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The Chartered Accountant

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1. What are my professional objectives?<br />

What do I really want to accomplish in my life-time?<br />

1038<br />

NOVEMBER DECEMBER 2008 THE CHARTERED ACCOUNTANT<br />

NOSTALGIA<br />

A Peep into the Past<br />

Continuing with our series of contents having nostalgic value, reproduced here-in-below is ‘A Self<br />

Quiz’ published in the September 1965 issue of <strong>The</strong> <strong>Chartered</strong> <strong>Accountant</strong>, which holds merit<br />

even in the current scenario, for the information of the members.<br />

FOR A PRACTISING CHARTERED ACCOUNTANT<br />

A SELF QUIZ<br />

<strong>The</strong>se questions are deliberately thought-provoking.<br />

Answers to some of these will provide a<br />

searching analysis of the non-technical qualities<br />

required for a successful practice -<br />

Have I ever defined my objectives and committed<br />

them to writing?<br />

Have I planned any objectives for my employees?<br />

Will my employees help me to attain my real proposes?<br />

2. Am I willing to work at becoming a successful<br />

executive, or is it just wishful thinking?<br />

Will I sacrifice short-run satisfaction to accomplish<br />

my long range objectives?<br />

Am I willing to live the integrity I profess?<br />

Am I dedicated to the goals that I have set for myself<br />

and my firm?<br />

3. Have I set worthy objectives for my associates<br />

and my employees?<br />

Am I sufficiently clear in my own mind as to the functions<br />

of my practice?<br />

Have I allowed my associates and employees to share<br />

in establishing the firm’s goals, or have I imposed my<br />

own will on them?<br />

Can my employee have faith in me and in our relationship?<br />

4. Have I set sufficiently high standards of workmanship?<br />

Does my staff have the reputation for being aggressive,<br />

hard-hitting and maintaining high standards of<br />

performance?<br />

Can and does my staff take pride in being members<br />

of the firm?<br />

Do I insist on performance that gives everyone the<br />

feeling that we are moving ahead and getting things<br />

done?<br />

Do I frustrate my staff with indecision, delay, doubts<br />

and lack of faith in them?<br />

Do I have confidence in the ability and willingness of<br />

my staff to do a good job?<br />

5. Do I try to develop the creative potential of<br />

each individual in the firm?<br />

Do I want to handle all the problems myself, or am<br />

I willing to share the management function with my<br />

subordinates?<br />

Am I willing to delegate as much as I can, or do I hold<br />

on to certain phases of my job to prove that I am<br />

Indispensable?<br />

Do I try to force my own decisions on my staff or do<br />

I let them share in decision-making?<br />

<strong>The</strong> above Shield was awarded to M/s Tata Iron<br />

& Steel Co. Ltd for the year 1958-59 for the Best<br />

Presented Accounts at the Annual Meeting held<br />

in September 1960.

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