GOLDEN WORDS for A CA Student: Must Read

Ankit 21 CA,CS,B.Com (CA) (3949 Points)

09 September 2009  

 

CA T. N. Manoharans’ Ten Commandments

 

 

  1.  

  1.  
  1. Humility  - One should not carry Ego 
  1.  

 

 

 

Quote:  “One with Ego ‘Gone’

                                                Without Ego ‘Go On’ forever”.

 

 

 

  1. 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

                    Only Good in You is Permanent”.

 

 

 

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

 

 

  

 

 

 

      Quote: “Dignity & Grace will uplift the Organisation”.

 

 

 

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

 

 

 

In-house department not to carry out Internal Audit.

 

 

 

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

 

 

 

Quote: “Business can have weaknesses

                                                        But not Profession”.

 

 

 

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

 

 

 

  1. Courage of Conviction –

 

 

 

Quote: “One instance cannot be generalised”.

 

 

 

  1. Accounting Principles do not apply to Individuals.

 

 

 

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

 

 

                      

 

  1. Only with Integrity one can sustain the Top position.

 

 

 

Quote: “Greed can be dangerous & destructive”.

 

 

 

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