SHYAMAPRASAD BROTHERS - 541

 

     HOME OF SHYAMAPRASAD BROTHERS                  

               THE FAMOUS AUDITORS       

         

           

A VISIT TO THE HOUSE OF SHYAMAPRASAD BROTHERS WHO ARE THE PROUD OWNERS OF THE AUDITING FIRM OF S & S FIRM OF AUDITORS .

The close to two year  Lockout and Work from  Home has brought to light the following observations in the House and more  particularly the Kitchen of Shyamaprasad , the Head  of  The  Renowned Auditing  Firm Of 

SHYAMAPRASAD / SURYAPRASAD                          BROTHERS 

Following Serious Anomalies were observed in the functioning of their day to day activities .

1. There was no stock ledger being  maintained at any place .   Procurement was not in line with the  Provision , Requirement and  Consumption patterns  . Purchase Orders were being  placed verbally and  Inventory Maintenance was  very poor bordering close to NIL .

2. There was  no proof of any budgeting documents.

3. There was  no indexing of products  .

4. No bin cards were displayed at any of the crucial storage locations .

5. No Annual, Monthly or Quarterly Stock taking was  carried out .

6. No Inspection had been carried out for years . The Stock on Hand had far outlived their usage and were in varying degree of decay . Most of the Spoons and Plates were  of the wrong pattern and did not  match with the original part number assigned. 

7. No procedure of Inventory Valuation was available .

8. Weighing Scales were not being  used to check the veracity of the Product and the Quantity recieved .

9. No Handing over / Taking over Files were Maintained.

10. No SOP and the Daily  Menu are displayed anywhere in the various  production lines , be it the Oven , Hotplate , MIXIE or even the Grinder .

 It has come as a surprise to note  that RICE has been the principal item of Daily use . This despite the fact that both the brothers were under the care of a Doctor for being a Diabetic and  very much Overweight .

11. No  Fire fighting equipment of any sort,   not even Sand was  found and all the  safety norms were given a total miss .

12. Sufficient reserves were not maintained for any Emergencies of a  Lockdown or any other looming pandemic .

13. Annual balance sheet and other Financial Statements are  not  prepared since the  inception of the firms Kitchen  .
14. Lot of unaccounted cash was found strewn in many of the boxes and utensils in the kitchen . The find of many Demonitized Currency Notes in the jar containing the Chilly Powder did come as a big shock  . The sheer volume of unaccounted money  could pose a serious problem if the Enforcement  Authorities do  come to know of the same .

15.  It has come to notice that many items are Lent / Borrowed to and  from the  neighborhood families but no records of any sort  are being  maintained of the same . Periodical balance confirmations are not made available for inspection .

15 . Many items in the Medical Chest are well past their expiry dates .

16 . FACE MASKS , HAND WASH AND SANITIZER are not properly placed and there is difficulty in locating them at any given point of time .

17 , Shelf Life items have gone for a big toss as even a cursory glance of the Fridge will indicate . Some items bought during the first wave of the present Pandemic  are still stored in the Fridge , as are the Chocolates which the SHAMAPRASAD S  had brought during their last visit to their Son and Daughter Place  in Canada , This itself  was almost close to Two years back .

BOTH SHAYAMALA AND SHAYAMAPRASAD THOUGH HAVING MANY THINGS COMMON IN THEIR NAME , DO NOT SEEM TO BE HAVING MANY THINGS IN COMMON IN THEIR HOME RUNNING ETHICS .

NOTE : THE ABOVE BLOG MAY RING A CHORD WITH MANY OF MY COLLEAGUES WHO ONCE PRIDED THEMSELVES ON HAVING WORKED IN A VERY SCIENTIFICALLY MANAGED COMPANY WHO HAD MORE MBA S FROM RENOWNED COLLEGES PER THOUSAND EMPLOYEES THAN ANY OTHER EQUALLY EMPLOYEE BASED COMPANIES . FROM WHAT I HEAR , FLOATING OVER THE WATER IS ITSELF NOW A CHALLENGE .