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Archive for the ‘Blogging’ Category

Management Accountant moves to www.managementaccountant.in

Tuesday, September 30th, 2008
Management Accountant which was earlier http://managementaccountant.blogspot.com has moved to its own domain www.managementaccountant.in . You will be able to access the blog same as before.

The technical changeover is seamless since Management Accountant blogs on the blogger. I had moments of challenge when I had changed the setting in the domain name control panel. Now I am delighted with the new home www.managementaccountant.in.

The first post was published in Management Accountant on 25th Nov 2006 “Best Practice Managerial Accounting with MySAP ERP Financials“. Then there has been series of articles published that would help the Management Accountants and the aspiring ones.

Few statistics I would like to share with you (readers) about the Management Accountant Blog.

Top 10: Most Read pages on The Management Accountant Blog

  1. Home Page
  2. SAP FICO Interview Questions
  3. Profit Smoothing
  4. Throughput Accounting
  5. SAP FICO Certification Questions 1
  6. SAP FICO Certification Questions 3
  7. SAP FICO Certification Questions 2
  8. SAP or Oracle Financials - which one should I do
  9. Choosing an Accounting Qualification
  10. Cost Audit Awareness in India

Top 10 key words search that leads to The Management Accountant Blog

  1. Profit Smoothing
  2. Throughput Accounting
  3. sap fico interview questions
  4. Learning curve theory
  5. sap interview questions
  6. Management Accountant
  7. IFRS8
  8. fico interview questions
  9. sap fico faqs
  10. Accountant Goals

Top 5 countries where readers of the Management Accountant reside

  1. United States
  2. India
  3. United Kingdom
  4. Australia
  5. Canada

Top 10 My Favourites

  1. Activity Based Management - Dispelling the myths
  2. Resistance to Change
  3. Goal setting your career
  4. Porter’s diamond
  5. Honda 50cc imposed strategy
  6. Strategic Drift
  7. Profession vs Professionalism
  8. How to identify a blind spot in your career
  9. Networking and how to use social networking sites
  10. Cost of buying information

Quite often I have received emails from the readers of the Management Accountant blog, about what accounting qualification they should pursue, where to do SAP training and certification and how to set up a website or a blog. Some of the topics are based on the questions posed to me by the readers. Keep writing to me so that I can help you.

The more you participate in various forums, the more you know about the needs and requirements of the professionals. CMA India Portal is one of the outcome of such endeavour where the ideas were discussed with management accountants and portal has been designed to fulfill the networking needs. This portal helps in sharing experiences and exchanging ideas.

Management Accountant Blog has achieved a google page rank of 4/10. All the credit goes to the readers of the Management Accountant blog. On my New Year Resolution, there is a quote

Life is like having a cup of tea.
You sit by the side of the window, lift the cup and take a careless sip,
Only to realize, somebody forgot to put the sugar.
Too lazy to go for it you somehow struggle through the sugarless cup.
Until you discover un-dissolved sugar crystals sitting at the bottom…

With Regards,

Santosh Puthran

What is a RSS Feed ?

Wednesday, May 28th, 2008
Raj asked me following questions:

  • What is the difference between Stumbleupon and SPOCK?
  • What is meant by Feed,in one of your article you mentioned about RSS Feed.
I believe that most of the readers of Management Accountant Blog will have similar questions.

Stumbleupon: If you want to buy a TV, you will look for an expert guide on the features, price, competition analysis, ratings and so on and forth. And then you decide which one to buy. However, now a days, you will look for the reviews made by the ordinary users who have bought the actual product. More the reviews you are better informed to make decisions. Stumbleupon works on same concept. Click here to know more

Easy to Use, Community-based surfing:

The StumbleUpon Toolbar is integrated with the user’s browser to allow for one-click access to quality web sites. A simple 2-level rating system gives users the opportunity to pass on or give their opinion on any webpage with a single click. These ratings also connect people sharing unique combinations of interests. Stumblers share their favorite web sites and interact with other users to further improve their web surfing experience.

Spock: Spock is the first editable search engine for finding people on the web. You may be participating in lot of forums and are in the news quite often. All these information are fragmented.

E.g.

