CA Prem Kumar Y

Chartered Accountant | Information Systems Auditor | Prem & Co - Partner | ProLead - Director | Taxation | Audit

[ProLead @ProLead2]

A profitable business can still run out of cash.
A cash-rich business can still be losing money.
Your P&L, Balance Sheet, and Cash Flow Statement each tell one part of the story. You need all three.
🧵 Swipe through 👇
#StartupFinance #MSME #ZohoBooks

[CA Prem Kumar Y @capremkumary]

@OversLife @VishalSalve81 Nanti Hayward (ignore the spelling if it's not right 😅)

[H M Renuka Prasanna @hmrprasanna]

🌴 ಸಾಂಸ್ಕೃತಿಕ ನಾಯಕ ಬಸವಣ್ಣ 🌴
ಸಾವು ತಡವಲ್ಲ, ನರಕ ದೂರವಲ್ಲ,
ಕೆಮ್ಮನೆ ಕೆಡಬೇಡ. ವಿಷಯವ ಬಿಡು,
ಗುರುಭಕ್ತಿಯ ನಂಬು ಸುಖಿಯಪ್ಪೆ,
ಸಿಮ್ಮಲಿಗೆಯ ಚೆನ್ನರಾಮಾ
- ಚಂದಿಮರಸ 🌹
🙏🏻ಶರಣು ಶರಣಾರ್ಥಿ ಶುಭೋದಯ🙏🏻

[CA Prem Kumar Y @capremkumary]

@Dravidict

[ProLead @ProLead2]

AI isn't stealing finance jobs.
It's filtering out the ones that were always replaceable.
Strategy. Judgement. Trust. That's yours to keep.
Adapt or get left behind. 🤖
#AIFinance #FutureOfWork #ProLead

[CA Prem Kumar Y @capremkumary]

@sarkarstix Curious case of Suryansh selection

Batting
• 31 T20s: 357 runs @ 23.8 (HS 57)

Bowling
• 13 wickets in 31 T20s
• Bowled just 18 balls across 12 IPL matches

Interesting facts
• Represents Punjab Kings, captained by Shreyas Iyer
• Represents Mumbai in domestic cricket

[CA Prem Kumar Y @capremkumary]

@sarkarstix Curious case of Suryansh selection

Batting
• 31 T20s: 357 runs @ 23.8 (HS 57)

Bowling
• 13 wickets in 31 T20s
• Bowled just 18 balls across 12 IPL matches

Interesting facts
• Represents Punjab Kings, captained by Shreyas Iyer
• Represents Mumbai in domestic cricket

[ProLead @ProLead2]

Most founders lose deals not in the pitch — but in the data room.
Due diligence checks your financials, legal docs, operations, and market assumptions. One gap = deal risk.
Here's what they actually look for 🧵👇
[Attach carousel]

[Ramachandra.M| ರಾಮಚಂದ್ರ.ಎಮ್ @nanuramu]

ಗಣೇಶನ ಮದುವೆ ಸಿನಿಮಾದ ವೈಶಾಲಿ ಕಾಸರವಳ್ಳಿಯವರ ಕ್ರಿಕೆಟ್ ಅಭಿಮಾನಿಯ ಪಾತ್ರ ನಿಜಕ್ಕೂ ಅವಿಸ್ಮರಣೀಯ! ಎಂದಿಗೂ ಮರೆಯಲಾಗದ ಕೆಲವು ಡೈಲಾಗ್ ಗಳು:

1. ಯಾರಯ್ಯ ನೀನು, ಕಪಿಲ್ ದೇವ್ ಸಿಕ್ಸರ್ ಮೇಲೆ ಸಿಕ್ಸರ್ ಹೊಡಿತಾ ಇದಾನೆ, ನೀನು ರೇಡಿಯೋ ಆಫ್ ಮಾಡು ಅಂತೀಯಲ್ಲ; ನೀನು ಒಬ್ಬ ಗಂಡ್ಸಾ?

2. ಆ ಪೋಲೀಸವ್ರ ಹತ್ರ ದ್ವೇಷ ಕಟ್ಕೊಳ್ಳೋದು ಮಾರ್ಶಲ್ ಬೌನ್ಸರ್ ಗೆ ತಲೆ ಕೊಡೋದು ಎರಡೂ ಒಂದೇ ಅಲ್ವೇನಪ್ಪ.

