CWA ICWA Final - Syllabus and Books

ICWAICWA ICWA (2008)Final • Syllabus and Books

Group III - Capital Market Analysis & Corporate Laws

ICWA :: Final
Paper 11 : Capital Market Analysis & Corporate Laws
[One paper: Three Hours – 100 marks]

Objective . . .

To know application of the various regulations for financial and capital markets
To understand Companies Act and compliances under the same
To gain basic knowledge on Corporate Governance Principles and purpose of good corporate governance

A. Capital Market Analysis ( 50 Marks)

1.Introduction of Capital Market & Capital Market Instruments10%
Capital Market / Security Market
Primary Market / New Issues / IPO Market
Secondary Market / Stock Market / Stock Exchange
Depositaries
Private placements of shares / Buy back of shares
CAPM vs Market Model
Issue mechanism
Forward Contract and future contracts
Clearing mechanism
2.Capital & Financial Market Regulation10%
Financial System and Capital Market Instruments,
SEBI – Regulation of Market and Control,
Collective Investment Schemes, Depositories, Dematerialization of Securities,
Regulation of banking & finance companies – role of Reserve Bank of India and Banking Ombudsmen; Regulation of Insurance sector by Insurance Regulation and Development Authority (IRDA),
Cyber Law and regulation of e-commerce and electronic financial transactions,
Contemporary issues and Development
3.Capital Market Analysis30%
Stock market efficiency;
Risk and Return;
Investment Analysis;
Cost of Finance And Financing Structures;
Capital Asset Pricing Model;
Products on Stock Exchanges: Equity / Stock Markets, Basket Trading, Derivatives, Debt Markets- Retail and Wholesale, Interest Rate Futures, Exchange Traded Funds, Mutual Funds (Close Ended).
Risk Management System: Capital Adequacy Requirements, Intra day Trading limits, Gross Exposure Limit, Margining Procedure.
Derivatives Markets: Introduction to Options and Futures, Explanation of Market Terminologies, Pay-off Structure, Basic Trading Strategies, Weekly Options.
Debt Markets: Debt Products traded in Stock Exchanges, Wholesale Debt Markets, and Retail Debt Markets.
Commodity Market & Trading Corporate Actions: Bonus, Rights, Dividend, Buy Back etc., Regulations to be followed by the Corporates, Impact on the Shareholders.
Portfolio Management
»Basic Principle, Functions and Activities
»Factors effecting investment decision in portfolio management
»Investment strategy
»Portfolio theory
»Use of matrix approach in investment decisions
Mutual Funds
»Role of Mutual Fund in financial market
»Advantage of investment in mutual fund
»Regulations and operations
»Investors right and obligation

B. Corporate Law & Corporate Governance ( 50 Marks)

4.Corporate functionalism in the context of Companies Act & Corporate Laws30%
Introduction, Incorporation and its Consequences,
Financial Structure and Membership,
Management and Control of Companies,
Inter-corporate loans, Investments, Guarantees and Security,
Maintenance of Statutory Books/Registers and Filing of Returns,
Winding-up,
Joint Ventures,
Corporate Accountability,
Competition Act and Competition Commission,
Information Act and its corporate implication, Emerging Issues and Concepts
Merger and Acquisition
»Reason for merger acquisition
»Objective of acquisition
»Gain from merger
»Problem of merger and acquisition
»Issues related to Companies Act 1956, Industrial(Development & Regulation) Act, Sick Industrial (Special Provision) Act, Income Tax Act, SEBI Regulations
»Function of Court
»Reconstruction
»De-merger or division
5.Corporate Governance20%
Genesis, Narasimhan Committee and other Committee Recommendations on Corporate Governance,
Effective Board of Directors and its role,
Independent Directors and Audit Committee, Remuneration Committee, Nomination Committee;
Evaluation of effectiveness of Internal Control-Management Accounting applications and Directors’ Responsibility Statement;
Going Concern status-financial and other indicators, role of management audit, evaluation of going concern uncertainties;
Related party transactions and disclosures;
Project management audit and corporate governance;
Relevance of Risk Evaluation and Risk management;
Evaluation of key financial decisions and disclosures;
Management Audit for investors’ protection in the context of Corporate Governance,
Corporate Governance Norms as prescribed by SEBI,

