S.Srinivasaraghavan's Expert Profile

Queries Replied : 3560

About me

I am a Chartered Accountant, Cost Accountant and a Company Secretary.

I am attached to Amalgamations group of Chennai. I am also on the Board of some of their group companies, besides being a CFO & CS of Simpson and Company Ltd..

Interested in Carnatic Music, Deep reading of Science and Spiritual books and reconciling scientific truths with spiritual experiences, Travel, Games like tennis, cards etc., Watching documentaries on Animal plannet, Discovery, National geographic etc., Internet browsing - websites of Wikipedia, Nature, Astronomy and Professional forums.

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Ajay Chavan says : Confusion over career
Dear sir, I am working with one of the big 4 in SAP implementation, but we were not having any project from last 1 year..frustrated with this, i decided to leave SAP ( I think now boom period is over and not much work left..) Now when I have decided to leave this field and join System/IT audit , we got one SAP implementation project where I will be FI consultant. please suggest me, that whether I should stay in SAP (my friends suggesting me to stay since there is good scope for this field) or shall I go for system/IT audit.

Krunal Parekh says : LOOKING FOR AN ANGEL INVESTOR
Dear Sir, We introduce ourselves as Varsha Import & Export Co. newly formed and willing to establish in the Indian Market for the raw material supplies mainly required in Iron & Steel Industries. India being one of the major Steel Producers and Exporters raw material such as metal scrap (ferrous melting scrap) plays a major role where import is concerned. The tremendous demand and short supply has always been a major key role for the trading companies as well as steel importers and exporters. Our product also reflect the same for which we wish to contribute our participation in this major demanding market. With the experience of facilitating as a broker in this market for last 5 years plus, we have been able to manage good relationship in the market. We are not only able to procure the best quality material whether it is domestic or overseas but also we have capabilities to sell the same at the right price through the correct channels. In the past 5 years we have also achieved experience from the overseas market in China, Hong Kong, Singapore and Dubai (U.A.E) Our aim is to start the business with the small quantity of around 150-200 metric tons (MT) for which the estimated cost is around Rs. 5,000,000/- (Rupees Fifty Lacs Only) which includes the cost of the material, duties and other charges, also includes the basic infrastructures such as a ware house and traveling expense (to the origin where-in the material has to be loaded), other minor miscellaneous expenses. Since we expect to procure the material from nearest transit point/origin i.e. mainly from Dubai (U.A.E) having the transit period of just 6 days to the destination port Nhava Seva, Mumbai (India) we, therefore can comfortably move 3 (three) consignments per month or possibly 7 (seven) consignments an average of 2 (two) months. As per our projections and analysis we conclude to have the minimum estimated profit of at lest 10% (ten per cent) excluding all the expenses) on monthly average basis with the above calculations and investments. Higher the turn- over bigger the margin of the profits would be - is our motto. Believing in work is our worship, we have managed to make relations with the manufacturing units and graded traders in Maharashtra as well as in North India such as Gujarat, Punjab and Rajasthan. For detailed project report and projections, if you can let us know the email address where we can send you, it would be a honor to get in relation with you. Further, we wait to hear from you. Thanking you and looking forward for a fruitful relationship in our near future. Yours Sincerely, Krunal Parekh For Varsha Import & Export Co.

S M Bukhari says : Revision in Index Price
Sir, RBI's base price index changed from 1993-94 to 2004-05 in RBI monthly bulletin. we have contract awarded from May'2010 in which price variation is there based on RBI Index with base as 93-94. But now current month index is not available for 93-94 base. RBI is now publishing only with base as 2004-05. How to convert basing from 93-94 to 2004-05 base.

rahul says : ca final
when vl b d exam forms of CA final Nov 2011 will be coming ????? n important one can i take a signature of any CA on it....other then ma principal CA ??

Vijay raja venkata kesava says : CISA
Hello sir, I am doing CA final and CS final. Also i am interesetd in CISA. Could you please guide me how to do CISA and how to prepare for the exams? IS it tough like CA exams? Please sir. I dont have anybody like you to guide in my locality. Pls guide me.