3. ಏನೋ ಇದು, ಕಪಿಲ್ ದೇವ್ ಥರ ಗುಂಡುಗುಂಡುಕಿದ್ದವನು ಒಂದೇ ರಾತ್ರಿಲಿ ಆಜರುದ್ದೀನ್ ಥರ ಒಣಕಲ ಕಡ್ಡಿ ಆಗೋಗ್ಬಿಟ್ಯಲ್ಲಪ್ಪ!

4. ಗಣೇಶ, ಇಷ್ಟ ಇಲ್ಲದಿದ್ರೂ ಪಾಪ ಕಪಿಲ್ ದೇವ್ ನ್ಯೂಜಿಲ್ಯಾನ್ಡ್ ಗೆ ಹೋಗಿ ಆಡಿ ಗೆದ್ದು ಬರ್ಲಿಲ್ವೇನಪ್ಪಾ? ಜೀವನನೂ ಹಾಗೆ ಕಣಪ್ಪ.

5. ಅಯ್ಯೋ ಏನಾಯ್ತು ಅಂತ ಇಲ್ಲೇ ಮೀನಾಮೇಷ ಏಣಿಸ್ತಾ ನಿಂತಿದೀರಲ್ರಿ, ಬೇಗ ಹೋಗಿ ಬಿಡಿಸ್ಕೊಂಡು ಬನ್ನಿ; ಇಲ್ಲದಿದ್ರೆ ಕಪಿಲ್ ದೇವ್ ಜಿಂಬಾಬ್ವೆ ಮೇಲೆ 175 ಹೊಡೆದ ಹಾಗೆ ಅವನ್ನ ಹೊಡೆದು ಹೊಡೆದು ಸಾಯಿಸ್ಬಿಡ್ತಾರೆ.

6. ಟೀವಿಲಿ ರಿಲೇನೂ ಇಲ್ದೆ, ರೇಡಿಯೋಲಿ ಕಾಮೆಂಟರಿನೂ ಬರ್ದೇ ಇರೋ ಮ್ಯಾಚ್ ಥರ ಆಗೋಯ್ತು ನನ್ನ ಮಗನ ಜೀವನ.

ಈ ರೀತಿ ಕ್ರಿಕೆಟ್ ಲೇಪನದೊಂದಿಗೆ ಸೊಗಸಾಗಿ ಅರ್ಥಗರ್ಭಿತವಾದ ಸಂಭಾಷಣೆ ಬರೆದ ಕುಣಿಗಲ್ ನಾಗಭೂಷಣ್ ರಿಗೆ 🙏🏻

[ProLead @ProLead2]

1/ Your D/E ratio tells lenders and investors one thing: How much skin you have in the game.
A ratio of 1? Balanced.
Above 2? You're in the red zone.
Below 1? You might be leaving growth on the table.

But here's the real insight... 🧵

[ProLead @ProLead2]

Most SME owners run their business on instinct.
The successful ones run it on data.
5 financial reports every founder should review monthly: → P&L Statement → Cash Flow Statement → AR Ageing Report → AP Report → Budget vs Actuals
Takes under an hour. Changes everything.

[ProLead @ProLead2]

Growing revenue but running out of cash? That's the Cash Flow Gap and it's one of the

#1 reasons growing businesses fail. Revenue is recorded. Cash pays the bills. Here's how to fix it 🧵👇

#CashFlow #Startups #BusinessGrowth #Founders

[ProLead @ProLead2]

Most business travellers assume staying in a different state means IGST on the hotel bill.

Under GST law, the Place of Supply for hotel accommodation is always determined by where the hotel is located not where your GSTIN is registered.

#GST #PROLEAD

[CA Prem Kumar Y @capremkumary]

True. Plus, the CGST + SGST charged will be automatically shown as ineligible ITC in GSTR-2B (due to PoS rules + Section 16(4) restrictions). So no credit for the company in practice.

[ProLead @ProLead2]

Most business travellers assume staying in a different state means IGST on the hotel bill.

Under GST law, the Place of Supply for hotel accommodation is always determined by where the hotel is located not where your GSTIN is registered.