Recommended Books

TitleAuthorPublisher
Investment ManagementV.A.AvadhaniHimalaya Publishing House
Security Analysis & Portfolio Management ManagementFischer & JardanPrintice-Hall of India Private Limited
Investment analysis & Portfolio Management M.Ranganathan & r. Madhumathi Pearsons Education (Singapore) Pte Ltd.
Investment Analysis & Portfolio Management Reilly & BrownThomson (South Western)
Security Analysis & Portfolio ManagementPunithavathy PandianVikas Publishing Home Private Limited
Security Analysis & Portfolio ManagementV.K.BhallaS.Chand & Company Limited
Financial Management (3rd edition)P. RakshitElegant Publisher

Group III - Financial Management & International Finance

ICWA :: Final
Paper 12 : Financial Management & International Finance
[One Paper: 3 hours:100 marks]

Objective . . .

Understand the scope, goals and objectives of Financial Management
To provide expert knowledge on concepts, methods and procedures involved in using Financial Management for managerial decision-making
To gain knowledge of international monetary and financial system
1.Overview of Financial Management10%
Finance and Related Disciplines
Scope of Financial Management,
Planning environment
Key decisions of Financial Management
Emerging role of finance managers in India
Earnings distributions policy
Compliance of regulatory requirements in formulation of financial strategies
Sources of finance – long term, short term and international
Exchange rate – risk agencies involved and procedures followed in international financial operations
2.Financial Management Decisions15%
Capital structure theories and planning
Cost of capital
Designing Capital Structure
Capital budgeting
Lease financing
Working capital management
3.Financial analysis & planning10%
Funds flow and cash flow analysis
Financial ratio analysis -Ratios in the areas of performance, profitability, financial adaptability, liquidity, activity, shareholder investment and financing, and their interpretation.
Limitations of ratio analysis
Identification of information required to assess financial performance
Effect of short-term debt on the measurement of gearing.
4.Operating and financial leverages5%
Analysis of operating and financial leverages
Concept and nature of leverages operating risk and financial risk and combined leverage
Operating leverage and Cost volume Profit analysis – Earning Before Interest and Tax (EBIT) and Earning Per Share (EPS), indifference point.
5.Financial Strategy15%
Financial and Non-Financial objective of different organizations
Impact on Investment, finance and dividend decisions
Sources and benefits of international financing
Alternative Financing strategy in the context of regulatory requirements
Modeling and forecasting cash flows and financial statements based on expected values for variables – economic and business
Sensitivity analysis for changes in expected values in the models and forecasts
Emerging trends in financial reporting
6.Investment Decisions15%
Costs, Benefits and Risks analysis for projects
Linking investment with customer’s requirements
Designing Capital Structure
The impact of taxation, potential changes in economic factors and potential restrictions on remittance on these calculations
Capital investment real options
Venture Capital financing
Hybrid financing / Instruments
7.Project Management10%
Project Identification and Formulation
Identification of Project opportunities
Project Selection Consideration and Feasibility Studies
Project appraisal & Cost Benefit analysis
Source of Project Finance & Foreign Collaboration
8.International Finance10%
Minimization of risk,
Diversification of risk
Forward and futures,
Forward rate agreements
Interest rate swaps
Caps, floors and collars
Parity theorems
FDI
Money market hedge
Options.
9.Sources of International Finance5%
Rising funds in foreign markets and investments in foreign projects
Forward rate agreements and interest rate guarantees
Transaction, translation and economic risk, Interest rate parity, purchasing power parity and the Fisher effects
Foreign Direct Investment
10.International Monetary and Financial System5%
Understanding the International Monetary System
Export and Import Practices
International Financial Management: Important issues and features, International Capital Market
International Financial Services and Insurance: Important issues and features

Recommended Books

TitleAuthorPublisher
Modern Corporate FinanceA.C.ShapiroMacmillan
Financial Management: Theory & PracticePrasanna ChandraTata McGraw Hill
Financial Services: Perspective & ChallengesS.L.HayesHarvard Business School
International FinanceMurice D.LeviTata McGraw Hill
International Financial ManagementJain, Peyrard & YadavMacmillian India
World Trade Organisation (WTO) and IndiaShyamal BanerjeeMeheria Research Centre
Multinational Financial ManagementA.C.ShapiroPrentice Hall Of India
Financial Management (4th edition)Khan & JainTata McGraw-Hill

Group III - Management Accounting -Strategic Management

ICWA :: Final
Paper 13 : Management Accounting- Strategic Management
[One Paper: 3 hours:100 marks]

Objective . . .

