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Articles by P.R. Sethuraman

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Audit Report - What is'true and fair view?'

Posted by P.R. Sethuraman 11 March 2019 25312 Views

The present formats of the audit reports are primarily guided by the relevant SAs:



Impact of Ind AS 116 on Leases - When it is Operative

Posted by P.R. Sethuraman 29 January 2019 7590 Views

Introduction: Ind. AS 116 on Leases



Role of nominee directors in the board of joint stock companies

Posted by P.R. Sethuraman 21 January 2019 7717 Views

Introduction:The shareholders of joint stock companies are too many and are drawn from through



Equity share capital and Balance Sheet

Posted by P.R. Sethuraman 09 January 2019 31132 Views

Introduction:A glance through of the Ind. AS will highlight a hell of a difference of treatment of Equity share Capital from IGAPP as well



Questions deserving attention by ICAI, MCA and RBI

Posted by P.R. Sethuraman 10 December 2018 4342 Views

Introduction:There appears to be a conflict of approach among ICAI, MCA and RBI among Five issues raised in the Tabular Format underneath along with the require...



Queries deserving attention for consideration for Auditors

Posted by P.R. Sethuraman 17 November 2018 4125 Views

Merited attention is invited to Para D 8 of Ind. AS 101 - on First Adoption of Indian Accounting Standards. Clause (b) of Para D 8 of the above said Stand



A cakewalk on October amendment to Schedule III

Posted by P.R. Sethuraman 25 October 2018 17000 Views

A cakewalk on recent Amendments (11th Oct 18) to Schedule III (Division I & II) and considered induction of Division III ear marked for NBFC under the crux of Ind AS



A case for relook by RBI for a pointed mechanism to address fraud

Posted by P.R. Sethuraman 11 April 2018 3600 Views

A Case for a relook by RBI in the presentation/ disclosures in the Balance Sheet and for a pointed Mechanism to address frauds



Cost price value estimate & the part played by Fixed Cost in the fixation of price

Posted by P.R. Sethuraman 01 March 2018 4577 Views

Cost is a fact incurred in producing and maintaining; and determined from the producer's perspective to find out the cost of production in monetary terms so



Chapter X on Audit and Auditors

Posted by P.R. Sethuraman 09 February 2018 10050 Views

The Companies Act 2013 vis a vis Amendment to the chapter(Sections 139 to 148) Introduction:Any amendment is to �mend&rsquo




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