  • You have blog or a website,
  • Professional network using linkedin,
  • Have your Accounting Firm’s website
  • Actively participate in a photography discussion forums
  • And you are in news for doing a promoting your profession.
The people who know closely only know about you. Spock will help people to know about you. with a search on the internet. If you are a accountant or Consultant in practise then Spock is one of the best way to promote yourself. Click here to know how it works.

What is meant by Feed ,in one of your article you mentioned about RSS Feed.

There are two short videos that explains how RSS functions

Google Reader - Introduction

RSS Feeds - Introduction

Not able to view above two videos. Click here to view them

Don’t forget to subscribe to the following feeds. The feeds are driven updates from informative sites.

Subscribe to RSS Feeds and be up-to-date

  1. Management Accountant
  2. Accountancy News
  3. My Favorite Blogs that I track
  4. SAP Jobs & Opportunities
If you have any questions, please comment on the blog or write to me, I will try to address them. The questions that you have may also be relevant to other readers of the Management Accountant Blog.

Regards,

Santosh Puthran

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SAP Store, UK

Visit MA Stores ? You will find something you are looking for ….

Management Accountant Store, US - Powered by Amazon
Management Aaccountant Store, UK Stores - Powered by Amazon, UK
Digital Store, US

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  9. Red Monkey Innovation
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  14. Home

Subscribe to RSS Feeds and be up-to-date

  1. Management Accountant
  2. Accountancy News
  3. My Favorite Blogs that I track
  4. SAP Jobs & Opportunities

How to Share Blog Posts

Sunday, May 25th, 2008
You have been reading Management Accountant Blog and receiving updates via email or RSS feeds. Have you looked at the options of sharing the posts to your friends or professionals in Accountancy. This would make the Management Accountant Blog richer and interactive when people start to discuss articles, give opinions and view points.

Here are few tips how you can share the articles of Management Accountant Blog with your friends

  1. ShareThis Prairie Air Show. On the footer of every post, there is an icon ShareThis, that helps you share the post with your friends by email or recommend it to social network sites like Digg, stumbleupon, technorati, myspace and many more. The add-on makes your life easy in sharing the posts.
  2. SezWho: Your rating on the blog will definitely help me to improve the contents on the blog. Moreover, if you are a blogger or website owner, you should install sezwho add-on your website. To demonstrate hover the cursor on check me out in this post below. You notice the posts and comments of the commentor. The more you rate posts, more people are going to know about you.
  3. Stumbleupon: Stumbleupon addons on your browser lets you share informative and interesting website you stumbleupon with your friends by click. Similarly updates from your friends are visible to you. Firefox AddonsWhenever I get bored and have nothing to do, then I start clicking on photo and video icons on the tool bar. I must admit, it shows me the best photos and videos people have stumbleupon across the world. Add me as your friend on http://talk2santosh.stumbleupon.com and share Management Accountant post with your friends.
  4. Digg: This website has most number of users who are actively “Digging”. They are interesting, informative and funny. DiggYou can customise your Home Page to your preferences and read the popular sections. Click here for Firefox Addon. Add me as your friend on http://digg.com/users/talk2santosh/friends/

I have consolidated the feeds that I regularly visit to updates myself to the latest happenings for the benefit of the readers:

RSS Feeds to keep you alive and up-to-date

  1. Management Accountant
  2. Accountancy News
  3. My Favorite Blogs that I track

When you click on the above links, you have the options to subscribe to it by email, google reader or my yahoo or any front page reader you use. This will help you remain up-to-date with accountancy, technology and sap jobs. I will update the feeds with more websites / blogs for the benefit of Management Accountant readers.

Last but not the least, I would request you to provide a feedback about the Management Accountant Blog on this link. Click here.

Keep rating and commenting. Enjoy reading the Management Accountant Blog.

