What was working like in K & M vis-a-vis Godrej ?
K & M was a professional accounting firm. During my articleship, we had to work with different clients in the capacity of statutory auditors, internal auditors, tax accountants and financial advisors. Some of the clients were large professionally-managed companies, others were family-owned/managed businesses. The first 2 years I was with their audit department, and for the remaining period of six months I worked under Mr. Fali P. Sarkari in their tax department. Although in K & M the exposure was for a limited duration, fortunately I had sufficient opportunities to be able to acquire a complete understanding of corporate accounting system how it should mirror and in turn impact the corporate businesses/organisation the information flows and cash flows, and the concepts and utility of statutory audit, and internal controls. In Godrej things were quite different, it was basically in manufacturing in which I had no experience. Unlike K & M, there were too many people. At Lalbaug, I rememb
