GOLDEN WORDS for A CA Student: Must Read

Quote:  “One with Ego ‘Gone’

2. Always to think of a Rainy day and be prepared.

      Succession Plan to be developed during ones’ progress itself & not after progression.

Quote: “Nothing is Permanent

3. Build a Team of Human Resources in the Organisataion.

4. Internal Audit to be carried out by an External Firm of Chartered Accountants.

In-house department not to carry out Internal Audit.

5. Statutory Audit  - Documentation is not a substitute for Core Values of Auditing (Method of Approach & Modus Operandi).

Quote: “Business can have weaknesses

6. Corporate Governance - Every one occupying the public office is Accountable.

7. Courage of Conviction –

Quote: “One instance cannot be generalised”.

8. Accounting Principles do not apply to Individuals.

Quote: “ 100 good things to survive for one bad thing”.

Quote: “Greed can be dangerous & destructive”.

10. Most impossible things can be accomplished by a Noble Intention.