Welcome to Accountancy Portal

Who will be a better Accountant - Shahrukh Khan or Aamir Khan ?

Wednesday, June 25th, 2008

Shahrukh Khan and Aamir Khan are two famous personalities in Bollywood. Both are equally successful and have a huge fan following. It depends upon what you consider success? Is it female fan following or fame or money. Never mind !!!

I am looking at the traits each one has. Then let you decide who will be a better accountant. Please use your imagination which one is more suitable to be a successful management accountant.

Shahrukh Khan

Mostly acts in movies that have contemporary themes.
Mostly works with a same set of people and makes movies with them and repeats the success.
He has a good PR and he tours around the world. All the tours are well publicized giving the details of what he eats, whom he meets and when he goes to sleep. This makes him known and people are interested in his next movie release.
He is approachable and gives frequent interview on TVs.
He started as a TV star. Sometimes he host TV quiz shows.
People know him very well since he acts in TV commercials. He makes good use of TV as a medium to maintain his popularity.
Sometimes experiments with movies with a different story and that gets him noticed.
Dances very well and challenges anyone to dance with him.

Aamir Khan

Some say he is a tough guy and he goes into minute details during movie making.
His movies are innovative, different, story oriented and at the same time convey social theme. More focused on reality.
He does not socialize and hates interviews.
He prefers that his work talks for himself rather than him.
He does not believe in awards like Filmfare but attempts for Oscars.
He can dance very well in movies but he does not tour or dance in shows. So general public do not know whether he is interesting or boring.
He makes few movies but they are blockbusters.
He always gives opportunities to new people in his movies and repeats his success with new set of people.

Aamir and Sharukh Khan are successful personalities in Bollywood. To summarise the traits above are leadership style, team management, self promotion, work and standards/ethics. Both the actors are successful using these traits to a different degree.

Please vote on who will be a successful accountant in a corporate environment depending on the traits they display.

I would like you to use your own imagination in making your choices and also add comments on the blog post. Looking forward to see your vote and comments.

Don’t forget Rate this Blog post.

Regards,

Santosh Puthran

Join us

Do you like to be updated in Accountancy ?

Get updates by Email in your inbox
Or
Subscribe in a reader

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

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

You may also like to read

Posted in Poll, Social Networking, Wits and Speech | No Comments »

Firefox How do they make money

Thursday, June 19th, 2008

I downloaded Firefox 3 yesterday . I and am very happy with the improvements Mozilla has made to the browser (more than 15000 to be precise). Over 8 million downloads has been made in 24 hours. Let’s see whether it becomes a world record.

Yesterday, I downloaded the add-on Feedly and it provides a wonderful browsing experience to read all my RSS feeds in one window like a magazine. You should have a iGoogle account. to use Feedly since it gets data from your igoogle settings.

I wondered how free software like Firefox, Digg, Snurl make money or fund their projects ?

I searched on google and found answers:

Firefox

Mozilla Corporation makes all that money because of the Google Search box on the top right. If you search with that box (which I do all day long) and you click on the Google ads on the results page Firefox gets ~80% of that. They also have Amazon in the search box, and other services that I’m sure kick them back some affiliate fees. Brilliant.

Source: Calacanis.com

Digg.com

It’s speculative math, to be sure, but let’s take a whack at it. The CPM (cost per thousand displays) rates for Digg’s new design are $16 for 728×90 leaderboards, $14 for 120×600 skyscraper positions, and $9 for 125×125 blocks. The 125×125 slots often seem to be filled by Google AdSense ads, which will probably monetize at a slightly lower rate than $9 per thousand displays - but not much lower, given Digg’s tech-related topics. So let’s say $6 CPM for the 125×125 spots. Simple maths is $ 800k a month.

Source: Blogprofit.net

Google has been the main driver to the development of the open source software. You may also see that most of the websites running google adsense.

You will also notice that free software vendors have their own stores … mainly selling T-shirts, caps or cups with logo printed on it. The cost of the T-shirt with $ 15 which is equivalent to one year subscription of any anti-virus software. So you buy it, you are funding the software !!! Visit some of the stores.

The revenue model for the business has changed. No direct selling of software. More the number of users for the product, more the advertisers and sponsors.

Imagine if put this as a case study to Accountants whether this model is ethical or not, the arguments would swing both ways !!!

I feel that any business to be successful has to have a good revenue model. A good stream of funding will make the entrepreneur direct his time and energies for the business to be successful.

Please leave your comments and rate the blog post.

Regards,

Santosh Puthran

Be a Fan

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader

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

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

You may also like to read

Next Blog post “Business, Customer Value, Cost and Management Accounting” by CMA Devarajan Swaminathan.

Subscribe to RSS Feeds and be up-to-date

Posted in Management Accountant, Poll, Technology | No Comments »

Poll : Does CIMA, UK qualification add value

Sunday, April 13th, 2008

Poll : Does pursuing CIMA, UK qualification add value to a member of ICWAI, India ? Vote on the poll and share your thoughts by commenting the blog.

Poll: Vote here

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader

India and China

Saturday, April 12th, 2008

There is an article on Daily Mail, UK “Why China is the REAL master of the universe ?” by Anthony Brown emphasises

“The global power shift from the West to the East is no longer just a matter of debate confined to learned journals and newspaper columns - it is a reality that is beginning to have a huge impact on our daily lives.

After a long hibernation, China, and her 1.3 billion people - twice the population of the U.S. and EU combined - is awaking almost overnight.

And not just China. The world’s second most populous country, India, is industrialising at a historically unprecedented pace.

