Gerald D'Cunha

  “I believe, that somewhere in the darkest night, a candle glows” From the song ‘I Believe’ by Tom Jones   T here is an accounting concept called ‘Going-concern Concept’, which is also known as ‘Continuity Concept’. This is taught to every Accountancy student, right when he or she is about to embark upon the journey of   learning this subject. I have taught this to my students for over four decades. But, every time I have taught it, I have learnt something new – something fresh – about it… The core idea of the ‘Going-concern Concept’, which the accountant has to bear in mind, is: That, the enterprise, whose books of accounts he is expected to maintain, has an indefinite life… That, it is not going to dissolve in a foreseeable future… That, it can outlive all its assets, including all the Fixed Assets… That, it can, even, outlive its Owners, like partners or shareholders.   N ow, because the enterprise has an indefinite life, it becomes necessar...

  “I am black or white; I will never be grey in my life.” Diego Maradona D iego Maradona died yesterday, at the age of 60. Being his ardent fan, I couldn’t bring myself to accept the way he looked, now… He had bloated like a huge football, and when he walked, I, literally, closed my eyes! The images of charismatic Maradona of the eighties had been robustly embedded on the minds of most of his fans, including me, who watched him in the field with his lightning speed and magical skills… That was our Diego Maradona: The God of football!   “To see the ball, to run after it, makes me the happiest man in the world,” Maradona once said talking about his love for football. This statement speaks on behalf of every man or woman, who rise to the top in their respective fields – sports, music, acting, business, painting … any field, any profession, any game. There is no alternative route to excel in your ‘game’. As Maradona said, when you see the ‘ball’, you’ve got o feel super-exci...

  “ All the shine of a thousand spotlights, All the stars we steal from the night sky Will never be enough Never be enough Towers of gold are still too little These hands could hold the world, but it’ll Never be enough Never be enough.” ‘Never Enough’ from the movie ‘The Greatest Showman’   I am very fond of Elvis Presley’s songs and, particularly, his performances on stage… He was blessed with a velvety voice and mesmerizing looks… He was charismatic, just electrifying! Now, when people like you and I deeply admire glamorous superstars like Elvis, we unwittingly let the Law of Attraction operate in us… We quietly attract the qualities of the stars who we idolize… We long for fame and success… If not as much as Elvis achieved in his 42 years lifetime, a tiny percentage of it, at least ! But, then, loving Elvis’ songs and performances is one thing. And, loving to be like him, is different altogether. With his phenomenal success and fame, Elvis’s life was...