Felicitation @ New College

Folks,

I am greatly honoured to get the recognition for my presence before Respected CA. Khalilullah Saheb, President MEASI and Shri. Mohd. Ansary, Secretary MEASI

Date: 25th July 2013

Time: 11:50 am

Venue: MEASI Auditorium, New College, Royapettah, Chennai

Occasion: Career Counselling Programme for New College Students.

10th APRIL 2013 - Day Schedule - Classes handled by GKR

Timings	Topic	Place	Participants
10:00 AM to 01:00 PM	IND AS - Change to next Bigger Orbit	6th Level, Indian Oil Bhavan, No.139. Nungambakkam High Road, Chennai 600 034.	Sr. Audit Officers/ Audit Officers/ Assistant Audit Officers.
02:00 PM to 05:00 PM	Data Analysis & Research Methodology	ICAI Bhawan, MG Road, Nungambakkam, Chennai	GMCS 1 - BATCH V - IPCC - CA Students

CPT - Quantitative Aptitude Classes Scheduled at SIRC of ICAI during April 2013 - Faculty CA. GOPAL KRISHNA RAJU

Date	Day	Time	Venue
Section A
7-Apr-2013	SUNDAY	06:30 AM to 09:30 AM	ICAI Bhawan, SIRC of ICAI, Chennai
14-Apr-2013	SUNDAY	06:30 AM to 09:30 AM	ICAI Bhawan, SIRC of ICAI, Chennai
20-Apr-2013	SATURDAY	06:30 AM to 09:30 AM	ICAI Bhawan, SIRC of ICAI, Chennai
Section B
10-Apr-2013	WEDNESDAY	06:30 AM to 09:30 AM	ICAI Bhawan, SIRC of ICAI, Chennai
13-Apr-2013	SATURDAY	06:30 AM to 09:30 AM	ICAI Bhawan, SIRC of ICAI, Chennai
29-Apr-2013	MONDAY	06:30 AM to 09:30 AM	ICAI Bhawan, SIRC of ICAI, Chennai
Section C
13-Apr-2013	SATURDAY	05:00 PM to 08:00 PM	ICAI Bhawan, SIRC of ICAI, Chennai
24-Apr-2013	WEDNESDAY	05:00 PM to 08:00 PM	ICAI Bhawan, SIRC of ICAI, Chennai
28-Apr-2013	SUNDAY	10:00 AM to 01:00 PM	ICAI Bhawan, SIRC of ICAI, Chennai

Pregnant Deer Scenario

Pregnant Deer Scenario

In a remote forest, a pregnant deer is about to give birth to a baby. It finds a 

remote grass field near by a river and slowly goes there thinking it would be safe. As she moves slowly, she gets labor pain…. at the same moment, dark clouds gather around that area and lightning starts a forest fire. Turning left she sees a hunter who is aiming an arrow from a distance. As she tries to move towards right, she spots a hungry lion approaching towards her.

Stochastic Probability Theory - Pregnant Deer Scenario

What can the pregnant deer do ….as she is already under labor pain ?

…

…

…

What do you think will happen ? 

Will the deer survive ? 

Will it give birth to a fawn ? 

Will the fawn survive ? or 

Will everything be burnt by the forest fire ?

…

…

…

…

That particular moment ?

…

…

…

Can the deer go left ? – Hunter’s arrow is pointing

Can she go right ? – Hungry male lion approaching

Can she move up ? – Forest fire

Can she move down ? – Fierce river

Answer:

She does nothing. She just focuses on giving birth to a new LIFE.

The sequence of events that happens at that fraction of a second (moment) are as follows:

In a spur of MOMENT …a lightning strikes (already it is cloudy ) and blinds the eyes of the Hunter. At that MOMENT, he releases the arrow missing and zipping past the deer. At that MOMENT the arrow hits and injures the lion badly. At that MOMENT, it starts to rain heavily and puts out the forest fire. At that next MOMENT, the deer gives birth to a healthy fawn.

