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Nitish Grover, FCA, AICPA  Intl  Associate, Principal, Owner, Nitish Grover and Associates

Nitish Grover, FCA, AICPA Intl Associate

Principal, Owner, Nitish Grover and Associates

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Member of the Accounting Council

Council Member Biography

Nitish Grover is the Principal and Owner of Nitish Grover & Associates, an India based accounting and consulting firm. He has over 25 years of accounting, auditing, tax and consulting experience across various industries. Previously, Mr. Grover was an Assistant Manager, Finance at Eicher Motors Limited, an India-based heavy auto manufacturer. Earlier, he worked in the audit and consulting practices at Price Waterhouse Coopers. He has represented clients before the Company Law Board and Income Tax Appellate Tribunal. He is knowledgeable in management accounting, cost management, accounting standards (Indian GAAP, US GAAP & IFRS) and Audit Standards (Indian, US and IFAC) and Indian taxation. He is a Fellow Member of the Institute of Chartered Accountants of India and an International Associate of American Institute of Certified Public Accountants. Mr. Grover has published over 350 articles on GLG news on accounting, hedge funds, CDO valuation, outsourcing, Indian taxation and accounting and financial analysis. (This is me - Update Profile)


Employment History

1989 - present
Principal, Owner, Nitish Grover and Associates
1988 - 1989
Assistant Manager, Finance, EICHER MOTORS LIMITED
1984 - 1987
Assistant Manager, Price Waterhouse,

GLG NewsSM Analyses by Nitish Grover, FCA, AICPA Intl Associate(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

The Fair Value Debate - The Political Imperative - A Exercise in Futility?

November 19, 2009

Nitish Grover, FCA, AICPA Intl Associate, Principal, Owner, Nitish Grover and Associates

Accounting Rules:Divided and Overruled | www.economist.com

Fair value has been in the news for sometime. Also banks are now complaining and so are regulators and politicians. The convergence issue and the impact of a far off standard setter not subject to local influence is having its effects on the debate. In this analysis I look at why fair value shouldnot...

The Economic Downturn and Revival - Challenges for Accountants and Auditors

November 12, 2009

Nitish Grover, FCA, AICPA Intl Associate, Principal, Owner, Nitish Grover and Associates

Failed financial firms:The bust that worked | www.economist.com

The referred article speaks of  the bankruptcy reorganization plan of  one Institution. In this analysis I  take the referred Institution as a  referral point to examine/highlight the challenges which accountants and auditors will face in their stewardship and  attest function.

Accounting and The Gold Price - Fair Value - Valuation Problems to be Expected

November 4, 2009

Nitish Grover, FCA, AICPA Intl Associate, Principal, Owner, Nitish Grover and Associates

Gold Price Tops $1090 for First Time | economictimes.indiatimes.com

As the price of gold rises on a week on week basis  one can expect to see ramifications in the accounting arena. There are a number of  investment products sold in the market which are linked to the price of  gold and its physical holding. In this analysis I look at the nature of  problems to be expected ...

Working Capital - Internal Audit and Control - Accounting Standards

October 30, 2009

Nitish Grover, FCA, AICPA Intl Associate, Principal, Owner, Nitish Grover and Associates

A Crash Course in Working Capital | www.cfo.com

The referred Article speaks of  the importance of working capital, internal audit and  proper financial statement and how these interact to provide a proper business growth environment. In my analysis below I give my thoughts on these aspects.

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GLG Live Meetings with Nitish Grover, FCA, AICPA Intl Associate(?)

Nitish Grover, FCA, AICPA Intl Associate has not participated in any GLG Live Meetings.

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