Book-Volume-1

Sri T.N. Manoharan conferred with Padma Shri award by Government of India

Sri T.N. Manoharan

The Government of India named Sri T.N. Manoharan the first accountancy professional from Tamil Nadu to be conferred with the Padma Shri award. Manoharan is based out of Chennai, India and was recently appointed as a board member of the scam-hit Satyam Computer Services and later made as its chairman before the company was taken over by the Mahindra group. He is a distinguished professional and has several acheivements to his credit. Son of T.L. Narayana Chowdhry, a 93-year-old a freedom fighter, Manoharan, 52, is a partner in Manoharan Chowdhry Associates. He is also the past president of the Institute of Chartered Accountants of India (ICAI).

Padma Shri is an award given by the Government of India generally to Indian citizens to recognize their distinguished contribution in various spheres of activity including the Arts, Education, Industry, Literature, Science, Sports, Medicine, Social Service and public life. It stands fourth in the hierarchy of civilian awards after the Bharat Ratna, the Padma Vibhushan and the Padma Bhushan. On its obverse, the words “Padma”, meaning lotus in Sanskrit and “Shri”, in Devanagari script, appear above and below the lotus flower. The geometrical pattern on either side is in burnished bronze. All embossing is in white gold.

‘Accounting for Investments’ blog congratulates Sri T. N. Manoharan on being conferred with the Padma Shri award.

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Accounting for Investments – Equities, Futures & Options – Part-1 Video

by R. Venkata Subramani

• Accounting for Investments – Equities, Futures & Options - is the first volume in this series published by John Wiley & Sons. This video gives an overview of the contents of this book. This is the first part of a series of videos that would cover the contents all the chapters in great detail.

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R. Venkata Subramani

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Interview in Financial Express Newspaper dated 26th September 2009

by R. Venkata Subramani

The global financial crisis has underlined the need for responsible corporate governance. Many of the nuances are explained in R Venkata Subramani’s latest book Accounting For Investments: Equities, Futures and Options published by John Wiley and Sons. A chartered accountant by profession, Subramani is the chief operations officer of Chennai-based Variman Capital Markets Services and is responsible for valuation and accounting, partnership allocation and accounting for companies. He has also taught at the Institute of Chartered Accountants of India and the University of Madras. Subramani in an interview to FE’s Saikat Neogi explains the changes in the accounting process after the global slowdown, credit default swaps and peer review of accounts.

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Book review in Business Line (The Hindu Group)

by R. Venkata Subramani

The book should be a handy reference for accountants because it deals with `the entire life-cycle’ of the different financial assets, and is replete with examples that drill down to details such as journal entries, general ledger accounts, trial balance, income statement, and balance sheet. More importantly, the book aspires to fill `the knowledge gap’ between the technology people and the finance professionals, in projects concerning the specialised field of investment accounting.

Recommended addition to the CAs’ shelf.

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Foreword by Mr. T. N. Manoharan

by R. Venkata Subramani

Mr. R. Venkata Subramani is a learned person, having immense knowledge and expertise on the matters dealt with in this book. The benefit of his hands on experience and in depth practical exposure is reflected in the illustrations given in the various chapters of this book. With the tremendous growth witnessed in the Investment Banking Institutions, Hedge funds and several other financial institutions, this book will become handy for understanding and capturing the entire trading process of the financial instruments. The author, Mr.R.Venkata Subramani, is also known as a ‘Technology wizard’. Consequently, the lucid exposition that he has adopted would help automating the system of proper accounting of the entire trade cycle of each of the financial instruments.

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Review by Sri M. S. Ray, ED, SEBI

by R. Venkata Subramani

Accounting treatment of financial instruments is a highly complex subject Efficient handing of this subject requires in-depth knowledge of the intricacies of various financial products, accounting standards and practices relating to such products and tax laws governing these products. Mr R. Venkata Subramani, being a professional Chartered Accountant of long standing, has brought in his [...]

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Review by Yoshio Nakayama, Director, Professional Service, Calypso Technology Inc, Japan

by R. Venkata Subramani

R. Venkata Subramani is a brilliant author with many years of hands-on experience in financial accounting field. Accounting for Investments was created from his efforts to teach future accountants and anyone working in the world connected with investment and financial accounting today on how to see accounting from a new and easy angle. Never has [...]

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Review by Prof. (retd.) Girish G Yajnik, South Carolina, USA

by R. Venkata Subramani

This handbook provides a basic foundation with deep insight into the current global economic and financial crisis. The author has effectively employed a user-oriented approach to illustrate the complex mechanics of financial accounting for investments in a dynamic, volatile environment. With clear writing and pragmatic yet detailed guidance, this is a good resource for a [...]

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Review by Sri V. Ranganathan, Partner, Ernst & Young

by R. Venkata Subramani

In the current unprecedented and volatile economic environment which owes much of its malaise to the financial and banking sectors’ behavior, a comprehensive guide to accounting for investment and financial transactions is a very timely addition to the existing literature on this branch of accounting. This book provides a clear understanding of the intricacies [...]

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Disclosures – Summary

by R. Venkata Subramani

If the equity securities classified as available-for-sale are sold, then the realized gain/loss on such sale is transferred from the other comprehensive income (OCI) to the income statement and an entry is recorded to that effect. When the equity securities are transferred from trading securities to available-for-sale category, then the gain/loss recognized as unrealized should [...]

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