ICAI Student Journal May 2016

The Institute of Chartered Accountants of India (Set up by an act of Parliament)Your monthly guide to CA news, information and events VOL 19 NO. 12 PAGES 36 MAY 2016 50 EXAMINATION ARTICLE The Chartered Accountant Student May 2016 09 Health is everything As you get busy with diff erent responsibilities, there is a tendency to neglect health. Th e consequences of such indiff erence would be severe at a later stage in life. Whatever be the time saved by skipping daily exercise or walk would ultimately vanish in hospitals and medical treatment due to deterioration of health condition. Th e money earned by executing work in the slot meant for fi tness schedule would be lost in restoring such health to normalcy. Daily spending one hour for doing yoga, meditation or an exercise that contributes to strengthening or toning up the body thereby securing health will leave you competent and fresh for the rest of the day ensuring effi ciency and productivity. Only a healthy body houses a healthy mind and a happy soul. Reward yourself periodically: Leisure and entertainment for a few hours should be a reward for ordained labour of 5 or 6 days. You should not be able to cherish any relaxation which is not the by-product of hard work. Earn your vacation as a consequence of accomplished tasks, achieved goals or on crossing milestones. We should evolve a culture within us to respect our duties more than our rights. If we discharge our duties in a timely manner with devotion and sincerity, the rights would automatically fl ow unto us and will be protected. Rights that do not emanate out of our hard work are not worth preserving. After discharging your duties, you can pamper yourself with right to relax or entertain yourself but not otherwise. Reward yourself periodically Leisure and entertainment for a few hours should be a reward for ordained labour of 5 or 6 days. You should not be able to cherish any relaxation which is not the by-product of hard work. Earn your vacation as a consequence of accomplished tasks, achieved goals or on crossing milestones. We should evolve a culture within us to respect our duties more than our rights. If we discharge our duties in a timely manner with devotion and sincerity, the rights would automatically fl ow unto us and will be protected. Rights that do not emanate out of our hard work are not worth preserving. After discharging your duties, you can pamper yourself with right to relax or entertain yourself but not otherwise. Ability to face an adverse situation In life there are bound to be adverse situations when emotionally you feel depressed and shattered. Some can’t accept or take to failure lightly. You should never allow an isolated event of failure defi ne your personality or destroy your confi dence. You must become stronger and bounce back to achieve success. Success introduces you to the world but remember that failure introduces the world to you. Success is the time when you have to redefi ne your goal. Failure is the time you have to redefi ne your methods. Failure is not denial of success but it is only deferment of success. If you have perseverance and sustain your eff orts by putting your heart and soul, success will surely embrace you one day. In life success may not always come to you when you want it or the way you want it but if you have faith and continue to work hard it would certainly come and as and when it comes, it would be much better than what you wanted. Even if everything appears lost, remember that the future still remains at your disposal. With all the time at your command, you can build an empire that is far superior and brighter than what was lost. Challenging tasks At every stage in life, there are certain tasks which are tough to handle or execute. Early morning two hours, preferably 5 to 7 am, when mind is fresh, gives enormous ability to digest any diffi cult subject or to work on any diffi cult assignment. During student days, there is atleast one subject in each group that poses pressure on a student to understand and master. During early morning hours, after a sound sleep, one can comprehend and assimilate the nuances of any subject and absorb the substance comfortably. Grasping ability and concentration would facilitate smooth accomplishment of any such challenge. Even after qualifying, eff ective utilization of two hours all through your life for any diffi cult task on hand would give you an edge over others and your achievements would look like as if you had additional time 10 years of time as compared to those who didn’t use those precious morning hours. If we discharge our duties in a timely manner with devotion and sincerity, the rights would automatically fl ow unto us and will be protected. ARTICLE 10 May 2016 The Chartered Accountant Student Pro