home | magc - cc issue no.41-jan 10 · 2014-05-14 · page 2 “the winds and waves are always on...

Be the origin of goodness Creating a ripple through word or action Spreading outwards far and wide Touching people’s lives and hearts Renewing the moment with positivity!

New Year and ahead

For many people, every New Year commences with resolution(s). The resolution that people make is definitely not for the New Year – it is for their own selves. And what does this mean? This means that each one of us, wants to change the course of our life. This implies that we want a change and we are not happy with what we are now. This process goes on and on and we keep on making resolutions, year after year.

My listening to others has shown that many of these resolutions are not sustained over a period of time and invariably the initial focus fizzles away. Come the next year and the resolution continues.

This is a typical example of the conflict between ‘what we want to be and what we are’. Incidentally it is stated that this conflict is one of the major reasons for stress and tension in life.

Now how do we deal with this? We need to be clear about our ‘intention’ - our intention for self improvement. Are we really serious about the change we want in ourselves? This is the key question we need to ask, if we really want to change. If there is seriousness in the ‘want’ for the change, then there has to be seriousness in materializing the change.

How do we materialize the change we want in ourselves? Intentions, seriousness, firmness of the resolve are extremely important. There are some techniques available for materializing the intended change.

��The first one is clarity of the change we want in ourselves – can we write down one or two specific changes we want: say, getting up early in the morning or avoiding junk food or beginning to read/study to keep abreast in profession;

��The next one is creative visualization. We need to do two types of visualization. One, as if the intended changes have taken place. We need to imagine what we would do when we get up early in the morning – go for a walk or do yoga. And the second, enjoying the benefits of the intended change – visualizing that we are able to wear a dress one size less or having our impressive profile seen on a mirror and so on;

��The third one is continuous reinforcement. We need to constantly reassure ourselves that we are on the track every day. This requires allocating time for the said activity and following it up on a day to day basis. Feel the benefits that are accruing everyday to us based on the improvements we are making to ourselves.

As we all know change is the only permanent thing; but it depends on whether the changes use us (and we suffer) or we manage the change we want….let the New Year take us much ahead of our intentions…

2 2009 Re-Captured

3 2009 Re-Captured

4 2009 a Quick Recap

4 2009 Snapshots and Events

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Jan 2010 � Volume 3, Issue 41 R

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Message from R S Murali

6 2009 Snapshots and Events

7 Know Your Colleagues

7 Green Corner

8 Smart Corner

8 Birthday Wishes

8 Humour Corner

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NCRCL® deeply mourns the death of Mr. R S Murali’s mother on 29th December 2009. May her Soul rest in peace.

“The winds and waves are always on the side of ablest navigators.”

Edward Gibbon

Month Events

Feb Kirthana Thanikaimoni from Star Cement, Dubai did a presentation on “Porter’s Five forces Analysis” as part of the study circle meeting at NCRCL®, Chennai.

Mar Mr. S. K. M. Shree Shivkumar MD - SKM Egg products visited our Chennai office on 28th March 2009.

May

Ashok was in Dehradun as a Municipal Finance Expert in the Project Management Consultants team for the Government of Uttarakhand.

A preliminary study for implementation of modern accounting system was kicked off by NCRCL® for the university of Agriculture sciences, Bangalore.

R.S. Murali, Kishore and Pradeep visited Bangalore office on 11th June 2009. RSM addressed the Bangalore team on the key factors for success.

Ashok’s article on “Managing Accounting Reforms in Local Bodies- Key Issues and Approaches for Chartered Accountants” was published in “PRUDENCE” , the e-News Letter of the Public Finance Committee of ICAI, June 2009.

Jul Presentation given to Vice Chancellor, officers and staff of University of Agricultural Sciences, Bangalore on “Preliminary Study for the Implementation of Modern Accounting System”.

Aug R S Murali participated in the flag hoisting ceremony as part of the 62nd Independence day celebrations at Padma Seshadri Bal Bhavan Senior Secondary School.

Sep

Our Website has been redesigned with more value-adds.

Two of our Consultants— Mr. C S Suresh and Mr. Ashok Rao were nominated to the Board, as part of the Management team.

Oct

Ramachandran was the lucky winner of a voucher of Rs. 1000/- in 'Autoquizzing' conducted by WHEELS - a supplement of 'The Hindu' dated 21st October 2009.

Mr. R S Murali was interviewed in a live telecast on Jaya Plus TV as part of a promotion for ACCA . Mr. Murali answered all the queries of viewers from different parts of the country on various options for a career in accounting

Nov

Mr. Ajit Mani visited NCRCL Bangalore office and met R S Murali and C S Suresh on 13th November 2009.

R S Murali spoke on ‘Performance Appraisal in Education Sector’ for members of the Indian Institute of Industrial Engineering in collaboration with Maxwell centre for Industrial training and development on 7th November 09.

Management consultants from ICRA Management Consulting Services Limited visited NCRCL Bangalore office on 20th November 2009 in connection with the study of Modern Accounting System in FBAS - BBMP .

Mr. N C Ravikrishnan visited NCRCL Bangalore office and BBMP Project office (FBAS section) on 21st November 2009.