#GST #PROLEAD

[Siddaramaiah @siddaramaiah]

ಇಂದು ಲೋಕಭವನಕ್ಕೆ ತೆರಳಿ ರಾಜ್ಯಪಾಲರ ಅನುಪಸ್ಥಿತಿಯಲ್ಲಿ ಅವರ ವಿಶೇಷ ಕಾರ್ಯದರ್ಶಿಗಳಿಗೆ ರಾಜ್ಯದ ಮುಖ್ಯಮಂತ್ರಿ ಸ್ಥಾನಕ್ಕೆ ನನ್ನ ರಾಜೀನಾಮೆ ಪತ್ರವನ್ನು ಸಲ್ಲಿಸಿದ್ದೇನೆ.

ಹಳ್ಳಿಗಾಡಿನಲ್ಲಿ ಹುಟ್ಟಿಬೆಳೆದ ನಾನು ಮುಂದೊಂದು ದಿನ ಈ ರಾಜ್ಯದ ಶಾಸಕ, ಮಂತ್ರಿ, ವಿರೋಧ ಪಕ್ಷದ ನಾಯಕ, ಎರಡೆರಡು ಬಾರಿ ಮುಖ್ಯಮಂತ್ರಿಯಾಗುತ್ತೇನೆ ಎಂಬ ಕನಸನ್ನು ಸಹ ಕಂಡಿರಲಿಲ್ಲ. ಇಂತದ್ದೊಂದು ದುಬಾರಿಯಾದ ಕನಸು ನನಸಾಗಿರುವುದು ಬಾಬಾ ಸಾಹೇಬ್ ಅಂಬೇಡ್ಕರ್ ಅವರ ಸಂವಿಧಾನದಿಂದ.

ಬುದ್ಧ, ಬಸವ, ಬಾಬಾ ಸಾಹೇಬರು, ಮಹಾತ್ಮ ಗಾಂಧಿಯವರೇ ನನ್ನ ಆದರ್ಶ. ನನ್ನ ನಲವತ್ತೆಂಟು ವರ್ಷಗಳ ರಾಜಕೀಯ ಜೀವನದಲ್ಲಿ ನಾಡಿನ ಅವಕಾಶ ವಂಚಿತ, ಶೋಷಿತ, ಬಡ ಜನರ ಪರವಾಗಿ ಪ್ರಾಮಾಣಿಕವಾಗಿ ದುಡಿದ ಸಂತೃಪ್ತಿಯಿದೆ.

ನನ್ನನ್ನು ಶಾಸಕಾಂಗ ಪಕ್ಷದ ನಾಯಕನಾಗಿ ಆರಿಸಿ, ಈ ವರೆಗೆ ಮುಖ್ಯಮಂತ್ರಿಯಾಗಿ ಜನಸೇವೆಗೆ ಅವಕಾಶ ಮಾಡಿಕೊಟ್ಟ ಪಕ್ಷದ ಶಾಸಕರಿಗೆ, ನನ್ನ ಹೆಗಲಿಗೆ ಹೆಗಲಾಗಿ ದುಡಿದ ಸಂಪುಟ ಸಹೋದ್ಯೋಗಿಗಳಿಗೆ, ಅವಕಾಶ ನೀಡಿದ ಪಕ್ಷದ ವರಿಷ್ಠರಾದ ಸೋನಿಯಾ ಗಾಂಧಿ, ರಾಹುಲ್ ಗಾಂಧಿ, ಎಐಸಿಸಿ ಅಧ್ಯಕ್ಷರಾದ ಮಲ್ಲಿಕಾರ್ಜುನ ಖರ್ಗೆ ಅವರಿಗೆ ಹಾಗೂ ನನ್ನ ರಾಜಕೀಯ ಬದುಕಿನುದ್ದಕ್ಕೂ ಪ್ರೀತಿ ತುಂಬಿದ, ಅಭಿಮಾನಿಸಿದ, ಇಲ್ಲಿಯ ತನಕ ಕೈಹಿಡಿದು ನಡೆಸಿದ ಹೃದಯವಂತ ಕನ್ನಡಿಗರಿಗೆ ನಾನು ಚಿರಋಣಿ.

