Divya Jain


Led the assignment of Ind AS-115 implementation over a period of 1 year along with accounting checks and controls in a listed company. Articleship exposure in internal audit and direct taxation. Handled internal audits independently for 2 years. And exposure in income tax return filing, submissions to The income tax departments, attended IT hearing with seniors. Also inclined towards learning GST. Inquisitive towards learning new things that are need of the hour.



Accounting and Financial Audit


Analytics and Automation



  • Name: Divya Jain
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Experience / Projects

Memberships / License / registration

ICAI Memeber-191493

Awards and recognitions

Qus : Is it ever possible to have negative amounts in the equity section of the balance sheet? Under what circumstances does that happen?

Divya Jain

It is possible to have a negative amount in the equity. Equity of a company comprise of the share capital and reserves and surplus. In case the reserves are negative and higher in negative number than the share capital, the company will have negative equity. Reserves will be negative when the company is suffering losses or loss of one or more years is higher than the total profit of one or more years.

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