Financial Daily from THE HINDU group of publications
Friday, April 11, 2003
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OPINION

ACCOUNTING STANDARDS


To break auditor-management nexus...
SEC lays first brick of Chinese wall

By stipulating that directors who sit on a company's audit committee must come from outside the firm, the US SEC is trying to create a parallel and presumably independent structure on the board, headed by the nominee directors who, in turn, would ove rsee the functioning of the outside auditors. More

EDITORIAL


Tread with caution
THE INDIA-SINGAPORE ACCORD to work towards a Comprehensive Economic Cooperation Agreement (CECA) is the result of the recommendations by the joint study group set up by the two countries last year to improve trade and other ties between the two ... More

POLITICS


Iraq: The uncertainties ahead
The US has decided that as the victor it should call the shots in Iraq, and the country is to be governed by serving and retired American diplomats, military officials and security experts. While Iraqis may accept such an arrangement initially, thei r resentment could quickly turn violent should the impression grow that the main Washington aim is to secure a long-term presence in the country and to profit from its oil resources, says G. Parthasarathy. More

Lawrence of Iraq
SO there was Saddam Hussein having a quiet sappad with his sons and buddies in a downtown Baghdad restaurant when the Americans dropped three 200-tonne bombs on his lamb kebabs. I guess it is one way of re-arranging the décor, and ... More

Man of the War
IF there can be a Man of the Match in cricket, why not a Man of the War? On March 20 itself, when the war in Iraq started, courtesy the US, I decided to father a new tradition — of selecting a Man of the War from among the many deserving as ... More

INTERVIEW


`For LTTE, federalism means confederalism' — Mr Jehan Perera, Director (Research and Media), National Peace Council of Sri Lanka
WITH both the Sri Lankan Government and the Liberation Tigers of Tamil Eelam having virtually no option but to stay within the peace negotiation, the talks are on track, says Mr Jehan Perera, Director (Research and Media) of the National Peace ... More

LETTERS


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    Pick a Winner Stock Market Contest

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    To break auditor-management nexus...
    SEC lays first brick of Chinese wall


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    In Focus
    Run-up to Budget
    Kelkar Report
    Bottled water: How safe is it?
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Housing Fin. rate war: Bonanza for consumers!
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Mar. 30-Apr. 5
    Tamil Nadu Budget — A bold reformist stance

    Financing the value chain in agriculture

    Sweet Plan, ambitious target

    Of `pauses', rhetoric and messy wars

    Will the dollar be evergreen?

    Food and Fertiliser subsidies — Major drag on farm sector growth

    Invasion of Iraq and Law of Fist

    Will the war serve US interests?

    `India has all interest in Lanka peace' — Mr Lakshman Kadirgamar, former Foreign Minister of Sri Lanka

    Spreading democracy by the sword


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