Sunday, 11 March 2018

Care


July 2012

Cooking was never his forte. He fumbled to spot the ingredients lined up above the kitchen cabinet and confused the ones he needed, most of them being the basic stuff like salt and sugar. Hah! He wouldn’t dare try out any of the complicated spices or go anywhere near the heavy machinery that his wife normally used in the kitchen; with elegant ease, one might add. At that point he realized that the culinary skills his “much better” half possessed went far beyond the food she made; it was the way she waltzed through the cubicle some might call a kitchen. Not once was the sound of vessels clanking or ceramic shattering heard, not once was curry spilt, the stove was spotless, the cabinets dry, the sink was cleared then and there, and not a spoon was out of its place. The dishes that came out of that kitchen were often lauded (and occasionally criticized) but only now did he appreciate her grace within the kitchen. “Could you buy me one for table fan? For the kitchen…” Her request was often scoffed by, “But you already complain that there isn’t enough space in the kitchen! How do think you are going to adjust a fan in there?” He came up with a bunch of solutions to that problem as he poured porridge into the bowl… half naked… perspiring… tanned.

The bowl was placed on a tray (Fancy – he might say; unnecessary – she would rebuke!) along with a little cup of pickle and taken across the hall to their bedroom. The door was open, so he could see the petite figure of his beautiful wife under the blanket. The face that was normally flush with energy looked like a deflated balloon, and even in sleep, her eyes cringed and her lips parted to give a soft moan of an aching body. He quickly placed the tray on the side table and felt her forehead.

“What was the noise I heard?” she asked, referring to one of the steel plates that had fallen during her husband’s apparent process of cooking. Her voice, as tired as it could be, did not hide its irritability. She struggled to open her eyes and with some support, propped herself up. She couldn’t move her body, her legs ached at every joint, her arms couldn’t bear the lightest weight and her palm was cold as ice.

“Eat this”, picking the bowl up, he brought a spoon of porridge close to her mouth and asked.
“I don’t want it”, her mouth was tasteless and she was certain her stomach didn’t have the strength to digest it. She couldn’t bear the pain of throwing up one more time, and all those thoughts made her dizzy.
“You have to! You need some energy and you cannot have the medicines on an empty stomach”, he insisted gently. He surpassed her reluctance and fed her, slowly, one spoon after another, and in a seemingly never ending process he half emptied the bowl before she slumped with one hand raised, “No more!”
“OK, that’s fine. Let me get your medicine”, he took the tray back to the kitchen, placed it next to the sink, ignoring the inviting calls of a dozen other vessels to be washed, and got back to her with the tablet and a glass of water.
“Better?” A little hope in his voice. “Yeah”, a little truth in hers.

Ajmal and Mehrin had been married for less than a year, but there was no façade of the so-called “honeymoon” period in their relationship. There was no overt expression of love, no flowers, no poems or greeting cards, no extravagant celebrations arranged or gifts purchased and neither was there any expectation for any of that. They fought bitterly when things didn’t go their way; they fought to adjust and fought for their space! And perhaps this naked honesty brought a lot of clarity in their relationship. Without any of the superficial decoration, they both realized what their relationship meant. They acknowledged the budding friendship and the well rooted kinship that bound them, they appreciated their differences and found a way through that. And with every passing day, they cared for each other a little more. As they understood the nuances of each other’s personality, they also developed a liking for the person, an affection that would one day grow to become an inseparable bond. Not a blazing flame, but a serene pasture… That’s love…

“Could you read me the newspaper?” She asked with her eyes closed. He searched for it a while inside his head, thinking of when he had last seen the newspaper, finally realizing that he hasn’t opened the door since morning and the paper is still outside.