To understand the importance of strategic and risk management and apply tools for strategic analysis appropriately
To develop the ability to understand the risks both internal and external and build capabilities to mange risks

A. Strategic Management (60%)

1.Introduction to Business Strategy10%
Meaning and implications of corporate planning, long range planning, business policy planning and strategic planning; strategic management processes; meaning and use of mission, goals, objectives and targets, profit gap, sales gap, risk gap and other strategies;
SWOT analysis; target selling strategy formulation and implementation, monitoring mechanism, strategies for stagnation versus growth, strategies for growth through expansion versus diversification & diversification vs core competency.
Acquisition and merger strategy, strategy of joint venture both in India and abroad.
Marketing strategy as a part of corporate strategy, growth under inflation and protection of shareholder, real capital.
Financial objectives, non- financial objectives, resources analysis and evaluation.
2.Forecasting and planning for strategy10%
Forecast trend and changes – social, political, legal and technological impacts.
Distribution channels and competitive forces. Government policies, economic growth and government expenditure.
Public and private sector investments,
International trade practices and government policies for capacity expansion, new industries, subsidiaries and substitutes
3.Model Building and models10%
Strategies in the development of models, Delphi Model, econometric, mathematical programming, budgetary and heuristic model.
Sensitivity analysis and the characteristics of models.
Limitations in model building vis- a-vis simulation techniques.
Life cycles, Porters generic strategic, Ausoj’s model, BCG matrix and other models
4.Marketing strategy10%
Production orientation versus market orientation, marketing objectives, framework and management of marketing mix.
Linkage between strategic planning and marketing strategy-both forward and backward.
Research and intelligence- source for the techniques for acquiring information necessary for marketing decisionmaking market shares.
5.Application of management accounting in strategic management20%
Marketing strategy: analysis of marketing costs and profitability, product development policy & strategy, pricing policies and strategies, budgetary control in marketing, evaluation and control of sales activities;
Operations Management Strategy: process, technology and logistic strategies, inventory policies and strategies, Human Resource Management policies and strategies,
Financial Strategies and Strategic Total Cost Management

B. Risk Management (40%)

6.Risk Measurement and Management15%
Introduction, Risk and Risk Management,
Objectives of Risk Management,
Risk Measurement and Pooling, Total Loss Distribution,
Pooling and Diversification,
Ruin Probability
7.Risk insurance:10%
Insurability of Risk and Insurance Contracts,
Insurance Pricing, Analysis Tools, Demand for Risk Management (Utility Theory),
Legal Liability, Corporate Liability, Liability Issues,
Insurance case study: Auto Insurance (or such other insurance industry segment as may be notified )
Commercial Insurance.
8.Corporate risk management:15%
Risk Management and Shareholders,
Risk Retention/Reduction,
Financial Risk Management,
Futures and Options,
Asset / Liability Management,
Project risk management, Enterprise Risk Management

Recommended Books

TitleAuthorPublisher
The strategic Management HandbookKenneth I.AlbertMcGraw Hill
Strategic ManagementH.I.AnsoffJohn Wiley
Corporate StrategiesB.P.BangerjeeOxford University press
Tools & techniques for strategic ManagementP.B.McNameePergamon Press
Marketing Management: Analysis, planning & ControlP.B.McNameePrentice Hall
Rise & Fall of Strategic PlanningH.MintazbergPrentice Hall
Corporate StrategyM.E. PorterFree Press
Competitive Advantage: Creating & Sustaining Superior Performance M.E.PorterFree Press
Cases in Strategic ManagementBudhiraja & AthreyaTata McGraw Hill

Group III - Indirect & Direct - Tax Management

ICWA :: Final
Paper 14 : Indirect & Direct - Tax Management
[One Paper: 3 hours:100 marks]

Objective . . .

