Niranjan Maruthamuthu

Data analysis requires deeper exploration:

Data analytics is a powerful tool for decision-making, but managers must not blindly trust the surface results. They should investigate deeper insights and view surface data with professional skepticism. Emergence of new tools in finance:

New data analytics tools in the financial sector provide unique insights but also create challenges when applying skepticism. Bigger data availability leads to more information but also increases challenges in identifying and managing red flags. Concern of false positives:

False positives occur when data identifies anomalies that turn out to be normal variations upon investigation. The frequency of false positives increases as data size and complexity grow. Difficulty in identifying outliers:

Analysts often face problems in determining outliers while using data analytics tools. Importance of professional skepticism:

Professional skepticism is vital for practitioners, researchers, regulators, and standard setters. However, it may result in extra costs, such as: Strained client relationships. Budget issues. When to apply skepticism:

Finance and audit professionals need to identify when and where to apply skepticism. Balance is critical between costly skepticism and underutilizing data analytics to control costs.

Actionable Steps, Techniques, and Strategies to Become an Exceptional Teacher 1. Build Deep Subject Knowledge Actionable Step: Dedicate daily time for studying and mastering your subject matter. Use multiple sources like books, research papers, and online courses. Technique: Use active recall and spaced repetition to retain information effectively. Strategy: Solve advanced-level problems or case studies to ensure thorough understanding. 2. Develop Engaging Teaching Methods Actionable Step: Explore and experiment with interactive teaching tools such as whiteboards, presentations, videos, and simulations. Technique: Use storytelling to make concepts relatable and memorable. Strategy: Incorporate the “flipped classroom” approach, where students prepare beforehand, and class time is used for discussions and problem-solving. 3. Cultivate a Charismatic Teaching Style Actionable Step: Practice public speaking and body language. Join clubs like Toastmasters or practice in front of a mirror. Technique: Use vocal variety and eye contact to maintain attention and build connection. Strategy: Emphasize authenticity—let your passion for teaching and the subject shine through. 4. Create an Impactful Learning Environment Actionable Step: Organize your teaching materials and classroom to promote inclusivity and engagement. Technique: Use formative assessments like quizzes and polls to track student understanding and adapt your methods accordingly. Strategy: Build a culture of mutual respect by listening to students' feedback and being approachable. 5. Connect Deeply with Students Actionable Step: Learn students’ names and take an interest in their goals and challenges. Technique: Use empathy and active listening to understand and address their concerns. Strategy: Offer personalized support and mentorship to help them achieve their potential. 6. Overcome Self-Doubt Actionable Step: Reflect on your progress daily and acknowledge small wins. Technique: Reframe mistakes as opportunities to learn and grow. Strategy: Surround yourself with supportive mentors and peers who inspire confidence. 7. Learn from the Best Teachers Actionable Step: Follow renowned educators and study their methods (e.g., Physics Wallah, Khan GS, etc.). Technique: Analyze their teaching videos to understand how they simplify complex concepts. Strategy: Attend workshops, webinars, or courses on teaching excellence. 8. Craft Your Unique Teaching Identity Actionable Step: Reflect on what makes you unique (e.g., humor, creativity, storytelling) and integrate it into your teaching. Technique: Develop a signature approach, like combining real-world examples or gamification. Strategy: Brand yourself as a teacher by starting a blog, YouTube channel, or Instagram page sharing your teaching journey. 9. Leverage Technology and Tools Actionable Step: Learn to use educational platforms like Google Classroom, Canva, or Kahoot. Technique: Use data analytics from online tools to track and improve student performance. Strategy: Create digital resources like e-books, videos, or interactive PDFs to support your teaching. 10. Develop a Long-Term Growth Plan Actionable Step: Set SMART goals (Specific, Measurable, Achievable, Relevant, Time-bound) for your teaching career. Technique: Schedule regular self-assessments and seek constructive feedback. Strategy: Pursue advanced certifications, degrees, or specializations to stay ahead in your field.

