Vikas Sharma

Capital expenditure v revenue expenditure, and capital receipts v revenue receipts: the tests, the accounting treatment and common borderline items4 Oct 2026 Accounting concepts, principles and conventions: entity, money measurement, going concern, accrual, consistency, matching, prudence and materiality, each with an example4 Oct 2026 Framework for the Preparation and Presentation of Financial Statements (ICAI): users, underlying assumptions, qualitative characteristics, the elements, recognition, measurement and capital maintenance4 Oct 2026 Accounting Standards in India: the list from AS 1 to AS 29, how standards are set, who must apply them and how they differ from Ind AS4 Oct 2026 Lease or buy decision: comparing the present value of the cash outflows of leasing an asset with borrowing to buy it, with a worked example for a small service firm4 Oct 2026 Time value of money: present value, future value, annuities, perpetuity and a loan amortisation schedule, with a worked example for a business owner comparing two payment offers4 Oct 2026 Projected financial statements for a bank loan: building the projected profit and loss account, balance sheet and cash flow from a sales forecast, with a worked example for a small manufacturer4 Oct 2026 Swap ratio in a merger: working out the share exchange ratio on earnings per share, market price and book value, and what it does to each side's earnings, with a worked example for two private companies4 Oct 2026 Financial risk management for a business: strategic, compliance, operational and financial risks, counterparty, interest-rate and currency risk, and a simple risk register, with a worked example for a small manufacturer4 Oct 2026 Hedging currency risk for importers and exporters: forward contracts, cancellation and extension, and internal techniques such as netting, leading and lagging and invoicing in rupees, with a worked example for a small importer4 Oct 2026 Foreign exchange exposure for importers and exporters: reading a currency quote, forward premium and discount, and transaction, translation and economic exposure, with a worked example for a small exporter4 Oct 2026 Risk in capital budgeting: sensitivity analysis, scenario analysis, the risk-adjusted discount rate and the certainty equivalent method, with a worked example for a small manufacturer4 Oct 2026