To gain expert knowledge about the direct and indirect tax laws in force and the relevant rules and principles emerging from leading cases.
To provide an insight into practical aspects and apply the provisions of laws to various situations.
To understand the various external Auditing Requirements under tax laws.
1.Central Excise20%
2.Customs10%
3.Service Tax10%
4.Export Promotion Schemes, Foreign Trade Policy, EOU, SEZ.10%
5.Central Sales Tax/ VAT Act5%
6.Income Tax including Fringe Benefit Tax.20%
7.Wealth Tax5%
8.Case Studies under Direct and Indirect Taxes.20%

Recommended Books

TitleAuthorPublisher
Direct Taxes: Law & PracticeV.K.SinghaniaTaxmann
Direct Tax Planning and ManagementV.K.singhaniaTaxmann
Corporate Tax planningR.N.LakhotiaVision Publications
Central ExciseGurusekharanSnow White
Systematic Approach to Income Tax and Central Sales TaxAhuja and GuptaBharat Law House
Circulars issued by C.B.D.T.
Income Tax Act, 1961
Income Tax Rules, 1962

Group IV - Management Accounting – Enterprize Performance Management

ICWA :: Final
Paper 15 : Management Accounting - Enterprise Performance Management
[One Paper: 3 hours:100 marks]

Objective . . .

To understand the importance of performance measurement - both financial and non financial
To develop the skill of decision making to have competitive advantage
To gain knowledge of different tools of quality management
1.Management Control Systems10%
Control Systems within the framework of the organization
The application of control systems and related theory to the design of management accounting control systems
Structure and operation of management accounting control systems
Behavioural consequences of using management accounting controls);
Variation in control needs and systems dependent on organizational structure
Management accounting system - need for detailed costing, overhead allocation and budgeting, identification of non-value adding activities in the accounting function
2.Operations Management15%
An overview of operations strategy and its importance
Systems used in operations management: Manufacturing Resource Planning (MRP), Optimised Production Technologies (OPT), Just-in-Time (JIT) and Enterprise Resource Planning (ERP).
Use of the Intranet in information management
Strategies for balancing capacity and demand including level capacity
Demand management strategies.
Benchmarking and Business Process Re-engineering (BPR).
3.Cost Planning and Analysis for Competitive Advantage25%
Value analysis and quality function deployment.
The benefits of just-in-time production, total quality management and theory of constraints
Kaizen costing, continuous improvement and cost of quality reporting.
Learning curves and their use in predicting product/service costs, derivation of learning rate and learning index.
Activity-based management in the analysis of overhead and its use in improving the efficiency of repetitive overhead activities.
Multi-product break-even analysis, including break-even and profit/volume charts, contribution/sales ratio, margin of safety etc.
Simple product mix analysis in situations where there are limitations on product/service demand and one other production constraint.
Target costing.
Life cycle costing and implications for marketing strategies.
Value chain and supply chain management
Strategic Total Cost Management
4.Treatment of Uncertainty in Decision Making20%
The nature of risk and uncertainty.
Sensitivity analysis in decision modeling and the use of computer software for 'what if' analysis.
Assignment of probabilities to key variables in decision models.
Analysis of probabilistic models and interpretation of distributions of project outcomes.
Expected value tables and the value of information.
Decision trees for multi-stage decision problems.
5.Enterprise performance measurement systems15%
Balanced Score Card, EVA
Segment Performance
6.Quality Management15%
Approaches to quality management, including Total Quality Management (TQM), Statistical Quality Control (SQC) .
The use of benchmarking in quality measurement and improvement.
Practices of continuous improvement (e.g. Quality circles, Kaizen, 5S, 6 Sigma).
Different methods of quality measurement (i.e. operational, financial and customer measures)
Contemporary developments in quality management.
External quality standards (e.g. the various ISO standards appropriate to products and organizations).
Global awards for best practices and business performance

Recommended Books

TitleAuthorPublisher
Introduction to Management AccountingHorngren & SundemPrentice Hall
Cost Accounting: A Managerial EmphasisHorngren, Foster & DatarPrentice Hall
Management Accounting: A Decision EmphasisJessie, Raiborn & KenneyJohn Wiley
Management Accounting and Financial ControlS.N.MaheswariSultan Chand
Management AccountancyJ.BattyMcDonald & Evans
Financial policy and Management AccountingBhabatosh BanerjeeWorld Press
Managerial AccountingAnderson, Needles And Caldwell Houghton Mifflin Co.
Management AccountingI.M.PandeyVani Publication
Management AccountingR.anthonyTarapore Wala
Accounting for Managerial DecisionsBhattacharya And Dearden Prentice Hall
Advanced Management AccountingRobert KaplanPrentice Hall

Group IV - Advanced Financial Accounting & Reporting

ICWA :: Final
Paper 16 : Advanced Financial Accounting & Reporting
[One Paper: 3 hours:100 marks]

Objective . . .

