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The Institute of Chartered Accountants of India The Institute of Chartered Accountants of India (Set up by an Act of Parliament) Bengaluru Branch of SIRC e-Newsletter English Monthly Volume 8 | Issue 2 | September 2019 | Pages : 24 For Private circulation only VIDWATH SABHA VISHARADA PRABHATH PRAVACHAN One Day Seminar on Three Day Workshop on Breakfast Meeting Search, Survey & Transfer Pricing Analysis of the Real Estate Settlement Commission – Case Studies & Practical Issues (Regulation & Development 21st September 2019 5th , 6 th & 7 th September 2019 Act), 2016 14th September 2019 Half Day Seminar on One Day Workshop on Sabka Vishwas (Legacy Dispute Robotic Automation Resolution) Scheme, 2019 25th October 2019 5th October 2019 One Day Seminar on FEMA 11th October 2019 Chairman's Communique . My Dear Esteemed or it is not applicable or is it not relevant for our profession? Members, I feel, yes, we have to give necessary attention to such matters and Wish you all, these become important in our endeavor to prosper. A Very Happy Gauri Ganesha As I said, let people keep on gauging everyone from time to time based Festival ! on the impression they carry with them about us. Let different people Friends, impression is everything carry different impressions on the same person. We have no control in this World! Everyone wants to over their mindset. It is up to them to carry any impression about us. create some impression or the But, certainly, we can create a positive and right impression in their other. Everyone wants to uncontrolled mind. impress one or the other. It is According to a Sanskrit Shloka a positive Impression can be created true that, throughout the life, mainly by 5 important aspects i.e., we end up in continuously trying ÌuÉkrÉårÉÉ, uÉmÉÑwÉÉ, uÉÉcÉÉ, uÉx§ÉåhÉ, ÌuÉpÉuÉålÉ cÉ | to impress others. Take for example a small kid, who does 1. Sound knowledge: Obviously, a profound knowledge not know to talk, still, tries to impress with some actions. Right from possessed by an individual creates positive impression. small kid up to aged persons, everyone tries to create some impression 2. Charismatic personality: Mere appearance of a charismatic or the other. People try to impress their near and dears, their personality can create positive impression colleagues, neighbor's and public at large, including and without 3. Effective Speaking: Even though 1 and 2 above are not exception to politicians. A marketing professional creates so much of there, splendid speaking skill can create positive impression impression about their products or services and one should feel like to 4. Proper packaging / dress style : Proper dress core, hair style go with it. Yes, creating such an impression is very much important to etc will certainly add to create right impression succeed in this World. Why? 5. Wealth: State of the art office setup, using world class articles Many things will happen merely based on the impression. Few things and gadgets, classy vehicle etc. also help to create the right will not happen due to the impression. People keep on gauging us impression in the minds of clients, employees and article every moment, in our presence or in our absence. It is up to the minds assistants and public at large. of the people to gauge and get positive or negative impression. But, all Kindly try with these 5 aspects and the external world will observe and that impressions depend up on our overall personality, may it be our carry a different impressions at their own. conduct, character, thoughts, philosophy, the way we talk, the way we Hope the busy audit season is going on smoothly. behave and the way people observe , receive or respond to it. Thanks to Finance Minister and GST Council for postponing due date This impression can be positive or negative. All positive impressions can for GST Annual Return Filing. Yes, it has been postponed multiple times be classified as assets and all negative impressions can be classified as and still, the return filing is more difficult than doing business itself. liabilities. Endeavor is to make ease of business. However, we are yet to reach Irrespective of whether it is positive or negative, it is sensitive to the there. following: Dear friends, 1. Impression is transferable. One can transfer impression in to Indian economy is experiencing a dip in its growth in GDP Terms in the the minds of many others. last quarter and I feel, the situation is continued in August also. There is 2. Impression is susceptible. Any small negative waves can impact shortage of money in the circulation for Business and Commerce. the positive impression. But, any small positive waves cannot Banks tend to be conservative in lending. As always, in such situation, impact negative impressions. Small businesses will be in big trouble. No