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CA Akhil Pachori

@akhilpachori

16 Oct

Imagine if a disaster hits a city/state/country and power supplies is cut 😬

#CoalShortageInIndia #CoalCrisis #cashlesseconomy

If you do not have cash in hand and rely totally on electronic payment, then you are finished 😱🤕

Worth a read Thread...

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The cashless society is difficult to face war and disaster

Japan's Hokkaido strong earthquake triggered a large-scale power outage, and Sapporo City instantly became the dark capital

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During this period, 1.95 million residents rushed to supermarkets and retail stores to buy life supplies

However, some of the victims who usually only use mobile phones have lost their ability to pay and can't buy what they need

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Read 13 tweets

CA Akhil Pachori

@akhilpachori

22 Aug

Thoughts shared by a Senior Chartered Accountant yesterday

The work is slipping out of hands like sand but inaction is at its height.

What an irony that the motto of our ICAI is ‘Ya Aeshu Suptaeshu Jagruti’ which means ‘a person who is awake in those that sleeps’ but..

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but it seems that what is happening is just opposite to it.

In last few years we have been witnessing continuous dent in the traditional practice work. Be it reduction in bank statutory audit work or increase in tax audit limit or introduction of faceless schemes and..

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and at last the removal of requirement of GST audit.

And now encouraged with no/bleek objection from ICAI, the Government seems to be thinking of doing away with audit of companies of certain categories.

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Read 11 tweets

CA Akhil Pachori

@akhilpachori

19 Aug

Real story of American Dollar v/s Indian Rupee
(Very Interesting Thread)

An Advice to all who are worrying about fall of Indian Rupee.

Throughout the country, please stop using cars except for emergency for only seven days (Just 7 days)

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Definitely Dollar rate will come down. This is true.

The value to dollar is given by petrol only. This is called Derivative Trading. America has stopped valuing its Dollar with Gold 70 years ago.

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Americans understood that Petrol is equally valuable as Gold so they made Agreement with all the Middle East countries to sell petrol in Dollars only.

That is why Americans print their Dollar as legal tender for debts.

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Read 20 tweets

CA Akhil Pachori

@akhilpachori

19 Aug

EVERYTHING HAS A REASON TO BE

After the attacks of September 11, a company that had its offices at the World Trade Center invited its executives and employees who had for some reason survived the attack to share their experiences.

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People were alive for the smallest reasons were small details like these:

- The director of a company was late because it was his son's first kindergarten day;

- A woman was delayed because her alarm clock didn't ring in time;

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- One was late because he was stuck on the road where there was an accident

- Another survivor missed the bus

- Someone threw food on themselves and needed the time to change

- One had a problem with his car, which did not start

- Another one returned to answer the phone

3/n

Read 6 tweets

CA Akhil Pachori

@akhilpachori

26 Jun

Gesture of Modesty shown by some great personalities (Thread 👇)

1. Cricketer Rahul Dravid was given Doctorate by Bangalore University, Rahul Dravid returned it. Not only did he return, he also gave a wonderful speech, he said-

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he said - My wife is a doctor, she spent many sleepless nights and days to get this title.

My mother is an arts professor, she waited fifty long years for this degree. I have worked hard to play cricket, but I have not studied that much, so how do I not have this degree?

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2. Einstein was invited by the Israeli government to become the country's prime minister in 1952 Einstein humbly said-I am a noob student of physics. What do I understand of state governance?

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Read 5 tweets

CA Akhil Pachori

@akhilpachori

25 Jun

A thread on Anti-virus Pioneer John McAfee's Death👇

- John McAfee, 75, reportedly took his own life in prison in Barcelona, Spain.

- McAfee was found dead hours after Spain’s National Court approved his extradition to the US.

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- In 1987, he wrote the first anti-virus software, founding McAfee Associates Inc. to sell his creation. He resigned in 1994 and sold his remaining stake in the company

- McAfee is wanted in America for tax-related criminal charges with sentence of up to 30 years.

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- McAfee allegedly earned millions from speaking , consulting, promoting crypto and selling his life story rights for a documentary, according to June 15 indictment

-He was arrested on Oct 3, 2020, at El Prat airport in Spain, as he was about to flee the country to Turkey.

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Read 5 tweets

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