Articles by P.R. Sethuraman

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DPT-3 still requires clarification

Posted by P.R. Sethuraman 28 December 2019 5407 Views

Introduction:The purpose of the article is not on examinatio

Risk in Life and in Accounts

Posted by P.R. Sethuraman 10 December 2019 7641 Views

A commerce student called Sethu moved to a new city for his graduation. His first lecture in his new college was about Accounting Risks. After the class got over one of his classmates posed a question. This is how Sethu made an effort to break the ice by participating in the discussion with his new classmates. Here is an excerpt from their discussion.

Build, Operate, Transfer

Posted by P.R. Sethuraman 12 September 2019 21038 Views

It is easy said than done owing to intricacies of financing and funding of the road building of the magnitude today required.

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

Posted by P.R. Sethuraman 28 July 2019 7598 Views

Introduction: Ind. AS 116 on Leases

Role of nominee directors in the board of joint stock companies

Posted by P.R. Sethuraman 20 July 2019 7724 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 08 July 2019 31180 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 08 June 2019 4354 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 16 May 2019 4143 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 23 April 2019 17007 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