India’s listed universe has been expanding at a rapid pace. The longer tail of well-capitalized companies has created an inevitable demand for expertise in identifying good companies. Importantly, like other markets around the world, India has its own burden of financial shenanigans. Understanding forensic methods to assess accounting quality is an essential learning outcome for investment decision makers. Saurabh Mukherjea, CFA, CEO, Ambit Capital, will share his rich insights on how accounting books in India can be managed to mislead. Saurabh's intuitive framework is a comprehensive screening tool for decision makers to stay away from companies with weaker accounting practices.
Saurabh Mukherjea, CFA, is CEO of Ambit Capital. Prior to joining Ambit, he co-founded an equity research firm, Clear Capital, and also successfully built the equities business for Execution Noble in India, right from its inception. “Voted as the No.1 Strategist in India in 2014, 2015 and in 2016 by Asiamoney, Saurabh has played a crucial role in transforming Ambit into one of the most successful brokers in India. Under his stewardship, Ambit has been ranked by Asiamoney as the ‘Most Improved Brokerage House in India’ for five consecutive years. In 2016, Ambit was also rated as the ‘Most Independent Brokerage’ in India."
Saurabh, author of bestsellers Gurus of Chaos and Unusual Billionaires, also contributes monthly columns for Outlook Business and VC Circle; additionally, he writes several pieces for newspaper editorials. Saurabh has a BSc and MSc from the London School of Economics, London, UK, and is a CFA® charterholder.
Shreenivas Kunte, CFA, (Moderator) is a director of continuing education and advocacy at CFA Institute. In this role, Shreenivas contributes to thought leadership in the investment profession. He writes on investing topics in leading publications and represents CFA Institute at conferences and forums. Shreenivas serves as an external research scholar at the Indian Institute of Technology Bombay. Prior to joining CFA Institute, Shreenivas worked as the country trading strategist for Citi. He holds a degree in computer engineering from Mumbai University.