Articles by P.R. Sethuraman

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

Posted by P.R. Sethuraman 28 August 2018 4588 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 08 August 2018 10057 Views

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

Pre Budget Pitch-2018

Posted by P.R. Sethuraman 24 June 2018 6344 Views

The Budget 2017 was unique in several respects. It was for the first time the presentation of budget was advanced to the first of February so that a road map is...

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

Posted by P.R. Sethuraman 11 April 2018 3604 Views

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

Chapter IX On Accounts of Companies

Posted by P.R. Sethuraman 03 February 2018 15754 Views

The Companies Act 2013 vis a vis Amendment to the chapter (Sections 128 to 138)

Role of Key Audit matters

Posted by P.R. Sethuraman 22 January 2018 8496 Views

Role of key audit matters (KAM) (SA 101)

Internal Financial Control

Posted by P.R. Sethuraman 09 December 2017 28283 Views

The first and foremost duty of auditors with regard to Internal Financial Controls over Financial Reporting is to see and get satisfied as to the framework set in place as specified in the Guidance Note and as �declared in Directors

Ind AS 108 on Operating Segment

Posted by P.R. Sethuraman 06 November 2017 37708 Views

This Accounting Standard shall apply to companies to which Indian Accounting Standards (Ind. ASs) notified under the Companies Act apply.

Ind AS transition - A pleasure though under pressure

Posted by P.R. Sethuraman 18 August 2017 4209 Views

Any pleasure issues out of pressure. The first delivery of a just married couple is full of expectation and hope, not only for the couple graced with but also f...