Srikant  Datar Professor (MIT University)

I am Srikant Patel. I am a professor of Accounting in MIT University, a post-graduate with distinction from the University of Mumbai. I received various gold medals upon post-graduation from the Indian Institute of Management, Ahmadabad, and the Institute of Cost and Works Accountants of India. I am a Chartered Accountant and completed master’s degrees and Ph.D. from Stanford Universities.

Major Interest Areas –

Financial Reports, Cash Basis Accounting, Earning per Share, Forensic Accounting, Job Costing, Lean Accounting, Money Measurement Concept etc

 

Auditing, Accounting Basics, Cost Accounting, Financial Accounting, Managerial Accounting, Accounting Standards, Taxation, Finance Basics, Corporate Finance, Risk Management

McFarlan Shantz Charted Accountant (C.A.) Rating:4.5/5

Francois Adam Masters Degree Rating:4/5

David Anderson Post Graduate Rating:4/5

Search Results
Audit risk AUDIT RISK As we have seen many parties rely on the audit opinion to make decisions, and therefore it is now a well established fact that if the auditor giv
Documentation list of assets
Amortization and impairment Amortization and Impairment Amortization - capitalized costs would be amortized to reflect the pattern whether the related economic benefits are identifi
Joint auditor advantage and disadvantage of joint auditor?
Proxy if a proxy is voted as per his judgement other than member prescribed to him... what is the action to be taken?
Bank - cash and bank balances Bank - Cash and Bank Balances The major concern in this area is to establish the existence of the balances and more currently due to failures in some finan
Long term contracts - audit process Long Term Contracts - Audit Process The authoritative document with reference to long term contracts is IAS 11: Construction Contracts and IAS 18: Revenue
When does an audit trail start Question: Explain the type of audit conducted by the sponsor when he suspects or comes to know that the site will be audited by FDA. A Mention type of au
Reference to an expert in auditor’s repo... Reference to an expert in auditor’s report When issuing an unmodified auditor’s report, the auditor must not refer to the work of the expert. This is becaus
Final review of the financial statements... Final Review of the Financial Statements The work we have considered so far has shown which the auditor first gathers facts that the enterprise and the env
Inter-related components of internal con... Part A: What are the five inter-related components of internal control? Briefly discuss them. Part B: A file maintained by the Accounts Department
I dont understand Ask qub) How might financial incentives in the form of client services unconsciously introduce auditor bias into the independent audit function? Give some speci
Financial statements rely Financial Statements Rely All Financial providers people must be sure that the financial statements can be relied upon. It should be noted that: 1. The aud
business risk and control What is business risk and what controls should organizations have in place?  Business Risk and Controls Business or operational risks related to the ac
Distinguish between analytical procedure... what difference between risk assessment procedure and substantive procedures? could you please provide some examples on each procedure?