Jayaraman Rajah Iyer, Chartered Accountant (ICAI, New Delhi, 1966), has a unique insight into major changes in accounting, culled from experience with firms across the globe. He interned at Hindustan Lever (1966) and held key positions at Automobile Products of India (API) and Mafatlal Services. As Forestry Operations Accountant at Wimco (1972), he introduced “Likely Ultimate Cost.” In 1977 he was General Manager of ITI, Lagos, Nigeria. Sir William Castell, who later became Chairman of the Wellcome Trust, selected him to join the Wellcome Foundation, UK, specifically to set right the dysfunctional accounting at Wellcome, Nigeria. During the 1990s he was engaged in corporate consulting. He had been visiting faculty at SIES School ...
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