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Not-for-Profit GAAP 2001
By Richard F. Larkin and Marie DiTommaso [John
Wiley & Sons] ~Rs.3,500. ISBN 0-471-19795-4
A smaller edition of this book is also available.
Good guide to accounting standards and practices in the USA. Useful
for comparison and developing your own standards.
Advanced Accounts
By M.C. Shukla, T.S. Grewal and S.C. Gupta [S.
Chand & Sons] Rs.335
Both towering figures on the Indian academic
scene. Mr. Grewal retired as the Director, Board of Studies, ICAI. Former CA
students still fondly recount legends about him.
Text book for CA students. Even qualified accountants sneak a look at
it now and then, when they are up against a wall. Slightly thicker than Ramayan
and Mahabharat combined.
Cost Accounting – A
managerial emphasis
Charles T. Horngren [Prentice Hall] ~Rs.225
A text book, but unlike any other text books. You can read it almost
like a novel. By the time you have finished, the concepts have been
surgically implanted in your brain, without your even knowing it.
Foreign Contribution
(Regulation) Act, 1976
Nabhi Publications Rs.50
Bare Act and rules. Includes a small guide also.
Industrial Law
P.L. Malik [Eastern Book Company] Rs.860
Two volumes. Into its 18th edition. A
compilation of some 59 statutes related to industries, employment, labour
A very professional job. Reproduces the Act, Rules and notifications.
Comments and case law references are very brief and very useful. Buy a
magnifying glass also when you buy the book.
Law Relating to Foreign
Contributions in India
Gautam Banerjee [Commercial Law Publishers]
Rs.250
The first widely available book on FCRA
This is a commentary on the Act. Meant primarily for lawyers, CAs and
consultants. Not really useful for NGOs or laypersons.
Eminent Historians
Arun Shourie [ASA] Rs.350 (hard-bound) ISBN
81-900199-8-8. Also available in Harper Collins paperback
Former Indian Express journalist is currently a
Minister with the Government of India.
Arun Shourie has his own dedicated fan following. This book talks
about how history is ‘fabricated’ in corridors of JNU and by assorted
‘progressive’ historians, such as Romilla Thapar, Satish Chandra, D.N. Jha,
K.M. Shrimali….
Good, racy reading. May also help you understand the current hoo-haa
over ‘rewriting of history’
History and Culture of
Indian People (11 volumes)
Ed.: R. C. Majumdar [Bharatiya Vidya Bhawan]
Rs.2,880 (set; hard-bound]
Bharatiya Vidya Bhawan, a living icon of Indian
Renaissance, was started by Late Dr. K.M. Munshi in the 1938. Bhawan’s
students start off each morning with prayers from every major religion
represented in India.
Covers Indian history from 3000 BC to 1947 AD. Very detailed, very interesting and
supported by meticulous research. The first comprehensive work on Indian
history, where all the contributors are Indian.
Recommended for all Indians who have ever wondered about their past or
speculated about their future.
Tactics
Edward de Bono [Fontana / Collins] ~ Rs.200
De Bono is a thinker, an educator and a prolific
writer. He writes everywhere – in his house, studio, air-port lounges. Once
he finished an entire book while flying from point A to point B. Only the
Mills and Boons series can rival him. This book is our favorite from his lot.
De Bono interviewed 50 very successful persons. He has interwoven
these interviews with his comments. The essence: every individual has his /
her own strengths. Focus on these, rather than copying what others do. A much
better investment than attending those ‘motivation seminars’!
Safe Driving
Rohit Baluja [Hubert Ebner India Pvt. Ltd.]
Rs.295
Available in Hindi also. Buy a copy for your
driver when you buy a vehicle. Please.
A driving manual for India. Illustrated with good photos and clear
graphics. Practical instructions also. Get a copy and read it. You could save
someone’s life, even your own.
The Prophet
Khalil Gibran [Various Publishers] ~ Rs.50
Lebanese-American poet (1883-1931)
His most powerful, popular and mystical work. Talks about life, human
values and relationships in a sacred, semi-religious way.
The Seven Laws of Money
Michael Phillips [Shambhala] ~ Rs.200
If you have a Mastercard, you know Michael
Phillips – he developed the card as a vice president of the Bank of
California.
The ‘seven’ thing is very popular with Western authors. Nevertheless,
Michael talks a lot of sense in this small book. Some of it comes from his
experience while working with charities. Interesting, though-provoking,
workable and yet, just plain common-sense, when you come to think of it. Read
this book, if you have ever had any money. Read it also, if you never had any
money.
Honest Business
Michael Phillips, Salli Rasberry [Shambhala]
~Rs.200
Michael Phillips developed MasterCard and also
wrote the famous ‘Seven Laws of Money’.
The title itself gives you a warm feeling – someone is talking about
something called honest
business! The stuff between the covers is even more so. Practical, sensible,
ethical, brief, illustrated with real-life stories. Especially meant for
ordinary people, who want to start something small. Yes, Michael. Honest
business exists, it’s very successful and it’s also very sustainable.
Harvard Business Review
on Nonprofits
[Harvard Business School Press] ~Rs.860
A collection of articles from Harvard Business Review. Written in the
American context, but some of the articles are thought-provoking. Covers a
wide range of topics including accountability, role of board, fund-raising
and, obviously, linking up NGOs with the Corporate world.
Managing a Nonprofit
Organization in the 21st Century
Thomas Wolf [Fireside - Simon & Schuster]
~Rs.500
A book that has become
a ‘classic’ in just 16 years! A book that contains a lot of sensible advice
about managing an NGO. Written by a consultant in the American context. Will
help you get an idea how things are done on the other side of Pacific.
Includes chapters on Financial Management and on Financial Statements.
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