The Foundation on a priority basis would undertake the following projects:

• Paradigm Shift in Accounting Practices of Local Bodies and Panchayats - A Move Towards Modern Accounting and Financial Reporting.
• Fiscal Law Administration - Concept of Accountability.
• Taxation of E-commerce Business.
• Framework for National Income Accounting.
• Convergence of Information Technology with Corporate Governance.
• Framework of Government Accounting System for Better Accounting, Accountability and Disclosures Practices.
• The Structure of Accounting Profession in India - Its Future in WTO Regime.
• Ethical Standards for Professional Accountants/Auditors - A Study of Global Standards including Indian Standards.
• Considerations in Deciding Accounting Policies by Listed Companies.
• Effect of Accounting Information in Published Annual Reports on Movement in Share Prices.
• Extent of Compliance with Accounting Standards - A Study.
• Issues on Accounting from Small and Medium Enterprises’ perspective.
• Investment Decision Models of Retail and Institutional Investors - Use of Accounting Information.
• Current Risk Management Practices by Indian Companies.
• Current Risk Management Practices by Banking Companies and` Financial Institutions.
• Accounting Standards - Expectation Gap.
• Goods & Services Tax - Proposed reforms.
• Special Economic Zones (SEZ).
• Corporate Fraud - Early warning signals in preventing corporate frauds in public and private sectors.
• Topic relevant to Members-in-Industry.