To gain expert knowledge of the professional standards, principles and procedures developed globally
by and their application to different practical situations
To understand the scope and quality of external reporting and its use in published accounts
1.Introduction to IAS, US GAAP, Indian Accounting Standards15%
GAAP in India
US GAAP- Statements and Standards, hierarchy of US GAAP
International Accounting Standards
Relative view of AS (India), IAS and US GAAP on different issues
2.Preparation of Company Accounts under various circumstances20%
Relevant Terms
Types of Mergers, methods of accounting
Treatment of Goodwill arising on Merger.
Purchase Consideration and Settlement.
Accounting in the books of vendor / transferor company.
Accounting for investment in subsidiary.
Accounting of holding companies
Consolidation of financial statements.
Corporate Financial restructuring
Accounting standards relevant to these concepts.
3.Group Financial Statements25%
Holding company, Subsidiary Company and Associate company
Consolidated Income Statement, Balance Sheet and Cash Flow Statements for Group of companies
Concept of fair value at the time of acquisition
Impact on group financial statements at the point of acquisition
Compare and contrast acquisition and equity methods of accounting
Reconstruction schemes , De-merger
Preparation and interpretation of segmental analysis, inter-firm comparisons
4.Segment Reporting10%
5.Developments in External Reporting20%
Applicability of a particular accounting standard.
Interpretation of various accounting standards.
Scope of accounting standards.
Compliance with the Accounting Standards.
Annual Reports – Statutory Requirements and External reports
Preparation of Financial information in the Annual Reports
External Reporting under capital market regulations
Disclosure of post Balance Sheet events.
Financial Reporting across the world
Exposure to reporting under US and UK laws
IFRS requirements for reporting
6.Government Accounting in India10%
General Principles.
Comparison with commercial accounting.
Role of the Comptroller and Auditor General of India.
Role of the Public Accounts Committee.
Review of accounts.

Recommended Books

TitleAuthorPublisher
Financial Management and PolicyJ.C.Van HornePrentice Hall
Essentials of managerial FinanceWeston and BrighamDryden Press
Accounting TheoryEldon S.HendriksenRichard D.Irwin
Accounting TheoryK.S.MostHolt, Rinehart & Winston
Financial Accounting Theory-Issues And ControversiesBernstei & WildMcGraw Hill
Financial Statement Analysis: Theory, Application & InterpretationBernstei & WildIrwin McGraw Hill
Analysis and Use of Financial StatementsWrite, Sondhi & Fried John Wiley
Financial Statement Analysis- A new ApproachLev BaruchPrentice Hall
Monthly financial Reports for Operating ManagersG.R.KulakarniICWAI
Regulation of Corporate Accounting and Reporting in IndiaBhabatosh BanerjeeWorld Press
Economic Value Added: A Tool for Business PlanningT.P.GhoshICWAI
Accounting Standards and Corporate Accounting Practices T.P.GhoshTaxmann
Manual of Accounting StandardsS.AgarwalSnow White

Group IV - Cost Audit & Operational Audit

ICWA :: Final
Paper 17 : Cost Audit & Operational Audit and Ethics
[One Paper: 3 hours:100 marks]

Objective . . .

To gain an in-depth knowledge of the techniques and methods of planning and conducting Cost Audit
To develop the skill in Internal Control, Internal Auditing and Operational Audit
1.Basics of cost audit, appointment of cost auditor10%
Nature and scope of cost audit.
Provisions under Companies Act relating to maintenance of Cost Records and Cost Audit.
Cost auditor – appointment, rights and responsibilities
Structuring the cost audit
2.Cost Audit Report Rules10%
Provisions of Cost Audit Report Rules 2001
Form of cost audit report
Annexures to the cost audit report
Pro-forma to the cost audit report.
Usefulness of Cost Audit.
3.Cost Accounting Record Rules20%
Procedure for prescription of cost accounting record rules
Cost accounting record rules and its applicability
Provisions of cost accounting record rules for various industries.
4.Cost Accounting Standards10%