Mr. G N Gopalarathnam visited NCRCL Bangalore office on 27th November 2009.

Dec Mr R S Murali was the resource person for a seminar on the topic “BPR—A tool for turnaround Management” conducted by RVS Institute of Management Study and Research on 4th December 2009

Jun

“Ideation without execution is delusion.”

Training & Workshops Attended

Internal Seminars

One Paragraph That Explains Life! Arthur Ashe, the legendary Wimbledon player was dying of AIDS due to infected blood he received during a heart sur-gery in 1983.. From world over, he received letters from his fans, one of which conveyed: "Why does GOD select you for such a bad disease"?

To this Arthur Ashe replied: "The world over, 50 million children start playing tennis, 5 million learn to play tennis, 500,000 learn professional tennis, 50,000 come to the circuit, 5000 reach the grand slam, 50 reach Wimbledon, 4 to semi final, 2 to the finals, when I was holding a cup I never asked GOD 'Why me?'. And today in pain I should not be asking GOD 'Why me?' "

Robin Sharma

Topic

Organised

Creating Creativity and Problem Solving CII

Valuation of Shares

Princeton Academy

Dynamic Entrepreneurial Leadership and Personality Enrichment MMA

Total Cost Management CII

Presentation skills of Library Organisational members British Council

Personality Enrichment

MMA

Profitability through Innovation and Creativity MMA

TDS by Reylon Software – June 2009 Reylon Software

5S for Organisational Effectiveness MMA

Business Intelligence tools – Bangalore Micro Strategy

Tipping the balance through Strategic Costing

SICCI

Cutting Cost without Pain

MMA

Attitudes determine your altitude MMA

IFRS XBRL

Topics covered – IAS 1, 2, 7, 8, 10 Identification of practice points for each standard Case studies of various companies and their experience in convergence to the IFRS standards Preparing a roadmap for convergence to IFRS Liaising with Bangalore office through video conferencing

eXtensible Business Reporting Language Study, research & discussion Identification of practice points Liaising with Bangalore office through video conferencing

“Look not too high, lest a chip fall in your eye.”

Proverb

Warm Welcome On-Site

Chennai N C Vimalakar - May Sowmya Skandan - June N. Sridhar - November

Bangalore

Babajan - January

Hall of Fame

Stepping out

Chennai

S Guhaprasath - May

R. Sriram - June

Arif Khan - June

S. Pavithra—June

S. Gowripriya - June

Sivasankaran - September

Off-Site

Wedding Bells

Ramachandran - 21st January

Shalini - 15th May Archana - 5th June

Sowmya - 29th November

Cute Babies

Roopashree - 5th Jan Gangadhar - 19th Nov

R S Murali, our Managing Director, was the chief speaker in an Executive Interaction Program at the Sona School of Management, Salem on 23rd

January 2009. The topic was “Going beyond Current Financial Crisis”. His talk was deeply appreciated by both the students and the faculty. It was felt that he gave a real and different insight into the present financial crisis. Its impact, had the students discussing the topic long after the program. The students conveyed their thanks and gratitude for the lively and interactive session.

NCRCL® participated in the Golden Jubilee Convention of the Indian Institution of Industrial Engineering, held at Vishakapatnam from 16th to 18th

January 2009. Around 200 delegates attended the convention on “Global Energy Challenges – Strategies for Sustainable Development” in which 56 papers covering various aspects of energy were presented. As a part of the Golden Jubilee celebrations, 13 Industrial Engineers aged above seventy years and present at the function were felicitated which included Shri P. B. Jeevan Rao, our Senior Consultant. Brochures and a list of major assignments undertaken by NCRCL® were distributed.

NCRCL® Bangalore office shifted into its new premises at Race Course Road on 15.01.09.

“Liberty and union, now and forever, are one and inseparable.”

Daniel Webster

Parker Randall India conducted a seminar for the first time in Chennai on February 21- 22, 2009.

In-house seminar on XBRL held on 5th February 2009 at NCRCL® Chennai

RSM and CSS attended a training programme in Business Planning for Indian MSMEs (INBP) conducted by AOTS at Yokohama Kenshu Center (Japan).

Ashok and Kishore visited Dubai for a Glass Factory Valuation Project

C S Suresh and V S Pradeep working with our clients at Gulf Extrusions Co. (L.L.C.), Jebel Ali, UAE

First Teleconference in NCRCL: This conference on IFRS took place between NCRCL®’s offices in Chennai and Bangalore on 22 April 2009. IAS 1 and IAS 2 were discussed between 22nd and 30th of April 2009

NCRCL® team on a project which commenced at Kolkata for Soil and Enviro Industries Private Limited on setting up accounts, costing and MIS systems

NCRCL® spreads its wings to the far eastern states of India with Mr Murali and Mr. C S Suresh beginning work on Shija Hospitals and Research Institute Private Limited, Imphal, Manipur.

Mohanty on an assignment for Emirates Cement Bangladesh Ltd. Involving analysis of receivables.

RS Murali was interviewed in a live programme on Doordarshan Podhigai as part of ANSA’s promotion of ACCA . Mr. Murali answered all the queries of viewers from different parts of the country on various options for a career in accounting.