Actionable Steps, Mindset Shifts, and Strategies to Build Confidence 1. Developing Self-Awareness Actionable Step: Identify specific situations where you feel non-confident. Write them down in a journal. Mindset Shift: Recognize that confidence is a skill, not an inherent trait—it can be built with consistent effort. Strategy: Reflect on past successes, even small ones, to remind yourself of your abilities. 2. Small, Consistent Wins Actionable Step: Set small, achievable goals each day (e.g., initiating a short conversation or completing a task). Mindset Shift: Celebrate progress over perfection. Confidence grows with repeated action. Strategy: Use a habit tracker to record your daily wins and build momentum. 3. Mastering Social Situations Actionable Step: Practice active listening. Focus on truly hearing others rather than worrying about what to say. Mindset Shift: Shift your focus from “What will they think of me?” to “How can I make this person feel valued?” Strategy: Use the “FORD” technique in conversations—ask about Family, Occupation, Recreation, and Dreams to build rapport. 4. Building Self-Belief Actionable Step: Create a daily affirmation ritual. Repeat statements like, “I am capable, worthy, and growing stronger every day.” Mindset Shift: Understand that failure is not a reflection of your worth but a step in the learning process. Strategy: Visualize your confident self before entering situations where you usually feel insecure. 5. Overcoming Self-Doubt Actionable Step: Challenge negative thoughts with evidence. Replace “I can’t do this” with “I’ll try, and I can improve.” Mindset Shift: Embrace a growth mindset—believe that your abilities can be developed through dedication. Strategy: Surround yourself with supportive people who encourage your growth. 6. Tackling Fears of Rejection Actionable Step: Reframe rejection as redirection or feedback, not failure. Mindset Shift: Remind yourself that everyone faces rejection—it’s part of life and growth. Strategy: Gradually desensitize yourself to rejection by setting “rejection challenges” (e.g., ask for a small favor from a stranger). 7. Building Charisma Actionable Step: Maintain eye contact and smile genuinely during interactions. Mindset Shift: Believe that you have value to offer, and your presence makes a difference. Strategy: Practice storytelling—share personal anecdotes that highlight your personality and values. 8. Professional Growth Actionable Step: Take on small challenges that push you outside your comfort zone at work (e.g., presenting in meetings). Mindset Shift: See challenges as opportunities to prove your capabilities, not threats. Strategy: Seek feedback and act on it to improve and demonstrate growth. 9. Daily Confidence Ritual Morning: Start with affirmations, visualization, and a gratitude practice. Afternoon: Reflect on small wins and adjust your mindset if self-doubt creeps in. Evening: Journal your progress and plan actionable steps for the next day. 10. Long-Term Confidence Growth Build a strong skillset: Confidence often stems from competence. Engage in physical activity: Exercise can boost self-esteem and energy. Practice mindfulness: This helps reduce overthinking and self-criticism.

Including a PDF in a QR code is a great way to share documents easily. Here's a beginner-friendly guide to help you do it:

Steps to Include a PDF in a QR Code Upload the PDF to the Internet:

If you want others to access your PDF, you need to host it online. Use platforms like: Google Drive: Upload your PDF to Google Drive. Right-click on the PDF, choose “Get Link,” and set the link sharing to “Anyone with the link.” Dropbox, OneDrive, or other cloud services. Free hosting sites like PDF hosting platforms or WeTransfer for temporary sharing. Copy the PDF Link:

Once uploaded, copy the link to your PDF. Use a QR Code Generator:

Go to a QR code generator website or app. Some popular options are: QR Code Monkey (https://www.qrcode-monkey.com/) GoQR (https://goqr.me/) Beaconstac (https://www.beaconstac.com/) Select the option for a URL QR Code. Paste your PDF link into the input field. Customize Your QR Code (Optional):

Many generators allow you to customize the QR code's color, style, or even add your logo. This step is optional but can make your QR code look more professional. Generate and Download the QR Code:

Click “Generate” or similar to create the QR code. Download the QR code as an image (PNG, JPG, or SVG). Test the QR Code:

Use your phone's camera or a QR code scanner app to test the code and ensure it opens the PDF. Use Your QR Code:

Print it on posters, business cards, or share it digitally via email or social media. Tips for Beginners: File Size: Ensure your PDF isn’t too large; compress it if necessary to make it load faster. Shorten URLs: Use a URL shortener like bit.ly to make the link cleaner and easier for the QR code to process. Save Your QR Code: Keep a copy of the QR code for future use. If you need help with any step, let me know!