Section II : Internal Audit and Operational Audit

1.Basics of internal audit and operational audit10%
Concept of internal and operational audit
Internal Audit - techniques and procedures
Internal Audit Report.
Operational audit – techniques and procedures
Operational audit report
Special reports for banks, shareholders, employees etc
evaluation of internal control system, budgetary control system, inventory control system, management information system.
2.Management Audit in Different forms and functions10%
Corporate Services Audit
Audit checks of different functions
Corporate Governance and Audit Committee
3.Various types of audit and their process;10%
Due Diligence audit
SOX Audit
Energy Audit – meaning & methodology
Productivity audit
Inventory audit
VAT Audit.
Special audit under excise , service tax and customs records by cost accountant
Environment audit
Qualities of good certificate/report
Bank Audit and Concurrent Audit.
Systems Audit.
Audit under ERP environment.
4.Fields for practicing cost accountants5%
Statutory,
Non Statutory.
WTO regime.
Assessment and quantification of losses under marine, fire & accident policies
ANTI-DUMPING – meaning, process, role of cost accountants
5.Professional Ethics10%
Meaning of professional values and ethics,
ICWAI & IFAC guidelines for professional values and ethics,
Ethical codes applicable to professional Accountants in India, Ethical code for Cost Accountants under Cost and Works Accountants Act, 1959 and The Cost and Works Accountants Regulations, 1959, as amended up to date.
6.Auditing and Assurance standards5%

Recommended Books

TitleAuthorPublisher
Cost Audit and Management AuditSaxena & VashistSultan
Guidance Notes to Cost AuditICWA of IndiaICWAI
ICWAI’s Publication relating to Cost Accounting Record Rules on various Industries ICWA of IndiaICWAI
The Management AuditLeonard
Efficiency AuditingWalleyMacmillan
Cost Audit and Management AuditA.R.Ramanathan
Cost AuditJ.P.Berry
A Commentary on Cost Accounting (Records) RulesA.V.Ramana Rao

Group IV - Business Valuation Management

ICWA :: Final
Paper 18 : Business Valuation Management
[One paper: Three Hours – 100 marks]

Objective . . .

To gain knowledge in different techniques of valuation of assets and liabilities
To understand the legal implications of merger and acquisitions
1.Valuation Basis10%
Principles and techniques of valuation
Asset valuation.
Earnings valuation
Cash flow valuation.
Other valuation basis
Efficient market hypothesis
Impact of changing capital structure on the market value of the company
Priorities of different stakeholders in terms of business valuation.
2.Valuation of Mergers and Acquisitions20%
Assets and cash flows
The strengths and weaknesses of various valuation method
Recognition of the interest of various stakeholders
Selection of appropriate cost of capital for valuation
Synergistic benefits
Forms of consideration and terms of acquisitions
Post merger integration process
Implications of regulations for business combinations
Types of exit strategies and their implications.
3.Valuation of Assets and Liabilities40%
Forms of intellectual property and methods of valuation
Valuation of fixed assets
Valuation of inventories
Valuation of investments
Valuation of shares
Dividend growth valuation models
MM theory
Valuation of options
Valuation of intangibles
Human resource accounting
Valuation of goodwill, patents and copyrights
Valuation of brands
Valuation of real estate
Relevant accounting standards.
4.Case studies30%

Recommended Books

TitleAuthorPublisher
Investment Valution-Tools and Techniques for Techniques for Determining the value of any asset Aswath DomodaranJohn Wiley & Sons. Inc.
Valuation: Measuring and Managing the value of CompaniesThomas E.CopelandWiley
Business Analysis and Valuation: Using Financial Statements Text and Cases Krishna G.Palupu, Paul M.Healy&VictorL.Bernard South-Western Pub.
The Handbook of Advanced Business ValuationRovert.F.Reilly & Robert P.SchweihsMcGraw Hill College Div.
Corporate Finance: A Valuation ApproachO.H.Sarig & S.Z.BenningaIrwin McGraw Hill
Fundamentals of Investments Valuation and ManagementCharles J.Corrado(Ed)McGraw Hill College Div.
Valuation Work Book: Step-by-Step Exercise and Tests to Help your Master Valuation Tom Copeland, Tim koller Jack Murrin and William Foote John Wiley & Sons
Practical Share ValuationNigel A.Eastaway, Herry Booth & Keith Eamer Butterworths
Guide to Takeover & MergersN.R.Sridharan & P.H.Arvindh Pandian Wadhwa and Company