“Civil War… Protests… Refugee crisis… Syria burning… They have nothing else in the news”, he ran through the pages.
“Oh! Tell me what’s the situation in Damascus -”
“And why are you bothered about that may I ask?” He cut her short, “We are not going to be affected by whatever in happening in ‘Damascus’ in any manner, are we?”
“I know it will not affected us in any way”, she too would have cut him short, but there was a tad exhaustion in her voice. “I am just worried about the people there. Are they moving out of the countries? Who is taking in the refugees?”
“Well, it seems a lot of them are moving to Jordan and Turkey. Europe has a mixed stand on the issue, some countries are ready to take in the refugees while others have flatly refused.” He spoke without emotion. “Now, please don’t start worrying yourself with those refugees. Worry about yourself!”
“They too are people like us! People with families, people with jobs, children with schools and homes! What would they do now?”
“None of our business!”
“How can you be so cold?”
“Because it honestly doesn’t matter! How does it matter if any of us sitting here care or don’t? How is that going to affect them?”
“Yes, there is NOTHING we can do for those people right now, so least we can do sitting here is to care! To act as if it matters, to act as it is important! And maybe somehow, we might be of some help…”
“How is our care going to be of any help?” He took his eyes off the paper and looked at her.
“I always tell my students, that if you want to live as Human Beings, the least you need is eyes ready to care and a heart filled with prayer. We want to change the world, help those around us, and we ourselves expect help from others – That’s how Human Beings work. That’s society, that’s the world – and unless we purify ourselves, unless we are ready to care for what we see, unless we pray for those who need it… What kind of person does that make us? There is no difference… between someone who is a thousand miles away and someone who lives right next door, we end up showing the same apathy towards both! Replace that with care… the least we can do to make the world a better place!”
“Well… you seem to be in perfectly good health when you want to pick a fight…” she started a fit of coughing before he could complete that sentence. He patted her head, quickly gave her a glass of water and helped her lie down again. Her forehead was burning up, worse than before. Now, it wasn’t the heat that made Ajmal sweat!

As the day passed, Mehrin’s health deteriorated further. Within an hour of having breakfast, she vomited everything and flatly refused to have lunch. The clenching of stomach for every time she vomited, as if squeezing out the last drop of toothpaste, was so unbearable, that even drinking water was difficult. Her mouth was absolutely tasteless and by evening she began shivering as in the middle of winter. A couple of older ladies dropped in from the neighborhood to offer remedies; one of them shared lunch with Ajmal and another helped clean up too, but by seven in the evening, Mehrin’s teeth started to clatter and Ajmal rushed her to the nearest hospital where she was immediately given an injection and connected to the IV for glucose. “Let her be here for one day”, the doctor passed his judgment.

At night she opened her eyes to find her husband dozing by her bedside in the hospital. “What did the doctor say?” she croaked.
“He ran a few tests. Nothing to worry about, just a normal fever. But you will have to stay here for a day. Don’t worry, I have informed the office that I won’t be coming tomorrow.”
“Don’t do that. I think I will be alright after a good night’s sleep. And in the morning there will be people to look after me. You can go to work.” He loved his job – a borderline workaholic, and she knew it.
“Are you sure?” Of course No! But she didn’t respond. And he didn’t push her either.

In the morning he got back home to take a shower and get ready for work. There was never, and there will never be anything like the smell of your own home after a night spent away. The house certainly was in a mess, but walking back into the heart of your comfort zone felt like crawling back into your soft blanket in the middle of the night; there was no greater relief. He quickly put away a few clothes that lay astray, made his bed, took out the garbage and washed dishes to avoid the odour when he returned from work, just in time to take a bath, iron his clothes and get ready for work. Ajmal worked at an Accountant’s office which was a 15 minutes drive from home.

