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Office Management – Welcome to
the CA community from the land of
             Money.
            CA Guru Prasad
             Guru & Jana,
         Chartered Accountants
       MEMBER OF BATGACH, INDIA
ELECTRICITY & THE
ELECTRICITY METER
Never think we are not as
intelligent as MNC guys or
           MBA’s
            l                3
Do not Hesitate to stop me
      and ask me a Q.
Let’s Play out this session and not
          attend the lecture
Clients come & Go, but
profession remains. Let us
      learn to tell NO
Money yes,
                       can we
                       take 2
                       hours a
                       week

Go for a holiday, you are in for a
 surprise! Office does function.
Relate this session
  To your office
Yawning is Bad Manners
  But Honest Opinion
Audit Evidence:-
Proof of the pudding is the pudding itself

•Started in 2003, we are 200 +
•Saved over 14% in Capex
•Have seen a growth of over 40% every year [2010/11]
•Saved over 11% on man power cost
•Manpower attrition is less than 3%
•We would be 700 in a few years, and at that stage we
still are small
•We do go home at 6.30
•I did not have to prepare for this presentation for over
2 hours
•I positively go for 3 holidays a year
•2010 I did not attend office
•One minute Program
Being Simple is not simple
Doing vs thinking
               Step 1 –
               Let us identify the
               Problems & solve those

               Let us go forward
               After Step 1

               •Technology
               •Standardisation
               •Branding
               •Strategy
               •Shared vision
Major issues
                          in CA offices
                          •Management

                          •Clients related

                          •Partners
                          issues

                          •Employee
                          issues

Minor Issues –
Administrative problems
Management problems:   Clients issues:
                                                 •Pareto's rule 80-20   •We have not got
                                                 principal              it on time

                                                 •Free work             •What is the
                                                                        progress of
                                                 •We are not able to    work
                                                 increase fees
Employees issues:-                                                      •I need 2006-07
•I am performing more                            •Work flow & work      BRS
than others                                      status
                                                                        •Which is
•senior to review the                            •Story of              correct tally,
files                                            EVERYBODY, SOMEBO      mine or yours
                                                 DY, ANYBODY, NOBOD
•No power                                        Y.                     •You only
                                                                        advised me to
•Searching of files                                                     do this 2008
                        Administrative issues:
                        •Billings
                                                                        • Don’t change
                        •Back up time
                                                                        your staff
                        •Power of C: Drive
                        •Servers &
                                                                        •You do not give
                        Maintenance
                                                                        me time
Technology – Where are we
• Ready made clouds available
• Control of your practice
• HR Related issues
• Dynamic partnerships
• Speed, safety, access data
• Hard ware costs, Savings
• Tax Audit?, ETDS?, payroll?
ROC work? Statutory audit?
CMA?, Costing? VAT? US Gaap?
• Do I need an office finally?
STANDARDISATION
BRANDING

Visiting Cards, logo, website, Plush
offices, glossy stationery, PR exercise,
Attire – Are we painting a dead Horse.

External vsinternal branding

•Research – publications, news letters
•Standardization across offices
•Policies & practices
•White papers
•Stand point taken

One in a billion thoughts:
•Returns on 1st April
•Simplicity and speed at work – Faith
•ERP for entire work management
•Create 100 CA’s in our office
•LEED certificate
•Paper less offices
Have CA’sStratergised enough?

              • Q1. Are 2a and 2b
                the same height?
              • Q2. Do the tiles in
                2a cover as much
                area as 2b, more
                or less?
              • Q3. Can tiles in 2b
                stack up to the
                height of 2c, more
                or less?
What are our client acquisition
         strategies?
           • How many of us have a SWOT?
           • What is the key differentiator
             between us and others?
           • Why cant small firms become BIG
           • What is the strategy to build trust,
             we would loose 60 years of life
           • Walk with a Stick and it can move
             the nation – can be strategy
           • Power Point does not have power
             any more.
Vision and mission
• Lets Make money, but that is not vision.
• Washing powder is it a strategy
• Laugh and serve is it a strategy
• Nokia Vs Kodak, counter against MNC firms.
• Air ticket at Rs.1 /- could bring the biggest to knees.
• Hiring, Firing, salary, billing, differentiators, partnership, goodwill, in
  vestment all based on the vision.
• Shared vision is a larger asset than immovable property, it is the
  spirit of the entity
• Analytics towards vision, policies towards vision, mission towards
  vision and constant measurement
• 1000 Crores turnover – in excel
See you post lunch

• Thank you, when we all become a name to be
  talked about.
• Thank you when we implement stuff and
  make the profession proud of us
• Thank you when we run behind a vision and
  money runs behind us
• Thank you when you thank you.

