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http://managementaccountant.blogspot.com/2008/07/lesson-for-every-salaried-employee.html


[MA blog]: A lesson for Every Salaried Employee - Spread the word about Management Accountant Blog

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A lesson for Every Salaried Employee

Posted: 11 Jul 2008 02:25 PM CDT

This is an email forward, a good management lesson . This will keep on forwarding by the readers who have sympathy to the dog.

A lesson for Every Salaried Employee

A shopkeeper watching over his shop is really surprised when he sees a dog coming inside the shop, He shoos him away. But later, the dog is back inside again. So he goes over to the dog and notices that it has a note in its mouth. He takes the note and it reads "Can I have 12 soaps and a shampoo bottle, please. The money is with the dog." The shopkeeper looks inside the dogs mouth and to his surprise there is a 100 rupees note in his mouth. So he takes the money and puts the soap, shampoo and change in a bag, and then places it in the dogs mouth.

The shopkeeper is so impressed, and since it is the closing time, he decides to follow the dog. The dog is walking down the street, when it comes to the zebra crossing, he waits till the signal turns green. He walks across the road till the bus stop. He waits on the stop and looks up the timetable for the bus. The shopkeeper is totally out of his mind as the dog gets into the bus and sits on a vacant seat. The shopkeeper follow the dog. The dog waits for the conductor to come to his seat. He gives the change to the conductor and shows him the neck belt to keep the ticket. The shopkeeper is almost fainting at this sight and so are the other people in the bus.

Source: Brisbane

The dog then moves to the front exit of the door and waits for the bus stop to arrive, looking outside. As soon as the stop is in sight he wags his tail to inform the driver to stop. Then not even waiting for the bus stop to arrive the dog jumps out and runs to the house nearby. It opens an big iron gate and rushes towards the door. As it approaches the door, he changes his mind and walks towards the garden. The dog walks up to the window and beats his head several times on the window. It then walks back to the door and waits. The shopkeeper maintaining his senses walks up to the door and watched a big guy open the door.

The guy starts beating, kicking and abusing the dog. The shopkeeper is surprised and runs to stop the guy. the shopkeeper questions the guy "What in the heaven are you doing? The dog is a genius he could be famous in life."

The guy responds "You call this clever? This is the 3rd time in this week that the dog has forgotten the door keys."

The moral of the story: You may continue to exceed onlookers expectations… But will always fall short of the bosses expectation…

The salary Axiom: The pay raise is just large enough to increase your taxes and just small enough to have no effect on your take-home pay.

Isaac's Strange rule of staleness: Any food that starts out hard will soften when stale. And food that starts out soft will harden when stale.

Lampner's Law of Employment: When leaving work late, you will go unnoticed. When you leave work early, you will meet the boss in the parking lot.

Indeed a humorous forwarded mail, but some points make you think.

Cheers,

Santosh Puthran

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Accounting Technician Course in India

Posted: 11 Jul 2008 01:59 PM CDT

Recently it is in news that ICAI and ICWAI has made proposals to Ministry of Corporate to start Accounting Technician Course.

According to ICAI website

The need for a suitably qualified accounting technicians is imminent to ensure that value chain in the accounting process does not suffer. The ICAI has technical resources, infrastructure facilities including its own computer labs throughout the country, and a large membership base in the industry as well as in public practice and is, therefore, most suited to launch the much needed accounting technician curriculum.

Although the details are not clear now, there are news in the press from the office bearers of ICAI.

Economic Times 09-July-08 - CA institute to start new course for `Accounting Technician'

Dhiraj Khandelwal, Secretary, ICAI (western region) :

Those wanting to join the course will need to appear for the entrance examination similar to the regular CA course. Students who would complete one year articleship and pass one group will be given the certificate of Accounting Technician.

Economic Times 05-July-08 - A ray of hope for unsuccessful CA candidates

Candidates who could not clear CA finals will just have to appear for 100 hour computer training to get the accounting technician certificate. They will not have to follow the procedures like other students. We are expecting that about one lakh students who could not clear examinations beyond CA inter will now have even better opportunities in the job market," said ICAI vice president Uttam Agrawal. He added that the institute is expecting to create one lakh accounting technicians as a second rung of skilled manpower to the core accounting professionals in next couple of years.

There is an interesting comparison made by Mohan R Lavi in Hindu Business Newsline on Accounting Technician

The blockbuster growth of Indian accounting software such as Tally has created a separate market for Tally Accountants — a direct threat to the AT. While a B.Com is considered to be only a basic qualification now, an M.Com could also give the proposed ATs a run for their money. Institutes such as the Institute of Certified Financial Analysts of India (ICFAI) which teach students the fundamentals of accounting are possible competitors too.

To me, Accounting Technician course is for those people who have passed 10th

Standard but unable to become a university graduate. With Accounting Technician qualification, they can work in Accountancy firms.... The next progression would to pursue professional accounting qualification like CA or ICWA.

The passouts of Accounting Technician should get exemptions in pursuing CA/ICWA courses. However no word on that.

It looks to be a different story. The officials of ICAI like to promote Accounting Technician qualification to those who are unsuccessful in passing the CA course .... a fall back to become Accounting Technician . They are making a monkey of students pursuing professional qualification. Imagine an analogy... if you are unable to qualify as a doctor, you can become a nurse.

A student pursuing CA qualification will be a university degree holder or becoming a university degree holder and this is better than Accounting Technician Certificate. Why should anyone with a degree devalue himself by gaining an Accounting Technician qualification ?

Accounting Bodies should know whom they want to train as Accounting Technicians. Otherwise it is another way of making money from the exisiting students whose primary aim is to become a professional accountant and not Accounting Technician.

Your thoughts please.

Regards,

Santosh Puthran

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Sat Jul 12, 2008 6:47 am

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http://managementaccountant.blogspot.com/2008/07/lesson-for-every-salaried-employee.html [MA blog]: A lesson for Every Salaried Employee - Spread the word...
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