Regards,

Santosh Puthran

Add to Technorati Favorites

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader


SAP Store, UK

  1. Instant Messenger at workplace
  2. RSS feeds - How it helps you to remain updated
  3. Cultivate Cool career in Blogging and Social Networking
  4. Knock, Knock - Opportunity
  5. How to use social networking sites
  6. iGoogle - Your friend, philosopher and guide
  7. How to overcome resistance to change
  8. Honda 50cc Bike - Imposed Strategy
  9. Red Monkey Innovation
  10. World’s 50 most innovative companies
  11. Resistance to Change
  12. Strategic Drift

www.sezwho.com - Ratings and Community add-on

Sunday, May 18th, 2008
I found the website www.sezwho.com as I was browsing www.blogcatalog.com. As I read about sezwho, I realised that this is website had perfect add-on to blend with the blog for readers to rate the contents. Rating and commenting on individual posts by readers of MA blog will help me to improve the contents of the blog and tune it for readers requirements.

What is SezWho ?

SezWho enables content ratings, universal contributor profiles, and reputation-weighted content discovery to be added to blogs, forums, message boards, user reviews, or any other place where readers and contributors interact. SezWho works with most social media platforms and it does not replace the site.s comment system or host any site content.

Readers can discover relevant and credible content, contributors gain a web-wide recognition for their efforts, and site owners can drive traffic while engaging their community.

I would request the readers of Management Accountant blog to comment on the posts and rate them. Your feedback will help me to enhance and improve the blog contents which in turn will benefit everyone of us. Moreover I will recommend sezwho add for your blog, if you are also blogging.

Regards,

Santosh Puthran

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader


SAP Store, UK

Are you looking for something ? You will find it in MA Stores

MA Stores, US - Powered by Amazon
MA Stores, UK Stores - Powered by Amazon, UK
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  6. Honda 50cc Bike - Imposed Strategy
  7. Red Monkey Innovation
  8. World’s 50 most innovative companies
  9. Resistance to Change
  10. Strategic Drift

Combined Code on Corporate Governance, UK

Sunday, April 20th, 2008

The Combined Code on Corporate Governance sets out standards of good practice in relation to issues such as board composition and development, remuneration, accountability and audit and relations with shareholders.

All companies incorporated in the UK and listed on the Main Market of the London Stock Exchange are required under the Listing Rules to report on how they have applied the Combined Code in their annual report and accounts. Overseas companies listed on the Main Market are required to disclose the significant ways in which their corporate governance practices differ from those set out in the Code.

The Combined Code contains broad principles and more specific provisions. Listed companies are required to report on how they have applied the principles of the Code, and either to confirm that they have complied with the Code’s provisions or - where they have not - to provide an explanation.

Source: Financial Reporting Council

The rule is principle based (voluntary) to encourage the companies to follow the best practises.

Path of Glory

Source: Path of Glory

As a finance professional do you any best practise for yourself. I feel the best practices for Finance Professionals would be:

  1. Follow the Ethics and Standards of your Accounting Body and IFAC.
  2. Participate in Workplace and Forum (both physical and virtual), question intelligently, debates constructively and challenge rigorously.
  3. Support Executives in their leadership of the business.
  4. Listen sensitively to the views of others
  5. Continually develop and refresh knowledge and skills. Share knowledge with others.
  6. Plan your work and deliver as per schedule.
  7. Actively Network with Accounting Fraternity and with the business.
  8. Set career goals and work towards achieving it.
  9. Promote myself as a professional so that people around and the world know that I exists. Volunteer for tasks that are challenging.
  10. Take 25 holidays every year and go places to see something new places. This is a good way not to get burn out by following the above 9 points. More important…. Have Fun.

Do you like to be updated in Accountancy ?

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A visa to a new world - Canary Wharf

Saturday, March 8th, 2008
Couple of weeks, I visited Canary Wharf which is considered to be the new thriving space in London. It is a vibrant business district with a wide range of shops, restaurants, pubs and wine bars, as well as healthcare and leisure facilities and an extensive arts and events programme.

Leading international companies enjoy the highest quality buildings, facilities and infrastructure within London’s newest business district.

Sharing some of the photographs (Enjoy the music when you play)

Click Webshots for view more

I posted some of the photos on Canon Photography Forum and response was


Nice work. Did any police officers or security guards approach you? I find I was being stopped about once every 20 minutes. Had to keep producing ID for some strange reason.

I enjoyed my time in photography without any hassles. Do make it a point to visit Canary Wharf, if you are in London.

Share your hobbies by replying to this post and any interesting experiences in pursuing your hobby.