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Office management final

  • 1. Office Management – Welcome to the CA community from the land of Money. CA Guru Prasad Guru & Jana, Chartered Accountants MEMBER OF BATGACH, INDIA
  • 3. Never think we are not as intelligent as MNC guys or MBA’s l 3
  • 4. Do not Hesitate to stop me and ask me a Q.
  • 5. Let’s Play out this session and not attend the lecture
  • 6. Clients come & Go, but profession remains. Let us learn to tell NO
  • 7. Money yes, can we take 2 hours a week Go for a holiday, you are in for a surprise! Office does function.
  • 8. Relate this session To your office
  • 9. Yawning is Bad Manners But Honest Opinion
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  • 18. Audit Evidence:- Proof of the pudding is the pudding itself •Started in 2003, we are 200 + •Saved over 14% in Capex •Have seen a growth of over 40% every year [2010/11] •Saved over 11% on man power cost •Manpower attrition is less than 3% •We would be 700 in a few years, and at that stage we still are small •We do go home at 6.30 •I did not have to prepare for this presentation for over 2 hours •I positively go for 3 holidays a year •2010 I did not attend office •One minute Program
  • 19. Being Simple is not simple
  • 20. Doing vs thinking Step 1 – Let us identify the Problems & solve those Let us go forward After Step 1 •Technology •Standardisation •Branding •Strategy •Shared vision
  • 21. Major issues in CA offices •Management •Clients related •Partners issues •Employee issues Minor Issues – Administrative problems
  • 22. Management problems: Clients issues: •Pareto's rule 80-20 •We have not got principal it on time •Free work •What is the progress of •We are not able to work increase fees Employees issues:- •I need 2006-07 •I am performing more •Work flow & work BRS than others status •Which is •senior to review the •Story of correct tally, files EVERYBODY, SOMEBO mine or yours DY, ANYBODY, NOBOD •No power Y. •You only advised me to •Searching of files do this 2008 Administrative issues: •Billings • Don’t change •Back up time your staff •Power of C: Drive •Servers & •You do not give Maintenance me time
  • 23. Technology – Where are we • Ready made clouds available • Control of your practice • HR Related issues • Dynamic partnerships • Speed, safety, access data • Hard ware costs, Savings • Tax Audit?, ETDS?, payroll? ROC work? Statutory audit? CMA?, Costing? VAT? US Gaap? • Do I need an office finally?
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  • 26. BRANDING Visiting Cards, logo, website, Plush offices, glossy stationery, PR exercise, Attire – Are we painting a dead Horse. External vsinternal branding •Research – publications, news letters •Standardization across offices •Policies & practices •White papers •Stand point taken One in a billion thoughts: •Returns on 1st April •Simplicity and speed at work – Faith •ERP for entire work management •Create 100 CA’s in our office •LEED certificate •Paper less offices
  • 27. Have CA’sStratergised enough? • Q1. Are 2a and 2b the same height? • Q2. Do the tiles in 2a cover as much area as 2b, more or less? • Q3. Can tiles in 2b stack up to the height of 2c, more or less?
  • 28. What are our client acquisition strategies? • How many of us have a SWOT? • What is the key differentiator between us and others? • Why cant small firms become BIG • What is the strategy to build trust, we would loose 60 years of life • Walk with a Stick and it can move the nation – can be strategy • Power Point does not have power any more.
  • 29. Vision and mission • Lets Make money, but that is not vision. • Washing powder is it a strategy • Laugh and serve is it a strategy • Nokia Vs Kodak, counter against MNC firms. • Air ticket at Rs.1 /- could bring the biggest to knees. • Hiring, Firing, salary, billing, differentiators, partnership, goodwill, in vestment all based on the vision. • Shared vision is a larger asset than immovable property, it is the spirit of the entity • Analytics towards vision, policies towards vision, mission towards vision and constant measurement • 1000 Crores turnover – in excel
  • 30. See you post lunch • Thank you, when we all become a name to be talked about. • Thank you when we implement stuff and make the profession proud of us • Thank you when we run behind a vision and money runs behind us • Thank you when you thank you.