, Surnames and the History of Social Mobility

The Son Also Rises, Surnames and the history of Social Mobility, by Gregory Clark Princeton University Press, 2014, Pages 317 Review for Business World by Shankar Jaganathan, Author & by passion an Economic Historian, April 2014 Written by economic historian Gregory Clark, The Son Also Rises is a longitudinal study of social mobility.  Studying multi-generational social mobility covering a span extending to seven hundred years across the geographies of Asia, Europe and America this book cannot be ignored by anyone

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Book Review: Inside-Out Leadership

Book Review 2023.01: Inside-Out Leadership by Rajiv Vij, Penguin Viking, 2021, 2023, 219 pages, Hard bound, ₹699 Gifted this book last Friday afternoon, I completed reading it in the next four days. It is a testimony to the quality of this book rather than my reading abilities, for flipping though it on the commute back home on the metro got me hooked to completing it in one go. Contrary to leadership books that are anectodical and biographic in nature, this

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Book Review: Super-Infinite, The Transformation of John Donne

Book Review 2023.02: Super-Infinite, The Transformation of John Donne, Faber, 2022, 297 pages, Paperback, ₹699 Picked up this book while browsing through the quaint bookshop Nagasri Book House in Jayanagar Shopping Complex, a treasure drove for book lovers interested in seeing the latest publications on a wide range of subjects spanning from the latest developments in brain research to social science and literature.    What caught my eye in this biography of John Donne, the Ghalib of English love poems that

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Book Review: Seven and a Half Lessons About the Brain

Book Review 2023.03: Seven and a Half Lessons About the Brain, 2020, 166 pages, Paperback, ₹499 This is another book picked up from Nagasri Book House in Jayanagar Shopping Complex, Bangalore, a treasure drove for book lovers.  What caught my attention was the blurb on the back cover from the author that this is a book on neuroscience that people could read on the beach and warned the reader that their world could be turned upside down. The book is

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