In our life, it’s our MOMENT of CHOICE and we all have to deal with such negative thoughts from all sides always. Some thoughts are so powerful they overpower us and makes us clueless. Let us not decide anything in a hurry. Let’s think of ourselves as the pregnant deer with the ultimate happy ending. Anything can happen in a MOMENT in this life. If you are religious, superstitious, atheist, agnostic… or whatever… you can attribute this MOMENT as divine intervention, faith, sudden luck, chance (serendipity), coincidence… or a simple ‘don’t know’. We all feel the same. But, whatever one may call it, I would see the priority of the deer in that given moment was to giving birth to a baby…. because LIFE IS PRECIOUS.

Hence, whether you are deer or a human, keep that faith and hope within you always.

Detection and Audit of Frauds & Investigative Audit

The Chennai Chapter of the Institute of Public Auditors of India is conducting a two weeks intensive training programme on Auditing Practices in India for audit personnel of the office of the Auditor General, Southern Regional State of Ethiopia from 3rd Dec. to 14th Dec. 2012. The participants are of the rank of Audit Managers like the Audit Officers of the Indian Audit Dept.

The following session is handled by me
Monday, 10th December  2012 : 2.00 pm to 4.45 pm
Venue: The Board Room( # 201- II floor) of Hotel BENZZ Park, Thirumalai Pillai Road , Near Vani Mahal, T. Nagar Chennai-600017


The Topic is: Detection and Audit of Frauds & Investigative Audit

Reflections by CA. Sadasivam Ramalingam on "Documentation and Tools on Tax Audit" CPE Seminar Held at Vellore Branch of SIRC of ICAI on 1st SEP 2012

Dear Sri.Gopala Krishna Raju - 

You did a wondeful job of handling 'Docmentation and Tools on Tax Audit' at Vellore. I as a 1st generation CA is handling audit and maintaining working papers to a reasonably better way to comply with the professional requirement as expected by the institute. Thanks to a good training I had with Mr.V.Krishnan, past regional council member. Last Saturday we had the benefit of sharing 2 generations of auditing office experience and exposure. I learned a lot and noted many useful points. A few points to mention :

1. To take a copy of clients a/cing data and to work on it for auditing pupose. To share that data with the IT officers.
2. Acceptance of soft copies as evidence specified by the IT Act, 2000 and IT (Amendment) Act, 2008.
3. For huge stock value better to get another CA's certificate.
4. Control chart of group transactions.

I mention these points, apart from thanking and complimenting you, to make you feel happy that your effort has really benifited many members.

Your system knowledge is quite amazing. I had seen this in your article on XBRL, your session on utilities of XL and on last Saturday while demonstrating - importing of bank statement from bank data and step by step fine tuning for our analitical purpose. 

Nice to see such knowledgeable people in the council contributing a lot for our members. May God contiue to Bless you with knowledge and wisdom for ever.

CA. Sadasivam Ramalingam 

Vellore

Sep 2, 2012

Reflections of Alekhya Jonnalagadda - CA Student - Vijayawada

till now i ve attempted ipcc for 4 times and couldnt pass the exams..so thought of leaving C.A..but after listening to ur speech and T.N MANOHARAN sir's speech i got inspired and decided not to give up C.A..THANK U SO MUCH SIR FOR THE WONDERFUL SESSION OF URS...now i started working hard for the coming exams..

your speech inspired me a lot sir....

participant at national conventionof C.A students which was held last month in vijayawada

https://www.facebook.com/alekhya.jonnalagadda

CA IPCC - Nov 2012 - Information Technology Classes @ Kannur

Folks,


On August 2nd and 3rd (thursday and Friday) 2012, I am handling two full day classes at Kannur (Kerala) for CA IPCC students.


Hope to see your there.


GKR

CPE Seminar on FEMA

CPE Seminar on FEMA

Organised by Committee for Banking, Insurance & Pension of SIRC of ICAI

On 21^st & 22^nd MAY (Monday & Tuesday) 2012 at SIRC of ICAI from 04:00 PM to 08:30 PM CPE Credit – 8 Hours

Esteemed Member,                                                                                   

SIRC of ICAI is pleased to announce TWO day seminar on the Foreign Exchange Management Act, 1999 (FEMA), the gateway legislation for all inbound and outbound investments which has undergone several changes and amended regularly to keep pace with the dynamic Global Financial World.