matter what protections are 3. Impression is convertible. Positive impression can turn to be given under MSME Act. Employees not in key roles have risk of losing negative quickly. But, negative impression will take time to jobs. That means, more and more professional consulting and out convert to positive. sourced work will be coming to practicing CAs. 4. Impression is flexible. That means, it can grow, stay stable or Snapshots of Last Six Months Initiatives: diminish. All that depends up on our personality and also the After taking charge as Chairman of Bengaluru Branch on 20th February message being spread by others about us. 2019 along with the new Managing Committee Members a snapshot 5. Impression cannot be stored and to be used as and when we need of Last Six Months Initiatives are given below. We have made good it. progress in serving the students. Served more than 1,500 additional 6. Positive Impression is an intangible asset to an individual which students as compare to same period last year. A snapshot of the same is will open up new opportunities. At the same time, a negative as under: impression may result in loss of many opportunities. Hence, we can classify in the accounting terminology that Positive impression as Intangible Asset and Negative impression as continent liability. Without any of our efforts, obviously, there will be some impression positive or negative or mix of both. However, with a conscious effort in this regard, we can build positive impression and grow to make it an Intangible Asset. But, the question is, how many CAs really work towards creating an impression. How may CAs create impression to their clients, Government authorities, their own staff and article students or their own bosses if in employment or in the society at large? Is it not required (Contd. on Next Page) 2 September 2019 Bengaluru Branch of SIRC of the Institute of Chartered Accountants of India Chairman’s Communique . can give feedback / rating for all our programs online. It will help us and the speaker to improve on the same. Kindly go to google (Contd. from previous page) play store, download Bengaluru ICAI Mobile App. CPT/Foundation, Intermediate and Final result: Happy to inform 2. New feature in our Website : We have introduced new feature that the May 2019 results were announced on 23rd August 2019. in the website, wherein, once members register for a program, Hearty Congratulations to all the students & wish you all the very system will pop up and allow to submit two questions on the best in future endeavours. I thank the faculty members who have subject. It will help the speaker to understand the expectation put their efforts and ardent work in achieving this. of the delegates and also to cover repeated questions. Kindly Major programs in the month of August 2019 use this feature. 1. SPORTS MEET: Members sports meet was held on 11th August 3. Upgrading Computer Labs: Our Computer labs were having 2019 at BEL Ground, Jalahalli. It was Inaugurated by CA Narayana system as old as 10 plus years. We have replaced all old S Bhat, Senior CA. More than 100 members participated in the computers with 150 new systems and now the lab is fully up to event in BEL Ground. It was a successful sports event. date, functional and available for students. 2. VIDWATH SABHA : One Day Seminar on ICDS and Tax Audit was 4. Additional ITT lab. We had applied to HO for additional 150 held in 17th August 2019 at Devaraj Urs Bhawan. Hon’ble MP computers to expand the ITT facility. HO had promised to deliver Shri. Tejasvi Surya kindly inaugurated and addressed our the new systems by end of August. However, there is some Members. Eminent Speakers like CA Gururaj Acharya, delay and we expect the same in September 2019. CA Prashanth GS and CA.B.P. Sachin Kumar handled the various topics splendidly and many members were benefitted. I thank 5. Career Counselling Program: New student registration is all the speakers for their contribution in this regard. not very impressive as compared to last year same period. We believe that the reason is due to delay in PU and Degree exam 3. PRABHATH PRAVACHAN: Since it is busy days due to audit results in view of general elections. However, we find that, the season, members find it convenient to come for early morning interest level among students to opt for CA course looks not breakfast meetings. Hence, we had very good attendance for Prabhath Pravachan on 24th August 2019. CS J Sundharesan impressive due to uncertainty of passing in CA and also that, had handled the session on Directors Report and disclosure in the news about few CAs being arrested is so widely spread notes to accounts under the Companies Act 2013. I thank CA J among the student community and many students feel, it is a Sundharesan for his contribution.
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