While doing the audit of a nationalised bank, your Audit Assistant informed you that there are a lot of irregularities in Telegraphic Transfers and Demand Drafts. What guidance would be given to the Audit Assistant?
Sorry for that. That’s the million dollar question for the day! I’m supposed to have an answer to it! UNsurprisingly I DON’T.
Because;
1) I don’t have an Audit Assistant.
2) I haven’t done the audit of a nationalised bank.
3) I can’t Audit to save my life.
Lately, I wake up every morning with a horrible feeling that I’m living someone else’s life. You know the thing where you are you but stuck in someone else’s body? Aaahh, I wish I could explain that but I think there have been a couple of movies made on those lines. Freaky Friday for instance, starring Lindsay Lohan. Don’t be judgemental and jump the gun! I just googled it, apparently a decent movie. So in there, the mother and daughter, as a result of a Fortune Cookie, wake up one morning to know their bodies have been switched.
That’s exactly how I feel, only I don’t know the person with whom this switch has taken place! A MIS-fortune Cookie!
I’m stuck in a course that that doesn’t interest me. For that matter, finance doesn’t interest me. Ask me what’s 56 plus 49. You’ll see me zone out. My face would remind you of Ishaan Awasthy from Taare zameen par. (I’ve still not calculated that by the way!)
You’re bound to wonder why I took this course up in the first place. For that matter, why I took up Commerce! We often don’t have answers to many questions in life. So let’s consider this question as one of those.
When I read these extremely interesting (NOT) CA books, my eyes automatically scan the pages for grammar and spelling errors, which for your knowledge are plenty.
I come across things that only someone as jobless as me would find funny! Eg. While going through a chapter in Financial Management, I stumbled upon a concept called ‘Head and Shoulders’. I immediately put that up as my Whatsapp status saying ‘Security Analysis also covers cure for Dandruff.’ That’s how my brains are wired. (By the way, I wonder if dandruff occurs on nearly bald heads too, what with CA being the top most cause of Hair-fall!!)
In my opinion, ICAI could benefit from making me their Editor rather than a CA with no Audit and Accounting skills but like I’ve said before, unfortunately English has as much importance in CA as CA holds in my life! 😛
On a serious note, I’ve come this far. I’ve struggled with subjects that don’t enter my head easily. I’ve been put down enough by their evaluation of my answer papers. I’ve come to hate the no. 189 thanks to getting that score twice now.
This time it’s personal. It’s a war. I’m going to fight this for all those people who couldn’t finish the course, had to quit after a few failed attempts for whatever reason.
Dear ICAI, see you soon.
If I can take 189 to 221 once,
I can very well do the same again.
P.S. For all those struggling with CA, feel free to contact me for some entertainment, at the cost of CA. Harmless humor*
ICAI publishes Revision Test Papers, that goes by the name, ‘R.T.P’. However, going by the personality and contents, I lovingly call it ‘R.I.P’!
Cheers!
C.A.: Confused Aquarian 