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Community > Sandesh S Mundra
Sandesh S Mundra

Sandesh S Mundra

Co-Founder

Knowledge Cloud

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Sandesh S Mundra is a member of:

Qualities needed to become a successful leader
1. Knowledge on the subject
2. Ability to project team members in front of others.
3. Personal touch with all
4. Right Attitude, honesty and integrity, so that the team is able to trust the leader
More about myself
Under our brand of Knowledge Cloud we wish to establish certain niche domains for specialised professionals. Currently, our focus areas are consulting to the construction sector in four aspects - Project Monitoring, Implementation of Internal Controls at Construction Site, Indirect tax and Corporate Training
Important lesson learned
1. Keep focus on the target in hand. No matter if it takes time, have patience.
2. No difference between what one thinks, speaks and does.
3. Discuss things in detail at the start of a relationship and then have unflinching trust.
My role model
No role model, but we all know what is good and what is bad, when it comes to our decision making. So i guess good things inspires me and i truly believe that achievement of success in life is no good if based on compromised values.
Initiative to develop a country
1. Exercise restraint when it comes to making client happy all the time
2. Put the foot down, when it comes to bribing the government officials.
3. Educate the client about the importance of adhering to the govt laws and rules.
My family background
My father is a Chartered Accountant and mother is a housewife. Sister went to get a gold medal in Paediatrics and is settled happily with Dr Vikas. Wife is also a chartered accountant and joins me in office every day.
Influenced by
The knowledge of Brahmakumaris which i have gained through my father has influenced me a lot. Brahmkumaris concept of life is truly unique and helps one's mind remain stable in all conditions and phases of life.
My achievements
Authored the technical Guide on “Business Controls, Monitoring and Internal Audit of Construction Sector” issued
by ICAI.
 Developed a software to automate the process of prepartion of Consolidated Financial Statements.
 Acted as a speaker on various topics in seminars and study circle meets organised by Mumbai, Ahmedabad, Navsari, Rajkot, Nadiad Branches of WIRC of ICAI and various study circles of ICAI.
 Faculty with ICAI for Certification Course on IFRS and GMCS.
 Invitee Member of Managing Comm. Of The Gujarat Contractor’s association for 2012-13
 Regular Column writer for Indian Construction (Journal of Builder’s association of India), CA Associaton Ahmedabad & web portals like Consult Construction.com & Consolidation of accounts.com.
 Secured First rank in “WTO & International Trade Laws” and Third rank in “Insurance and Risk Mgmt” examinations of ICAI. Has also cleared Certificate Course of IFRS from ICAI.
 Co-chairman/Convenor in various committees of Ahd Branch
Ensuring success
1. Study a lot.
2. Identification of Target areas.
3. Constant focus on the same without any second thoughts
Important decision
1. Decision to focus on professional brand building in a unique way by spreading knowledge in public domain.
Brief description about me
Fellow Chartered Accountant (Mem No. 116781) with hands on experience and expertise in Internal Audits, Works Contract Taxation, Preparation of Consolidated Financial Statements and Information Technology related areas.

 Presently working as an Independent practitioner and also as a partner with M/s SNK & Co., Ahmedabad as Partner, Audit & Assurance.
My strongest skill
Internal Audit
 Designing & implementing systems, policies & procedures for Accounting, Human Resource & Stores function for
corporate clients in different sectors.
 Implementation of Inventory systems & Controls for clients working in engineering, retail & entertainment sectors.
 Experience of working with clients operating in SAP environment in energy, pharma and telecom sectors.
 Focus on work areas like material/labour reco, equipment usage analysis, monitoring project budgets etc. for clients
operating in the field of Industrial construction.
 Experience in integration of Accounts and Inventory Modules under Tally software and setting up centralised systems
for multi-locational clients.
Taxation & Other work experiences
 Indirect Taxation optimisation for various clients.
 Managing overall compliance for a corporate client in Industrial construction mainly service tax, multi-state VAT, labour
laws incuding detailed study on Work Contract taxation.
Degree that I recommend
PQC on WTO and International Trade Laws
Certified Internal Audit
Project Risk Management
Couple of years from now
At the helm of the area of my professional expertise. Within next 5 years I should be able to establish my reputation in the western region of India in my practise areas.
Thoughts on Education system of our country
Higher Education is becoming exam oriented with students only thinking about good job proposals in interviews. Proper steps are required to divert the focus towards understanding of real life practical issues even in a classroom environment.

Otherwise the system is definitely improving. I feel the reservations have to go out in a phased manner to further improvise the output from our education system.
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