Don’t wait. Do something
- If your home is on fire, would you wait for an invitation to leave your home?
- Will you consult the experts on the position of the heavenly bodies so that you can time your escape to perfection?
- Will you will update your FB status and ask your ‘friends’ for their comments and suggestions?
- Or, will you wait till the house is burnt and then carry a regret forever?
The answer is obvious. You will move the instant you know there is fire. If you wait, you will wait to rescue something precious…
Just completed reading this amazing compilation of the life journey of 6 CFOs — Maruti Suzuki, Tata Steel, Amazon India, L&T, Hindustan Unilever, and Aditya Birla Group
Why this is a must read for every finance student/ working professional is that it allows you to take a sneak peek into what goes into the making of a CFO, their personal and professional journeys. I have seen two of them from close corners and hitherto, knew so little about them. There was so much curiosity that got quenched through this book.
5 of the 6 CFOs covered here are CAs -drives…
CAs with a difference — #FeedOne keeps hunger at bay with a simple call for an extra meal
CAs with a difference -Prakash Kedia, Sunny Agarwal and engineer Manas Agarwal Nandan Pabolu studying grade 12 at Greenwood High International school. Having developed the tech platform for FeedOne and automating a majority of their diurnal processes with the addition of a couple of new features, I intend to pursue a computer science major for my undergrad. #FeedOne While feeding thousands may seem arduous and expensive, three chartered accountants and an engineer came up with a simple idea to make sure…
My first two stints post qualifying as a CA were to do financial modeling and operational performance monitoring for loss making entities in the companies that I worked for. Life was quite hectic as my work was always under the scanner, there were reviews by top brass scheduled and multiple scenarios — base, pessimistic, optimistic, with asset sale, without asset sale..
I was looking after the cash guzzlers and the entities that would potentially breach debt covenants
Every bps of margins mattered and thus cost workings were more granular
Discussions were about Loss After Tax bring lower than Loss Before…
I opted for Science stream in Class 11. Just because aspiring for IIT was a cult thing and CA seemed a bit cliched as an option. Everyone around was doing CA and I wanted to be different, Such an immature thought ( career choice must be in sync with your natural inclinations and not just what is hot in the market)
In 2 years, I realised that this wasnt what I wanted to do.
The teachers would explain the circular motion of a fan — v=rω ( r times omega)and I would wonder what is the costing of the fan…
Are there any benefits of doing CFA after CA
A lot of CAs spend their first salary on registering for CFA. This is because they might feel disenchanted by a role in Accounts, Audit and Taxation and want a sneek peak into the world of Investment Banking, Private Equity, Venture Capital, Equity Research Fund fund. Someone who lands up in a role in Product Control with a Goldman Sachs or Barclays feels that CFA will facilitate their shift to the desired field
But in India, can CFA be the primary driver…
As he stepped out of his home, in his new Merc E-Class, he expected that people in the neighborhood , who looked at him , would appreciate his hard work over the years and feel that he truly deserved it
But as human psychology works, most people on seeing a neighbour seated in a Mercedes, will instantly want themselves to be in that seat, ' Why not me - Why he ? I deserved it much more | Maybe life is so unfair 😢
Same when you see someone flaunting a Maldives vacation , someone writing about experience of raising…
The story dates back to ~200 BC era. In Takshashila, two students of Chanakya, who had been waiting for him, saw him arrive.
While walking towards them, Chanakya happened to step foot on a thorn. It pricked Acharya, who simply bent down to remove the thorn and throw it away. Instead of sitting down and resting his foot, Acharya Chanakya simply walked to a near shop that sold Mattha, a cold sweet drink made of curd (lassi). Instead of taking a sip, he poured the drink onto the nearby shrub.
Instead of cursing, Chanakya simply decided to destroy it…