“How was the weekend sir?” He was greeted by his junior, Mohd. Abolla, as soon as he settled into his cabin.
“Well, not so great. My wife caught a terrible fever day before yesterday. She is in the hospital right now.”
“Oh! Hope she is better now?”
“Yeah, she was a little better in the morning. She was able to eat breakfast which I got from the hospital canteen. Let me just check on her anyway.” He picked up the phone on his desk and dialed his wife’s cell-phone. She picked it up in the first ring itself. “Hi…” she said in a croaky voice.
“How are you feeling now?”
“Much better actually. Body pain is down and the nurse said even my temperature has come down. Guess I will be alright by evening.”
A workaholic he was, but at that moment he wanted nothing more than to see his wife with his own eyes, and make sure that she was saying the truth. To keep his own hand on her forehead and ensure that her fever had come down. “Alright, you take care. I will call you.” He hung up half heartedly.
“What did she say?” Abolla enquired from his seat right across Ajmal.
“She says she is better. I hope she really is. Was in a terrible state yesterday!”
“Don’t’ worry sir, she will be alright. Sir, I have completed the statements you had asked me. Could you finalise them?” Abolla stretched his arm from his chair and passed a yellow coloured file to his boss.
“Let me see it”, he stretched his arm to grab the file and put it on the cluttered table. “Hey, do you have the newspaper with you?”
“Ahh, sure sir. There you go”, Abolla pulled the newspaper out of his back, which was intended for his lunch-break read, and passed it across with the outstretched arm. “Just the same news sir, War, protest and refugees. Nothing that concerns us!” He smiled.
“Of course!” He quickly ran through the pages and five minutes later made another phone call to his wife, giving her the latest refugee statistics and his normal speech about how it doesn’t matter. “Will read the whole thing in the afternoon and call you then”, he added, after being shouted at for being cold-hearted and apathetic.

“Sir, I am going outside to have lunch. Would you care to join me?” Abolla had started to leave for lunch.
“No, it’s alright. I am not feeling hungry.” Obviously!
“Alright! Sir, by the way, do you have change for a hundred?”
“Yeah, sure!” He pulled out his purse from his side pockets to search for change, which he was sure he had the previous night at the hospital. “Oh, sorry man. There was a beggar outside the hospital, so I gave him the change!”
“That’s no problem. And sir, any issues with the statement?”
“I haven’t checked them yet. Will let you know if anything comes up.” Obviously, he couldn’t concentrate. He fidgeted with the stationery on his table, fingers trembling restlessly, he was afraid to make another phone call – He had to see his wife in person. Impulsively, he bounced of his chair, grabbed the car keys and walked out of the office.
“Sir!” came a shout from behind as he was stepping out the door. The sixty year old peon at his office came running to catch up with him. “Sir, could I please have an extra hour of break? My son is not feeling well, and my wife is with him all alone. I just wanted to check on him, I will be back, but it could take some time…” Ajmal was always skeptical of his staff and these kind of well choreographed excuses were not uncommon with him. But the look of desperation on the old man’s face was something he could relate to.
“Sure, take your time”, after a thought he added, “Take your own time, I think we can manage over here for the day even if you don’t come back in the afternoon.”
“Thank you so much sir”, even the look of gratitude on his face was something he could connect to. As he unlocked the car, he turned around and called out to the peon who was about to cross the road, “How are going home?”
“I will walk sir, it’s barely half an hour.”
“Correct”, with sudden realization, “I know your house. It’s on the way, come I will give you a ride.” The old man did not wait to play the “No it’s alright” charade – with a wide mouthed smile, he rushed into the car, “Thank you so much sir”

At the hospital, Mehrin did seem better, but she as far from recovery. She had vomited just once that morning and her temperature was down by two degrees, but her cheeks were still sunken and she wasn’t able to move that much. He could clearly see that her body was still aching and would need another couple of days of proper care. “I’ll just see the doctor and come. Will get some lunch also on the way, did you like the canteen food?” She said it was fine. Outside the room, he changed his mind and decided to grab lunch first and meet the doctor later. He ordered Naan with meat Korma for himself and soup with mashed vegetables for his wife, which the canteen cook recommended would be easily digestible for a patient. They had lunch together, she was able to eat by herself, and discuss the current affairs. The war in Syria had got bloodier and the flux of refugees was deemed to be unmanageable by all of its neighbouring countries. There seemed to be an inflow of refugees into Aleppo too, which was so far the only safe city in Syria. And the citizens of Aleppo blindly believed that the war would never reach them.

After lunch, he met with the doctor, who too started the discussion with current affairs; but his tone was more grave. “How is any of this going to bother us Doctor?” Ajmal asked with the same naivety that almost everyone in Aleppo felt.
“I was sure about that until yesterday. But today I am heard some unsettling news… Let’s hope for the best anyway.”