First, let’s outline the key information given:

Cost of goods purchased by A = ₹2,00,000 Percentage of goods sold by B = 95% Sale price of 95% goods = ₹2,50,000 Commission to A = 1% on purchases Commission to B = 5% on sales A drew a bill on B = 80% of original cost of goods = 80% of ₹2,00,000 = ₹1,60,000 A got the bill discounted for = ₹1,50,000 (so the discount = ₹10,000) Profit-sharing ratio between A and B = 3 : 2 The usual way to find the joint venture profit is to prepare a short “Joint Venture Account,” taking into account:

Total sale proceeds Value of unsold stock (if any) Cost of goods Commissions Any joint expense (such as discount on the bill, if borne by the venture) Step 1: Determine closing stock (unsold 5%) Since 95% of the goods are sold, 5% remains unsold.

Total cost of goods = ₹2,00,000 Cost of 5% (unsold) = 5% of ₹2,00,000 = ₹10,000 This unsold stock is typically valued at cost (unless stated otherwise).

Step 2: Calculate total “inflow” to the Joint Venture Sales (95%) = ₹2,50,000 Value of unsold stock (5%) = ₹10,000 Total Inflow = Sales + Closing Stock = 2 , 50 , 000 + 10 , 000 = 2 , 60 , 000 Total Inflow=Sales+Closing Stock=2,50,000+10,000=2,60,000 Step 3: Calculate total “outflow” (expenses) of the Joint Venture Cost of goods = ₹2,00,000 A’s commission = 1% of purchases 1 % × 2 , 00 , 000 = 2 , 000 1%×2,00,000=2,000 B’s commission = 5% of sales 5 % × 2 , 50 , 000 = 12 , 500 5%×2,50,000=12,500 Discount on the bill = ₹1,60,000 (face value) – ₹1,50,000 (received) = ₹10,000 Since A drew the bill “for the joint venture” and got it discounted to raise money for the venture, the discount (₹10,000) is treated as a JV expense (unless the problem explicitly says it is A’s personal expense).

Hence,

Total Outflow = Cost of goods + A’s commission + B’s commission + Bill discount Total Outflow=Cost of goods+A’s commission+B’s commission+Bill discount = 2 , 00 , 000 + 2 , 000 + 12 , 500 + 10 , 000 = 2 , 24 , 500 =2,00,000+2,000+12,500+10,000=2,24,500 Step 4: Compute the total Joint Venture profit JV Profit = Total Inflow − Total Outflow = 2 , 60 , 000 − 2 , 24 , 500 = 35 , 500 JV Profit=Total Inflow−Total Outflow=2,60,000−2,24,500=35,500 Step 5: Apportion profit between A and B Profit-sharing ratio = 3 : 2

Total ratio parts = 3 + 2 = 5 A’s share = 3 5 × 35 , 500 = 21 , 300 5 3 ​ ×35,500=21,300 B’s share = 2 5 × 35 , 500 = 14 , 200 5 2 ​ ×35,500=14,200 Final Answer A’s share of profit = ₹ 21 , 300 A’s share of profit=₹21,300

financial accounting

formula

closing captial=opening captial+fresh capital+profit/loss-drawing

fmba formula

1. A=P[1+R/N]^NT

AMMA=PRINCIPLE[1+RAMA/NIRANJAN]^NIVETAMIL

2.W1=(DOE2)2-P12DOE1DOE2/(DOE1)2+(DOE2)2-2P12DOE1DOE2

A2+B2-2AB

3.FVAD=P[(1+R)N-1/R](1+R)

4.PV=P*[1-(1+R)-N/R]

5.IEFFECTIVE=[1+R/N]n-1

20 dec 2024

to do list

1. 6 subject mcq (10 each)

2.ind as 33

3.quizlet practise