To facilitate our members to stay upto date with the latest developments in FEMA, the Committee on Banking, Insurance & Pension designed this unique 8 hour CPE.  The schedule for the program is given below for your reference:

8 Hour CPE Seminar on FEMA
Seminar Theme: From Thought to Clarity
Organized by Committee for Banking, Insurance and Pension of SIRC of ICAI
Session		MAY 21st - MONDAY		Time	Duration	Chief Guest & Guest of Honour
		Inaugural Session		3:45 pm to 4:15 pm	30 min	Chief Guest: Dr.J.Sadakkadulla                                  Guest of Honour: CA. J. Venkateswarlu, CCM, ICAI
						Chairman	Speaker
1		Technical Session I: Introduction to FEMA and Role of Chartered Accountants under FEMA		04:15 pm to 05:30 pm	75 min	CA. P.R.Aruloli	CA. Rashmin Sanghvi
		Coffee / Tea Break
2		Technical Session II: Deposit Schemes for Non-Residents, FC accounts for Persons Resident in India, Borrowing and Lending in FC & INR		05:45 pm to 06:15 pm	30 min	CA. R. Chandrasekaran	Mr. Brij Raj , DGM /Member of Faculty - RBI Staff College
3		Technical Session III: Investment by NRIs & PIOs		06:15 pm to 07:30 pm	75 min	CA. M. Bashyakar	Dr.S. Durairajan, DGM, Reserve Bank of India (Rtd)
4		Technical Session IV: Acquisition and Transfer of Immovable Property in India & Outside India		07:30 pm to 08:30 pm	60 min	CA. Mahesh Krishnan	CA. P. Venkatesan
Session		MAY 22nd - TUESDAY		Time	Duration	Chairman	Speaker
5		Technical Session V: Foreign Direct Investment (including Real Estate Policy)		04:00 pm to 05:15 pm	75 min	CA. B. Ramana Kumar	CS. S. Dhanapal
		Coffee / Tea Break
6		Technical Session VI: Valuation of Shares under FEMA		05:30 pm to 07:00 pm	90 min	CA. Ashok Deora	CA. R. Venkatesan, Director, BSR & Co
7		Technical Session VII: Establishment of a Branch / Liaison / Project Office in India; Establishment of Branch / Representative Office outside India; Outbound Investments		07:00 pm to 08:30 pm	90 min	CA. C R Kumar	Advocate K. Ramesh, Corporate Lawyer
		Dinner		08:30 pm onwards on both days
	Where		Brahmayya Memorial Hall, ICAI Bhawan, No.122, M.G. Road, Chennai - 600034
	Fees:		Rs: 1000/- (inclusive of Handout Material, Folder and Dinner)

Kindly send a line by return mail to sirc@icai.in for early registrations. Please, send your written queries on FEMA for due discussions by respective technical speakers, if any.

With Warm regards,

Secretary, SIRC of ICAI

Chairman, CBI &P

Chairman, SIRC of ICAI

11 Habits

11 Habits that will help you live for 100 years


1. Do not Retire
Evidence shows that in societies where people stop working abruptly, the incidence of obesity and chronic disease skyrockets after retirement," says Luigi Ferrucci, director of the Baltimore Longitudinal Study of Aging. The Chianti region of Italy, which has a high percentage of centenarians, has a different take on leisure time. "After people retire from their jobs, they spend most of the day working on their little farm, cultivating grapes or vegetables," he says. "They're never really inactive." Farming isn't for you? Volunteer as a docent at your local art museum or join the Experience Corps, a program offered in 19 cities that places senior volunteers in urban public elementary schools for about 15 hours a week.


2. Floss Every Day
That may help keep your arteries healthy. A 2008 New York University study showed that daily flossing reduced the amount of gum-disease-causing bacteria in the mouth. This bacteria is thought to enter the bloodstream and trigger inflammation in the arteries, a major risk factor for heart disease. Other research has shown that those who have high amounts of bacteria in their mouth are more likely to have thickening in their arteries, another sign of heart disease. "I really do think people should floss twice a day to get the biggest life expectancy benefits," says Perls.


3. Move Around
"Exercise is the only real fountain of youth that exists," says Jay Olshansky, a professor of medicine and aging researcher at the University of Illinois at Chicago. "It's like the oil and lube job for your car. You don't have to do it, but your car will definitely run better." Study after study has documented the benefits of exercise to improve your mood, mental acuity, balance, muscle mass, and bones. "And the benefits kick in immediately after your first workout," Olshansky adds. Don't worry if you're not a gym rat. Those who see the biggest payoffs are the ones who go from doing nothing to simply walking around the neighborhood or local mall for about 30 minutes a day. Building muscle with resistance training is also ideal, but yoga classes can give you similar strength-training effects if you're not into weight lifting.