Rekha Murali attended a workshop on “Profitability through Innovation and Creativity” organized by MMA and conducted by Dr Rekha Shetty.

NCRCL® participates in the ‘Dance of Democracy’ – Services of NCRCL®’s BBMP project team were utilized for election work in Bangalore for about a week. Readers may recollect that the team had participated in the election process earlier also during the Karnataka assembly elections. Compliments to the BBMP team for making us proud!!!

Mr. V R Srinivas Murthi, Senior Consultant, NCRCL® presenting a Certificate of Achievement to Mr. Subba Rao for giving correct answers to the Smart Corner questions five times in a row. The certificate was presented on 11th

June 2009 during RSM’s visit to Bangalore Mr. R S Murali, as chief Guest, inaugurated the Students Forum of Alpha Arts and Science College, Porur, Chennai on July 14, 2009

The 10th Annual General Meeting of NCRCL® was held on 23rd September 2009 at Hotel Raintree, Chennai which was attended by all the members of the board, shareholders, staff and special invitees—Mr.Ravi, Gowri Shankar, Lawrence and Praveena. NCRCL® ’s new initiatives were greatly appreciated by the Management.

A contribution was made by the Company and Staff towards

Karnataka Flood Relief Fund for distribution of school bags and

note books to the school children of Thungabadra and Katakanuru flood effected villages of Raichur

District - Karnataka by M/s Roovari Rural and Urban Development

Authority.

“To the memory of the man, first in war, first in peace, and first in the hearts of his countrymen.” Col. Henry Lee

NCRCL, Bangalore picnicking for a day at Srirangapattana, Ranganathittu on 12th Dec 2009.

Implementaion of Database software

A unique software for document management called DocuMan has been successfully implemented

Mr N C Sundararajan, Senior partner, N C Rajagopal & Company, celebrated his 80th Birthday on 30th November 2009. We wish the couple many more happy years of togetherness!

Weekly In-house sessions

The weekly study circle meetings on various topics continues at both the Chennai and Bangalore offices of NCRCL

Journal Presentation

This is a new initiative for knowledge enrichment by NCRCL

Each member presents a summary of various articles from the wide collection of magazines subscribed by NCRCL® The information in the form of an abstract with the name of the article, issue no., name of the author, magazine and date is added to our knowledge database in DocuMan.

Prowess, provided by CMIE is a database of 22,000 Indian companies spreading across all sectors and industries. This has been installed in NCRCL to assist in valuation, feasibility studies, project reports, surveys and research.

Reducing waste can often save you money. Washing your own cloth diapers is less costly than buying disposable or paying for a service. Bringing your own lunch from home in reusable containers saves you purchasing bags and buying lunches at school or work.

“Nothing is so good as it seems before hand.”

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George Eliot

Designation: Sr. Project Executive Date of Birth: 1st July Email: [email protected] Phone: 91 9986100459

Qualification: M.Com

Name: Gangadhara.H

No Questions Your Answers

1. The meaning of your name. Lord Shiva

2. Nick name. Gangu

3. Your dream job. The present job

4. Your first impression of NCRCL® . Organization to learn

5. What personal/emotional characteristic of yours do you want to change? Being reserved

6. Money or job satisfaction? Job satisfaction

7. Your stress buster. Watching and playing cricket

8. Do you have a small circle of close friends, rather than a large number of friends? Small circle of friends

9. What do you most like about a person? Friendliness

10. What do you most hate in a person? Ego

11. Team work Vs Individual work – your comments. Team Work

12. Do you make efforts to get others to laugh and smile? Yes

13. Your heart rules your head or your head rules your heart? Heart rules

14. Special talent. Playing cricket

15. Hobbies. Watching sports and Listening to music

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Bangalore Office: #310, 3rd Floor, Rear Entrance, Swiss Complex, 33, Race Course Road, Bangalore 560 001 Ph: +91 80 65737503, +91 80 40914593 Fax: +91 80 22342238 email: [email protected] Website: www.ncrcl.com

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“Books like friends, should be few and well chosen.”

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�� This popular principle also known as the 80/20 principle says that ‘for a series of elements, a small fraction of the number of elements causes a large fraction of the effect’. Who discovered it and when?

��Vilfredo Pareto in the year 1906.

In which year India registered it’s first test win in cricket, against which country, where and name the surviving player out of the playing eleven?

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Regd Office: 2nd Floor, New No. 4, Old No. 23, C P Ramasamy Road, Alwarpet, Chennai 600 018 Ph: +91 44 2466 0955 Fax: +91 44 4218 5593 email: [email protected]

Samuel Paterson

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Brain Teasers

1. X is my father's sister's only brother's wife's

daughter's only aunt's father's son.

How is X related to me?

2. I may be high, I'm not real low, sometimes fast, sometimes slow, you can't reach me but you can see me.

What am I?

��

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Ashok Rao - 11th Jan

Answer: 1.Father 2.Clouds

home | magc - cc issue no.41-jan 10 · 2014-05-14 · page 2 “the winds and waves are always on...

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