Did you like the post ?
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Regards,

Santosh Puthran

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Cultivating a cool career in blogging and social networking

Sunday, February 3rd, 2008
I have been reading the book “Cultivating a cool career - 52 brilliant ideas for reaching the Top” by Ken Langdon. It is very well written book with 52 brilliant ideas on how to progress in your career.
Are some of Ken Langdon’s ideas relevant in blogging and social networking? Lets find out …

Idea 1: Face it, you are you and they are them

Take a positive, practical and sceptical attitude to your professional network. Don’t expect everyone in the network to notice you unless you start demonstrating that you have something better to offer them. Focus your blog on a niche area.

Idea 3: Make good suggestions loudly

At any point in the chaos, an opportunity can arise for you to make a sensible suggestion. You should actively seek them out and grab such opportunities. Read newspapers or internet articles that affect your profession. Send a reply with a copy on your blog.

Idea 12: Please Sir, can I have some more

To look for avenues to generate income is one of the key factors that motivate blogging and social networking. The more you start focussing on it, I bet, you will have a lot to learn from it. Look for the ways to monetise your blog and widen your social network. Warning: It is infectious !!!

Idea 13: Go on, give them a shock

Your network may consist of people who are working in different levels in organisations. As part of your campaign to gain high exposure, take any opportunity you can to introduce new information. If you surprise your network with new things, your blog will gain a dedicated readership.

Idea 14: Send an inside salesperson

Your blog is a selling document and the product it is selling is YOU.

Idea 26: What goes around comes around

Most people start networking when they are unhappy with their career. Too late! Put your network consisting of contacts to work at all times. You never know when someone you used to know comes around again.

in city centre

Idea 40: Be a dedicated follower of fashion

There is a delicate balance. So look around! What is the current trend relevant to your network?Start blogging on the topics of interest and current events.

Idea 46: Of course it’s risky

You may wonder, if I start a blog whether I will have a time to continue writing. Or whether I will have sufficient readers to my blog. Element of risk….but if something is not risky… where is the challenge and fun ?!!

The End ….. Or is it a new beginning ?

The book has 52 brilliant ideas to boost your career. I recommend you to read it and please do share your views with me.


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Regards,

Santosh Puthran
Management Accountant Blog

You may also like to read

Knock, Knock - Opportunity

Monday, January 28th, 2008

Knock, Knock. Who’s there? Oppurtunity!! Can’t be. Why Not? Bcoz Opportunity knocks only once.


I had a good laugh when I watched this video.

The lady tells, “If you type google into the google, you can break the internet.”

Type google into google and you will notice the results on the right hand corner 1800 million hits. This indicates that the word google is on 1800 million websites.

Now try search your name on google. E.g “Santosh Puthran” and check whether you are visible on any websites. If there too many people with your name, the try “Your Name ” Cost Accountant. Check the results and determine whether the results help you professionally.

So if you do not find yourself on google search, then it is time to be active on the web to promote yourself professionally:

  1. Create your profile on www.linkedin.com and connect with your colleagues and ex-colleagues who will help you to recommended.
  2. Participate in discussions of your accounting body both virtually (yahoogroups or discussion board) and physically in seminars / meetings. This will help to promote your presence.
  3. Social Networking sites like www.digg.com , www.stumbleupon.com and www.indianpad.com are very good. Find good topics for discussions and share it in the professional community.
  4. Start Blogging on what you specialise. Blogger and Wordpress are one of the best sites. Or if you are a practising firm, please maintain an up-to-date website.

The best things in the world are free on the internet. So why not use them to promote professionally.

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Regards,

Santosh Puthran
Management Accountant Blog

If you enjoyed reading this post, please vote it on Digg, and share it on Stumbleupon. I appreciate your support.

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Networking and how to use Social Networking sites

Sunday, January 13th, 2008

I have been stumbling upon good sites for the benefit of the readers of Management Accountant Blog. I happened to meet Mr. Murthy from Rajahmundry, AP. I liked the websites he had stumbledupon and submitted reviews on a couple of posts and so I spoke to him.

To my surprise, he volunteered to help me and provide me with a couple of tips for my blog. We chatted on messenger for more than 2 hours and his tips were very helpful. I hope this helps you too.

