Management Accountant

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June 24, 2008 • 9:49 pm 0

Who will be a better Accountant – Shahrukh Khan or Aamir Khan ?

Shahrukh Khan and Aamir Khan are two famous personalities in Bollywood. Both are equally successful and have a huge fan following. It depends upon what you consider success? Is it female fan following or fame or money. Never mind !!!

I am looking at the traits each one has. Then let you decide who will be a better accountant. Please use your imagination which one is more suitable to be a successful management accountant.

Shahrukh Khan

Mostly acts in movies that have contemporary themes.
Mostly works with a same set of people and makes movies with them and repeats the success.
He has a good PR and he tours around the world. All the tours are well publicized giving the details of what he eats, whom he meets and when he goes to sleep. This makes him known and people are interested in his next movie release.
He is approachable and gives frequent interview on TVs.
He started as a TV star. Sometimes he host TV quiz shows.
People know him very well since he acts in TV commercials. He makes good use of TV as a medium to maintain his popularity.
Sometimes experiments with movies with a different story and that gets him noticed.
Dances very well and challenges anyone to dance with him.

Aamir Khan

Some say he is a tough guy and he goes into minute details during movie making.
His movies are innovative, different, story oriented and at the same time convey social theme. More focused on reality.
He does not socialize and hates interviews.
He prefers that his work talks for himself rather than him.
He does not believe in awards like Filmfare but attempts for Oscars.
He can dance very well in movies but he does not tour or dance in shows. So general public do not know whether he is interesting or boring.
He makes few movies but they are blockbusters.
He always gives opportunities to new people in his movies and repeats his success with new set of people.

Aamir and Sharukh Khan are successful personalities in Bollywood. To summarise the traits above are leadership style, team management, self promotion, work and standards/ethics. Both the actors are successful using these traits to a different degree.

Please vote on who will be a successful accountant in a corporate environment depending on the traits they display.

Who will be a successful Management Accountant ?
( surveys)

I would like you to use your own imagination in making your choices and also add comments on the blog post. Looking forward to see your vote and comments.

Don’t forget Rate this Blog post.

Regards,

Santosh Puthran

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Filed under: Poll, Social Networking, Wits and Speech

• 9:49 pm 0

Who will be a better Accountant – Shahrukh Khan or Aamir Khan ?

Shahrukh Khan and Aamir Khan are two famous personalities in Bollywood. Both are equally successful and have a huge fan following. It depends upon what you consider success? Is it female fan following or fame or money. Never mind !!!

I am looking at the traits each one has. Then let you decide who will be a better accountant. Please use your imagination which one is more suitable to be a successful management accountant.

Shahrukh Khan

Mostly acts in movies that have contemporary themes.
Mostly works with a same set of people and makes movies with them and repeats the success.
He has a good PR and he tours around the world. All the tours are well publicized giving the details of what he eats, whom he meets and when he goes to sleep. This makes him known and people are interested in his next movie release.
He is approachable and gives frequent interview on TVs.
He started as a TV star. Sometimes he host TV quiz shows.
People know him very well since he acts in TV commercials. He makes good use of TV as a medium to maintain his popularity.
Sometimes experiments with movies with a different story and that gets him noticed.
Dances very well and challenges anyone to dance with him.

Aamir Khan

Some say he is a tough guy and he goes into minute details during movie making.
His movies are innovative, different, story oriented and at the same time convey social theme. More focused on reality.
He does not socialize and hates interviews.
He prefers that his work talks for himself rather than him.
He does not believe in awards like Filmfare but attempts for Oscars.
He can dance very well in movies but he does not tour or dance in shows. So general public do not know whether he is interesting or boring.
He makes few movies but they are blockbusters.
He always gives opportunities to new people in his movies and repeats his success with new set of people.

Aamir and Sharukh Khan are successful personalities in Bollywood. To summarise the traits above are leadership style, team management, self promotion, work and standards/ethics. Both the actors are successful using these traits to a different degree.

Please vote on who will be a successful accountant in a corporate environment depending on the traits they display.

Who will be a successful Management Accountant ?
( surveys)

I would like you to use your own imagination in making your choices and also add comments on the blog post. Looking forward to see your vote and comments.

Don’t forget Rate this Blog post.

Regards,

Santosh Puthran

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Filed under: Management Accountant, Poll, Social Networking, Wits and Speech

June 18, 2008 • 10:30 pm 0

Firefox How do they make money

I downloaded Firefox 3 yesterday . I and am very happy with the improvements Mozilla has made to the browser (more than 15000 to be precise). Over 8 million downloads has been made in 24 hours. Let’s see whether it becomes a world record.

Yesterday, I downloaded the add-on Feedly and it provides a wonderful browsing experience to read all my RSS feeds in one window like a magazine. You should have a iGoogle account. to use Feedly since it gets data from your igoogle settings.

I wondered how free software like Firefox, Digg, Snurl make money or fund their projects ?

