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We have in the preceding 8 articles discussed the importance of continued enhancement of knowledge, skill and experience. All growth-oriented professionals would need to focus on ensuring excellent quality of work delivered consistently in time. Normally, after a few years the improvement plateaus and stops. One wonders why the better work/ better clients do not come in/ clients do not come again for repeat work. Peter Druker the noted economist observed that quality is not what you put into...

This article follows the earlier 7 on various aspects of empowerment of professionals seeking to practice in chosen area. In this article we look at professional ethics as applicable to the Chartered Accountant. The other professionals may have similar limitations with some aspects less focused on and a few where the aspects discussed may not be applicable.

All tax professionals would be providing services relating to advisory, assistances ( assignments), representational and attest...

In the earlier articles we covered professional goal setting, gaining the knowledge edge, adequate  skilling, getting the experience needed, the people focus and communicating persuasively. Now the very important aspect of how to quote, negotiate and bill appropriately by the Small and Medium Practitioner following the ethics is examined in this article. None of the sharing done by me is the last word may need customisation. It may most times only validate the professional thought process...

In the earlier article on skilling oneself- article 3, I had touched on skilling oneself which included a number of skills including to be able to communicate persuasively. This is a basic skill which is often not worked on and mistakes can upset the discerning client. It would slow down the professional growth and may be larger clients may not be too happy.

In profession we have many make or break conversations, maybe some on them on the phone. SMS, whatsapp or email. How can we be...

We started the empowerment series with setting professional goals followed by getting the knowledge edge, skilling oneself, gaining the required experience and how to attract, train and retain good employees.

Many professionals come to me and say all that is ok Sir, tell us how to get work. Juniors complain about seniors, seniors on juniors. Most times we are busy safeguarding our knowledge and clients.

The most common question from those in practice who have just started, now, 2...

We started the series with setting professional goals followed by getting the knowledge edge, skilling oneself and gaining the experience.  This entire exercise may take from 1 to 3 years depending on the decision to specialise or go for a basket of services.

One of the main reasons I personally have been able to have a policy of  not working late is the focus on staff in different ways. In the starting we would appoint anyone who came around when we needed them. We spent a lot of time...

We have set out inspiring goals, got the basic knowledge and gotten into the habit of updating our knowledge, skilling ourselves in identified area for success. One needs to continue to work/ learn on all the area. When I started my office in 1987 ( pre qualification) there was hardly anybody visiting for days together. I wasted those precious years in reading novels!!. However, if I had joined an advocate in indirect taxes I would have moved up the knowledge and experience ladder faster. I...

Many of us old timers have over a period of time made a number of mistakes, got into areas counter productive to our profession and feel less satisfied at the end of the day. Most of us blundered through professional life learning from mistakes many several times and also repeated.

Though we are expected to be the financial trustees to the world/ country, belonging to a “noble profession” we feel inadequate, frustrated by the ground realities. Though we are professionals with...

This article (more a collation of thoughts) is a sequel to the first on goal setting. Many students and practitioners may wonder on whether their dreams and plans would actually be achieved. The structured approach [ using planners, reminder and to do list enabled in any normal software program could be a big support]  to achieve any action would no doubt be a bit challenging at take off stage. Once started inevitably one come across hurdles. The road bumps could detract one from...

Does that mean, do you use your right brain effectively like your left brain? Or do you use your right brain at all, due to which it is extinct or not left? Well, it means both!  

As we all know, brain and heart are among the most important parts of our body. In fact, if the brain sends a signal to the heart to stop beating, we are no more! So it is important to consciously and constantly monitor our subconscious mind to bear the fruits of what we do and what we want to do.  

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