  1. Layout of the Blog should be simple. Fonts matter!!! Accountants like reading small fonts (may be because we are interested in details and numbers.)
  2. Create and promote your profile on http://www.linkedin.com/ , http://www.spock.com/ and http://www.stumbledupon.com/ The profiles will help you network with right people and build up your network. Professional networking sites like linkedin help you immensely.
  3. Search Optimisation Tips: Use search optimization to drive internet traffic to your website. Read more

His advice was very helpful and you must have noticed the change on my blog. Currently I am working my profile on http://www.spock.com/Santosh-Puthran-jKkU14H and sending invites to people who are in my address book.

Spock is a very powerful internet tool. Even if you have not created your profile on spock, it will recognise you from bio pages, social networks, news sites, blogs or directories. Take for e.g. Bill Gates, Ratan Tata, Tony Blair, Hillary Clinton, Barack Obama or Manmohan Singh.

Spock lets you determine where people can find you on the internet. When you sign up for Spock you can claim your search results and shape what information people see. Plus, when there is new information about you on the internet, Spock sends you an alert so you are always up to date. Signing up is free and easy - just click here.

How do I claim a search result?

To claim a search result on Spock, click “Claim Your Search Result” on the page. When you have successfully claimed your search result on Spock, it will be merged with your current search result, and will be tied to your Spock account.

I was pleasantly surprised when I saw my profile on Spock and I claimed it.

As a professional, how should I use professional networking tools?

  1. Linkedin and Spock will help you build up your professional network. Companies are reluctant to spend on advertising for any vacancies or professional work. Virtual networking will help you to progress in your career by connecting to the right people. Spock will help you link all your profiles and websites together. This will help people know you and your work.
  2. Plaxo : http://www.plaxo.com/ is a contact address management tool which is integrated with Outlook and Linkedin. You update your info, your friends update theirs, and everyone stays in touch! You should sync your mobile phone with Outlook to have your contacts handy. You never know when opportunities strike.
  3. StumbleUpon: Use stumbleupon to review good sites on the internet. You will always find people to subscribe to your feeds on stumbleupon if you are stumbling on good sites. Search your name on http://www.google.com/ and see the results. This will give an indication whether you are known on the internet. Then check whether you are linked to the professional network.
  4. Google Reader: I have found www.google.com/reader very useful to keep myself updated when I subscribe to feeds of good websites. You will always notice the word “RSS” or “Atom” on a website. Click it and subscribe to the updates from the website.
  5. Blog: I would always recommend you have your own blog to share professional updates or participate by commenting on websites or blogs. This will help people in your profession to know about you. The accountants who are in practise should always have their website and should blog or comment on important updates in business or taxation. This will help them to be known in business circles in the industry.

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Regards,

Santosh Puthran

Be my friend on Stumbleupon
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Sunil Bharti Mittal from Financial Times…

Wednesday, November 29th, 2006

This article is picked from Financial Times. For more details, please visit www.ft.com

Profile: Sunil Bharti Mittal
By Jo Johnson in New Delhi

Published: November 27 2006 08:48 Last updated: November 27 2006 08:48

One train can hide another, goes the famous warning sign at French railway junctions. The same might be said for Indian entrepreneurs. In a world agog at the success of steel baron Lakshmi Mittal, the Carnegie of the modern era, the extraordinary rise of his unrelated namesake, Sunil Bharti Mittal, chairman of Bharti Enterprises and the czar of Indian telecoms, has gone relatively unnoticed. That is about to change.

Whereas Lakshmi Mittal left India to build up his group overseas and is only now starting to focus on India, Sunil Bharti Mittal, 49, has done exactly the opposite. From an unassailable position of strength in the Indian mobile telecommunications market, where it has a market share of over 25 per cent, Bharti is not only itself going global but also becoming the partner of choice for Fortune 500 companies seeking to enter the Indian market.

Copyright The Financial Times Limited

This article can be found at:
http://www.ft.com/cms/s/4a4dcbbc-7dee-11db-84bb-0000779e2340,dwp_uuid=a6dfcf08-9c79-11da-8762-0000779e2340,_i_email=y.html