I searched on google and found answers:

Firefox

Mozilla Corporation makes all that money because of the Google Search box on the top right. If you search with that box (which I do all day long) and you click on the Google ads on the results page Firefox gets ~80% of that. They also have Amazon in the search box, and other services that I’m sure kick them back some affiliate fees. Brilliant.

Source: Calacanis.com

Digg.com

It’s speculative math, to be sure, but let’s take a whack at it. The CPM (cost per thousand displays) rates for Digg’s new design are $16 for 728×90 leaderboards, $14 for 120×600 skyscraper positions, and $9 for 125×125 blocks. The 125×125 slots often seem to be filled by Google AdSense ads, which will probably monetize at a slightly lower rate than $9 per thousand displays – but not much lower, given Digg’s tech-related topics. So let’s say $6 CPM for the 125×125 spots. Simple maths is $ 800k a month.

Source: Blogprofit.net

Google has been the main driver to the development of the open source software. You may also see that most of the websites running google adsense.

You will also notice that free software vendors have their own stores … mainly selling T-shirts, caps or cups with logo printed on it. The cost of the T-shirt with $ 15 which is equivalent to one year subscription of any anti-virus software. So you buy it, you are funding the software !!! Visit some of the stores.

The revenue model for the business has changed. No direct selling of software. More the number of users for the product, more the advertisers and sponsors.

Imagine if put this as a case study to Accountants whether this model is ethical or not, the arguments would swing both ways !!!

I feel that any business to be successful has to have a good revenue model. A good stream of funding will make the entrepreneur direct his time and energies for the business to be successful.

Please leave your comments and rate the blog post.

Regards,

Santosh Puthran

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digg_url = ‘http://managementaccountant.blogspot.com/2008/06/firefox-how-do-they-make-money.html’;

Which Internet browser do you use ?
( surveys)

Filed under: Management Accountant, Poll, Technology

April 13, 2008 • 8:22 am 48

Poll : Does CIMA, UK qualification add value

Poll : Does pursuing CIMA, UK qualification add value to a member of ICWAI, India ? Vote on the poll and share your thoughts by commenting the blog.

Poll: Vote here

I feel that if you are a member of ICWAI and you pursue CIMA, UK qualification, you are not adding any value to your skills since you will be learning the same. Once you are qualified, you are still a Cost & Management Accountant but from UK. For an employer, I would still have same skills and training on Management Accounting.

However if you pursue qualification like Company Secretary or CPA or ACCA, your skills are enhanced with the knowledge gained during training and passing of exams. After qualification, you are bound to follow the CPD programs of ICWAI and other institute. In competitive world, employer look for people with multiple skills.

Which one promotes you as professional better against your name:

AICWA, ACMA
or AICWA, ACS
or AICWA, CPA
or AICWA, ACCA

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Filed under: CIMA, ICWAI, Poll

• 8:22 am 4

Poll : Does CIMA, UK qualification add value

Poll : Does pursuing CIMA, UK qualification add value to a member of ICWAI, India ? Vote on the poll and share your thoughts by commenting the blog.

Poll: Vote here

I feel that if you are a member of ICWAI and you pursue CIMA, UK qualification, you are not adding any value to your skills since you will be learning the same. Once you are qualified, you are still a Cost & Management Accountant but from UK. For an employer, I would still have same skills and training on Management Accounting.

However if you pursue qualification like Company Secretary or CPA or ACCA, your skills are enhanced with the knowledge gained during training and passing of exams. After qualification, you are bound to follow the CPD programs of ICWAI and other institute. In competitive world, employer look for people with multiple skills.

Which one promotes you as professional better against your name:

AICWA, ACMA
or AICWA, ACS
or AICWA, CPA
or AICWA, ACCA

Amazon.co.uk Widgets

Regards,

Santosh Puthran

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Filed under: CIMA, ICWAI, Management Accountant, Poll

April 12, 2008 • 3:47 pm 0

India and China

There is an article on Daily Mail, UK “Why China is the REAL master of the universe ?” by Anthony Brown emphasises

“The global power shift from the West to the East is no longer just a matter of debate confined to learned journals and newspaper columns – it is a reality that is beginning to have a huge impact on our daily lives.

After a long hibernation, China, and her 1.3 billion people – twice the population of the U.S. and EU combined – is awaking almost overnight.

And not just China. The world’s second most populous country, India, is industrialising at a historically unprecedented pace.

The economic explosion of China, and to a lesser extent India, has given them an almost overpowering hunger for raw materials with which to build their factories, homes and cars.

Western attitudes of superiority to China and the rest of the East will also subside, as Westerners realise they are no longer the masters of the world.

The U.S. company Orient Express complained when Tata tried to buy it, that any association with the Indian company would damage the Orient Express’s premium brand.

Responding, R K Krishna Kumar, a senior Tata executive, thundered that “Indian companies … will take their rightful place in the international arena.

“Enterprises and individuals must recognise and adapt to these fundamental economic changes. We believe that those with a fossilised frame of mind risk being marginalised.”

Participate in the Poll : Click here to vote

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• 3:47 pm 0