Accounting in Profession: Rajesh Chandak

Rajesh Chandak

Rajesh Chandak is a Senior Fellow of the Indian Institute of Chartered Accountants and has over 24 years of accounting experience. Chandak has extensive experience in accounting, human resource development, auditing and income tax calculation. He was also previously a member of several Accounting Professional Development Boards in India. Chandak is currently Chairman of the HRD Board, Residential Refresher Board, Horticulture Board of He Amravati of India. He specializes in calculating and interpreting income tax for small businesses and large corporations. his desire to educate young people about the practice of ccounting particularly income tax computation has made him to be invited in a series of mentorship sessions for young professionals and novices like JCI India.

Steve Rabin CPA

Steve Rabin is a renowned accountant who has worked with several renowned corporations in accounting and auditing related positions. He has worked with corporations like Goodrich Consultants, Spreadsheet consulting Inc. amongst a series of other firms. He strongly cherishes in helping individuals and businesses prosper by fixing their tax-related problems. He is particularly interested in handling tax problems related to Real estate management, rentals, divorce, valuation, computing stock and other restricted stock. He also likes dealing with tax issues related to start-ups, especially those in bioscience and technology. Besides dealing with corporate tax computation, Rabin is a specialist in Alternative Minimum Tax (AMT) and other forms of taxes like Audits, Levies, Back and Unfiled taxes.

Differences Between Chandak and Rabin

Both Chandak and Rabin are outstanding accountants with specializations in tax related calculations. However, there are significant differences in the scope of their operations, nature of the organizations they have worked for work experiences. For instance, Chandak has more experience dealing with public accounts as per his profile compared to Rabin who has got more experience working with private corporations. Furthermore, Chandak has got a limited scope of operations, mainly dealing with income tax compared to Rabin who also deals with Audits, Levies, unfiled taxes and other forms of operation. Lastly, with a 24 years’ experience, Chandak has got more accounting experience that Rabin in the computations tax returns.

Personal Brand

The ever-changing global trends in the nature, way and cost of doing business intrigued me to join the accounting profession since I consider myself as an individual who likes taking on challenges that come with the changing dynamics. With my outstanding ability to discern and forecast economic trends given my background in mathematics, with a deep-rooted root for accounting, I believe I can address the economic challenges in this dynamic economic world.

Critique of Personal Brand

My personal brand shows my immense passion for accounting given my mathematics background. It also highlights my zeal to take on challenges that would bolster decision making. However, this brand does not show where I developed the inspiration for taking on accounting, neither does it show my areas of specialization.

Strengthening my Brand

There are basically two ways I can further strengthen my personal brand. First, through interaction with already established accountants, I can easily choose my area of specialization. Two, since I am just a novice in accounting, a heavy document and case study review will help me further develop a passion for accounting.

Lessons from the Boot Camp

From the boot camp, I learnt that accounting is more than just making summaries of financial statements and related accounting records. It rather involves interpretation of the figures and helping companies come up with better policies based on accounting information. Furthermore, the boot camp revealed to more that accounting is not done in isolation. For instance, there will always be another individual, like an auditor, who will also look through the records for discrepancies.