GOVT AMENDS ACCOUNTING  NORMS  FOR DEPRECIATION

Providing more clarity for companies , the Ministry of Company Affairs has made significant changes of norms for determining depreciation of assets . The new Companies Act emphasizes on the concept of USEFUL LIFE of assets . The requirement will be mandatory for all finacial statements with respect to fiscal  starting on or after APRIL 1 , 2015 .

I offer my services in computing of USEFUL  EFFICIENT lives of all types of assets in case , companies use values that are different from the schedule II as such variations have to be certified by independent technical person .

I have carried out useful life certification of following companies ,which have been accepted by their auditors including leading audit firms such as PwC /kpmg 

1. Samsung India Electronics Private Limited, Gurgaon

2 .Shriram Pistons & Rings Limited

3. Sona Koyo Steering Systems Limited 

4. Usher Agro Limited

5. VMWARE SOFTWARE INDIA PVT. LTD., Bangalore

6. Samsung R&D Institute India Bangalore Private Limited

7. SAMITECH  ELECTRONICS PVT. LTD. 

8. INFO EDGE ( INDIA )  LTD

9.  DEE DEVELOPMENT ENGINEERS LTD

10. GlobalLogic Technologies Ltd. (GTL)

11.  GlobalLogic India Limited (GLI)

12.  Globalenglish India Private Limited, Bangalore