Nuggets from the book "Beyond Auditing"

G Narayanaswamy, (92 Years) a protégé of former Madras presidency Chief Minister C Rajagopalachari, also served as his auditor, passed away on the 23rd August 2019. G.Narayanaswamy is related to S Gurumurthy, well-known auditor and editor of Thuglak magazine. He authored ‘Beyond Auditing’, an autobiography.

Some nuggets from his book:

•       Affection has nothing to do with financial assistance.

•       Ones ethical character is as valuable for success in a profession as one’s competence and intelligence.

•       Professional assignment should not be accepted without knowing the antecedents of the client.

•       Satisfied clients become your best Public Relations Officer.

•       Perception of competence has two components: the speed with which an assignment is completed; and perfection.

•       Success is attributed to well-prepared homework, expeditious disposals and also earnestness

•       Success also depends on your patience, presenting facts in a persuasive and pleasant manner and not to get into an argument.

•       The respect that a professional or any individual commands would ultimately depend upon his usefulness to others while knowledge could be improved, intelligence must be applied in all cases.

•       Understand what hospitability is; helping others would give greater happiness; financing is not a desirable occupation; give utmost consideration to professional opinion; be humble when strong; finally ego does not take you anywhere.

•       Understand the difference between a debate and discussion. The debate is a discourse where 2 or more people participate to prove that one’s view is right and another wrong (it is 2-2). In the case of a discussion, one supplement and improves the ideas of others (it is 2+2).

…….Compiled by @ps., August 2019