Aleppo had been the centre of trade and commerce for centuries, the cradle of civilization for millennia. The buildings were beautiful, the people were apolitical and industrious, and culture was peaceful. Nobody would dare bring violence to that amazing city. It was blasphemous to even think of any of those buildings turning to rubble, the mosques, hospitals, schools, shopping centers – everyone was sure that Aleppo was the safest place on earth. Ajmal bred that ego the most!

“Your wife is getting better now. I think you can take her home now, we will discharge her.” That shocked him. His wife was in better health, but absolutely no condition to go back home. “Yes, I realise it would be better for her to stay here for a couple more days; but we are desperately short on facilities. There has been an accident and we are taking in a lot of patients today – Patients who need life support and critical care. We will have to vacate the comparatively better.” Ajmal signed some papers, paid the bills and slowly walked his wife out of the hospital.

Outside, chaos was starting to ensue! Many injured and burnt were being rushed in with gurneys, ambulances were blaring and nurses with the help of security were flying around. Ajmal helped his wife into the car and quickly drove outside the hospital premises – to see the Aleppo of his greatest nightmare. People were on the street, running hither and thither, cars, tied up with luggage and filled with people, seemed to move out of the city. As his car moved closer home, the panic became tangible! Fear was blazing in every eyes, there was confusion, desperation and helplessness. It was as if the fear, that they had dug into the deepest corners of their heart and promised to never let out, was dancing naked in front of them.

As their car reached… what was once their home… horror took their breath away! The building, that was once the temple of their joy, stood before them, crumbled and bare. There was no roof and the walls were on fire. The doors and  windows were shattered and one could see that inside the walls was nothing but dust. The furniture, the kitchen, their bed, their clothes, all of it was turned to dust, lying below a massive tower of black smoke that kissed the sky. In a distance not so far, gunshots could be heard, getting closer, louder and faster.

She placed her cold shivering hands on his, clasped them tightly, and through her gasping breath and pounding heart, she found the voice to say, “We must leave Syria Now!”   

Sunday, 12 February 2017

Talks with the Rain: Part 1 - Smitten

I think I noticed it soon enough. There was an addition to the dull silence of my room and the low rumble of the ceiling fan; I could hear an thin drizzle. There could have been a leakage anywhere outside, but my heart leapt in hope; the book fell out of my hand, the chair slipped off my butt and in a flash I was leaning over the railing of my apartment’s balcony. There it was, a light drizzle stretching as far as I could see.

Oh! There was nothing more comforting than this! The splash of those countless droplets on Earth, the smell of moist soil that wafted up to me and the hug of the cool breeze; whom did it not turn into an artist? Whom did it not turn into a lover? Could there be a soul to walk this planet who did not crave the touch of this natural wonder? Could there be a sorrow that wasn’t vanished by the sound of this mystical? Not once did this friend of mine fail to bring a smile upon me. I stretched my arm over the balcony and felt a droplet touch my palm. “Been a while there Comrade”, I asked.

“Heyloooo!” The rain cheered, and I saw that the drizzle suddenly turned into a shower. “I am sorry da, you know I am not in full control of things.” My friend had sensed that I was indeed disappointed with his delay. But I was aware that it wasn’t an easy matter for him to come, the winds had to approve, the time of his arrival, and the duration of his stay. In our town, that wasn’t such a long time.

“Your brilliance has lost no glory my friend!” I commented.
“And your sword of poetry is sharp as ever my brother!” He sang back.
“Poet? Hardly! You know how I struggle to string words together”
“It’s not just about words you know. Every person who sees with his heart is a poet. Every person who feels and cares is a poet. It doesn’t matter what you care for. Just empathise, and that makes you a poet. Your poetry could flow out in the form of words, music, art or what not. It’s not the product, but the source that makes you a poet!”
“And if this outflow can be in the form of water”, I replied, “You, my friend, are the greatest poet!”
  
“How about a cup of tea?” Rain hadn’t completed its sentence before I shouted to my mother, “Amma, I am going outside for a cup of tea!”
“Isn’t it raining outside?” she asked. It was a question I was prepared for. “Just drizzling… I have an umbrella... Be back soon!” I dashed.