The economic explosion of China, and to a lesser extent India, has given them an almost overpowering hunger for raw materials with which to build their factories, homes and cars.

Western attitudes of superiority to China and the rest of the East will also subside, as Westerners realise they are no longer the masters of the world.

The U.S. company Orient Express complained when Tata tried to buy it, that any association with the Indian company would damage the Orient Express’s premium brand.

Responding, R K Krishna Kumar, a senior Tata executive, thundered that “Indian companies … will take their rightful place in the international arena.

“Enterprises and individuals must recognise and adapt to these fundamental economic changes. We believe that those with a fossilised frame of mind risk being marginalised.”

Participate in the Poll : Click here to vote

Opinion Polls & Market Research

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader

Poll: Is your company’s Accounting Manual on the company’s intranet/portal ?

Wednesday, April 9th, 2008

Participate in the Poll and share your thoughts

If you have voted “No”, will you initiate in your company at appropriate levels to digitise the company’s Accounting Manual.

Do you like to be updated in Accountancy ?
Subscribe to Management Accountant by Email

Or

Subscribe in a reader

You may also like to vote on other poll in the management accountant blog. Click here

Tags: Poll
Posted in Poll | No Comments »

The Term "Accountant" Should it be legally protected

Wednesday, December 19th, 2007

The major accounting institutes in UK are gathering evidence from members in a bid to persuade the government to protect the title accountant.

In his blog, ICAEW chief executive Michael Izza said the CCAB institutes - ICAEW, ACCA, CIMA, CIPFA, and ICAS - were asking members to help back a bid to legally define the term accountant.

The CCAB bodies have long been trying to persuade the government that people without proper qualifications should not be able to call themselves accountants.

The DTI had previously said that the term ‘chartered accountant’ was recognised in legislation.

Click here to read more

In my earlier post on Professional Body, I found an interesting definition to the term.

“A professional body or professional organization, also known as a professional association or professional society, is an organization, usually non-profit, that exists to further a particular profession, to protect both the public interest and the interests of professionals. The balance between these two may be a matter of opinion. On the one hand, professional bodies may act to protect the public by maintaining and enforcing standards of training and ethics in their profession. On the other hand, they may also act like a cartel or a labor union (trade union) for the members of the profession, though this description is commonly rejected by the body concerned.”

Share your thoughts on Mr. Michael Izza ideas about legally protecting the term “Accountant” and definition of professional body. The term “Chartered Accountant” is legally recognised in UK since it is accorded by Royal Charter.

Vote

Opinion Polls & Market Research

Regards,

Santosh Puthran
My StumbleUpon Page

Did you like the post ?
Subscribe to Management Accountant by Email

Reading and planning time in ACCA exams

Saturday, December 15th, 2007

Reading and planning time (RAPT) is an additional 15-minute time allowance given to all students taking three-hour exam papers from December 2007 onwards. It is being introduced for all CAT Advanced level papers (except Paper 5) as well as ACCA Qualification papers in the Skills module at the Fundamentals level and all Professional level exams.

WHAT CAN YOU DO IN RAPT?

This additional time, to be spent at the beginning of each three-hour exam allows you to familiarise yourself with, and to navigate around, the exam paper. During RAPT you can read and understand the questions on the paper and begin to plan your answers before you start writing in your answer books. You can also use calculators to make some preliminary numerical calculations.

RAPT begins when instruction is received from your centre supervisor. You must not open your question paper until advised to do so, and during RAPT you may only write or make notes on your question paper. You must not write anything in your answer booklets until advised to do so by the supervisor.

HOW CAN YOU MAKE THE BEST USE OF RAPT?

RAPT gives you the opportunity to make sure you are clear about what the examiner is assessing. It also allows you valuable extra time for thinking and planning. To use this additional 15 minutes most effectively:

carefully read and understand all question requirements, making an informed choice about which optional questions to attempt where applicable

read through and highlight relevant information and financial data, noting why it is included

take note of the marks awarded for each question and the allocation of marks between different requirements within a question

start to plan your answers, particularly for discursive questions

think about the order in which to attempt questions

make preliminary calculations.

Click here for more details on ACCA website

Opinion Polls & Market Research

Regards,

Santosh Puthran
My StumbleUpon Page

Did you like the post ?
Subscribe to Management Accountant by Email

Best Companies to work in India 2007

Saturday, November 24th, 2007

I have picked up the article from http://www.mercer.com/summary.jhtml/dynamic/idContent/1269170 where they have given a list of Top 10 companies to work in India. Majority of the companies are IT companies and traditional companies like TATA, Birlas, Reliance does not fit into the role.

The report suggests, “The selection process involves assessment of the company on four quadrants - Employee Perception and Satisfaction, HR process robustness, HR metrics and Stakeholder feedback which involves seeking the views of the labor market representatives and business community of the company’s perceived people management focus. The data gathered on four quadrants is evaluated and clearly defined parameter weightages are used to determine a company score.”

I would request readers of MA blog to vote on poll which they consider to be the best company to work with. Please comment on whether the survey done by the leading magazines give a true picture of the company whether they are best one to work for.

Opinion Polls & Market Research

Track the results of the poll by subscribing to the RSS feed

Do you like to remain updated in Accountancy?Subscribe to Management Accountant by Email

Regards,

Santosh Puthran

Tag “Jobs” on MA blog

Posted in News Makers, Poll | No Comments »

Archive for the ‘Poll’ Category

WHAT CAN YOU DO IN RAPT?

HOW CAN YOU MAKE THE BEST USE OF RAPT?