ಸಂವಿಧಾನವೇ ನನಗೆ ಧರ್ಮ, ಜನರೇ ನನ್ನ ಪಾಲಿನ ದೇವರು. ನನ್ನ ರಾಜೀನಾಮೆ ಮುಖ್ಯಮಂತ್ರಿ ಹುದ್ದೆಗೆ ಮಾತ್ರವೇ ಸೀಮಿತ, ಸಕ್ರಿಯ ರಾಜಕಾರಣಕ್ಕಲ್ಲ.

ನನ್ನ ಜೀವದ ಕೊನೆಯುಸಿರು ಇರುವ ವರೆಗೂ ಸಾಮಾಜಿಕ ನ್ಯಾಯಕ್ಕಾಗಿ ಮತ್ತು ಸಂವಿಧಾನ ವಿರೋಧಿ ಕೋಮುವಾದಿ ಶಕ್ತಿಗಳ ವಿರುದ್ಧ ಹೋರಾಟ ಮಾಡುತ್ತೇನೆ.

ಧನ್ಯವಾದ ❤

[Chris Gayle @henrygayle]

What a phenomenal player Vaibhav is. Great entertainment young man! New Six machine @IPL

[Royal Challengers Bengaluru @RCBTweets]

🚨 ANNOUNCEMENT 🚨

We’re glad to welcome Rajat Patidar back into the RCB camp for the remainder of #IPL2022. He replaces the injured Luvnith Sisodia, who will continue to be in the RCB bio bubble to complete his rehab.

#PlayBold #WeAreChallengers #IPL2022 #RCB  #ನಮ್ಮRCB

[Nithin Kamath @Nithin0dha]

2026 is turning out to be a case of when it rains, it pours.

Every few years, the Pacific Ocean warms up abnormally, and that phenomenon is called El Niño. When it happens, India's monsoon weakens. This year, it looks like a super El Niño is developing, and the IMD is already forecasting rainfall 6% below normal for 2026.

It may not sound like much, but remember, 70% of India's annual rainfall comes from the monsoon, and 60% of farmers depend entirely on it. If history is any guide, we may have a terrible year ahead. In 60% of El Niño years since 1951, India has seen below-average rain. In 2009, rainfall fell to just 78% of normal, the worst in 37 years.

A weak monsoon means weaker harvests, and weaker harvests mean higher food prices and higher inflation. Food is one of the biggest expenses in a household budget. This is now layering on top of the unholy mess created by the closure of the Strait of Hormuz.

Trump's war with Iran has effectively shut a channel that carries 20% of the world's oil and 20% of its LNG. India imports 80 to 90% of its oil and 40 to 50% of its gas, and we are already seeing steady price hikes and WFH advisories going out around the world. The Indian crude basket averaged $114 in April and is at $106 in May — still far above comfortable levels, and this crisis may drag on for longer.

When food and energy prices rise together, the RBI cannot stay quiet. Beyond a point, it will have to start hiking rates, and that is when a bad situation starts to feel like a crisis.

It's still May😬

[Boria Majumdar @BoriaMajumdar]

Arjun Tendulkar

It is a misconception that star kids have it easy. Many feel things come easily to them and that breeds a sense of hostility and frustration. Arjun, frankly, is damned either way. If he did not play cricket and tried doing something else, people would say he is good for nothing and that despite being Sachin Tendulkar’s son, he decided not to pursue the sport. And now that he has opted to play cricket, knowing fully well that his surname will haunt him, he is trolled and abused.

It is important that all of us try and be in his shoes for a while. Imagine training for hours and hours, for days on end, only to be told that all this hard work is for nothing and that everything you have today is because your father is Sachin Tendulkar. Yes, he might not be the most talented cricketer around. He might only achieve modest success in his career. But why can’t he simply be a domestic cricketer who is left alone to do what he wants to do?

[Sachin Tendulkar @sachin_rt]

Well done, Arjun. ❤️
Proud of the way you’ve carried yourself through this season, always believing in your ability, staying patient, working hard quietly, and remaining positive despite having to wait for your opportunity till the very last match.
Cricket tests patience as much as skill, and you handled both beautifully today.

Keep your feet on the ground, and continue being in love with the game like you always have.

Love you always.👏