Tulasi S Sastri, is a Chartered Accountant (FCA) and a Certified
Information Systems Auditor (CISA). In his professional career of over 38
years, he had the opportunity to work in varied types of industries, and in
different roles, as an accountant, a programmer, a systems analyst, a
Controller and as an Internal Auditor. His experience covered both Projects and
Operating Phases of organizations. In this book, he has shared his experiences
in the form of “stories”. Focus is on application of concepts to live
situations and the consequential gains.
Young accounting professionals
could obtain greater conceptual clarity through application of various
principles depicted in some of the stories. Students of Business Management
could be benefitted by going through the articles which are like management
case studies. Prior accounting knowledge is not required for understanding and
appreciating the concepts. In that sense this book could be of use to managers
in general, who are interested in knowing how to translate business operations
into money. Finally consultants who are associated with business application
development could find useful ideas, by relating the events described in the
book to their own work requirements.
Accountants are no longer mere bean
counters. If they do not confine themselves to the boundary of their “books”,
the author believes that they can make significant contribution to performance improvements
in their organizations. About twenty five true incidents described as stories
in this book, with one or more useful ideas in each story, highlight benefits
of this approach.