The main objective of the present research study is to
survey the prevailing practices of an AC disclosure made
by the corporate-sector in India over a four year period
from 2005-06 to 2008-09. Accordingly, the sample-size of
the present study consists of top500 listed companies from
India in terms of their market capitalization, as on March 31,
2008. The annual reports and other relevant information of
the selected corporations were obtained from the database
provided by SANSCO—Annual Reports Library Services
(www.sansco.net).