4. Eat a Fiber-Rich Cereal for Breakfast
Getting a serving of whole-grains, especially in the morning, appears to help older folks maintain stable blood sugar levels throughout the day, according to a recent study conducted by Ferrucci and his colleagues. "Those who do this have a lower incidence of diabetes, a known accelerator of aging," he says.


5. Get at Least Six Hours of Sleep Each Night
Instead of skimping on sleep to add more hours to your day, get more to add years to your life. "Sleep is one of the most important functions that our body uses to regulate and heal cells," says Ferrucci. "We've calculated that the minimum amount of sleep that older people need to get those healing REM phases is about six hours." Those who reach the century mark make sleep a top priority.


6. Consume Whole Foods, Not Supplements
Strong evidence suggests that people who have high blood levels of certain nutrients - 
selenium, beta-carotene, vitamins C and E - age much better and have a slower rate of cognitive decline. Unfortunately, there's no evidence that taking pills with these nutrients provides those anti-aging benefits. "There are more than 200 different carotenoids and 200 different flavonoids in a single tomato," points out Ferrucci, "and these chemicals can all have complex interactions that foster health beyond the single nutrients we know about like lycopene or vitamin C." Avoid nutrient-lacking white foods (breads, flour, sugar) and go for all those colorful fruits and vegetables and dark whole-grain breads and cereals with their host of hidden nutrients.


7. Be Less Neurotic
It may work for Woody Allen, who infuses his worries with a healthy dose of humor, but the rest of us neurotics may want to find a new way to deal with stress. "We have a new study coming out that shows that centenarians tend not to internalize things or dwell on their troubles," says Perls. "They are great at rolling with the punches." If this inborn trait is hard to overcome, find better ways to manage when you're stressed: Yoga, exercise, meditation, tai chi, or just deep breathing for a few moments are all good. Ruminating, eating chips in front of the TV, binge drinking? Bad, very bad.


8. Live Like a Seventh Day Adventist
Americans who define themselves as Seventh Day Adventists have an average life 
expectancy of 89, about a decade longer than the average American. One of the basic 
tenets of the religion is that it's important to cherish the body that's on loan from God, 
which means no smoking, alcohol abuse, or overindulging in sweets. Followers typically stick to a vegetarian diet based on fruits, vegetables, beans, and nuts, and get plenty of exercise. They're also very focused on family and community.


9. Be a Creature of Habit
Centenarians tend to live by strict routines, says Olshansky, eating the same kind of diet and doing the same kinds of activities their whole lives. Going to bed and waking up at the same time each day is another good habit to keep your body in the steady equilibrium that can be easily disrupted as you get on in years. "Your physiology becomes frailer when you get older," explains Ferrucci, "and it's harder for your body to bounce back if you, say, miss a few hours of sleep one night or drink too much alcohol." This can weaken immune defenses, leaving you more susceptible to circulating flu viruses or bacterial infections.


10. Stay Connected
Having regular social contacts with friends and loved ones is key to avoiding depression, which can lead to premature death, something that's particularly prevalent in elderly widows and widowers. Some psychologists even think that one of the biggest benefits elderly folks get from exercise the strong social interactions that come from walking with a buddy or taking a group exercise class. Having a daily connection with a close friend or family member gives older folks the added benefit of having someone watch their back. "They'll tell you if they think your memory is going or if you seem more withdrawn," says Perls, "and they might push you to see a doctor before you recognize that you need to see one yourself."


11. Be Conscientious
The strongest personality predictor of a long life is conscientiousness—that is, being prudent, persistent, and well organized, according to The Longevity Project, coauthored by Howard Friedman and Leslie Martin. The book describes a study that followed 1,500 children for eight decades, collecting exhaustive details about their personal histories, health, activities, beliefs, attitudes, and families. The children who were prudent and dependable lived the longest, Friedman says, likely because conscientious types are more inclined to follow doctors' orders, take the right medicines at the right doses, and undergo routine checkups. They're also likelier to report happier marriages and more satisfying work lives than their less conscientious peers.