“So? What’s new?” He enquired as I started walking up the street. I had adjusted my umbrella for the wind, but my feet still got wet. Meh, who cares!
“Preparing for exams, that’s all. Just a couple of months away you know. And how are things at your end?”

The sound of the rain over my umbrella was music. And out there, the hug of the breeze was even more intimate. “The usual… Hey, did u visit the new place they are developing outside the town?” He was talking about… well, let’s just call the place, “The City”.

“Not yet, but I hear it’s buzzing already”, it sure was in the newspapers. All people had to talk about was about the investments coming in and the buildings popping up. The news made noise over both sides of the scene, about how erratic and unplanned the construction was, and also about how vibrant the city had become, how much jobs it was creating and the whole new life style that was setting. On that page again, there was a lot of noise – Obviously!

“It’s Beautiful”, I saw a flash a lightning up ahead, followed by a slow rumble. Hope Amma didn’t hear that, she would be worried sick! “I have never seen anything like it!” Rain continued, and so did the lightning.

“So did you shower there too? Was that the delay?” Yes, I was jealous.

“No, I didn’t actually. Lingered there for a while, but then decided against it.”

Now, that was a really curious incident. My friend, the Rain, was plain and straightforward, showering upon any land that came it’s path. He didn’t care whether it was a city, a village or a forest, he blessed anything that he passed by. And he loved it. Every time Rain visited me, he would share stories. How he was received, how the children ran about when he came, how people thanked the skies upon his arrivals, how animals and birds sang to greet him. There was an unmatched zest in his voice as he spoke about it, and I could find no reason why he would skip a town. I voiced my concern.

“Well, I was a bit worried actually! The place was so beautiful. Spotless! Really… I didn’t have the heart to shower over there.”

This was a side to Rain, I had never seen before. More than a friend, the Rain was my guide, my mentor, my older brother. He was the mature one. He was the one who dispelled my fears and now… He sounded scared.

“But I didn’t want to leave the place either. I wanted to shower, really! But… I was almost sure they wouldn’t like it!”

“Wait! Are you SMITTEN for that city?” I asked in sheer shock.

“WHAT?”
“Well, I say that any person, or force of nature, who is capable of experiencing joy, is doomed to experience every other emotion.”
“WHAT!?”
“You have a crush on the -” Before I could complete, the Rain interjected.
“I do not have a crush on the city!” I spotted a pinkish hue on the clouds which was definitely not a lighting effect by the sun. “I am just scared! Really scared!”

That’s because you are smitten, I wanted to say, but instead asked, “And why is that?”

“Because it’s a Beautiful city!” Ahha! Gotcha! Even the rain spotted the slip of his tongue and responded with a Blast of thunder above me.
“Beautiful City huh?” I chuckled. But then I added with serious concern, “But tell me, why should you be scared?

 “Because it is a Beautiful city!” The droplets pounded around me with more force now. I could sense a certain frustration in his voice now. After a moment, he calmed down and started answering, one by one.

“The city is a strange place. I mean, they seem so vibrant and smart, yet they are surprised when they see me. They know I am going to visit them twice a year and yet they seem shocked at every shower. And… They hate that! You have no idea how taken aback I was when it happened the first time.
“The city did not have adequate drainage for my water to flow, and neither was there soil for the water to seep in, so the water rose on the surface and you wouldn’t believe how angry the people were. It is so depressing!
“They are an angry lot, I know. But whenever I visit, they join forces and direct all their anger at me. The current goes off, or when network connection is down, or if a tree falls, or the garbage starts to smell, if the water enters their house or forms a puddle on the road, or even if the road gets damaged, if the mosquitoes start to breed and spread diseases, WHATEVER happens, I am responsible.
“And guess what, if they don’t have sufficient water supply, or if their water is too hard, or if the heat is unbearable, even then I am to be blamed. You have no idea how frustrating the irrationality of these folks is!
“To watch the garden flourish and the grass wet, to appreciate all that beauty, or to let children run about and get wet, Oh my! City people let hell loose if they find children running in the rain. I know, to enjoy my arrival may be much to ask for. But come on, is it that difficult to accommodate me as a guest at least. Or even an ordinary supplier! Oh no, they are all too busy for that. I just see them running, up and about for God knows what.”

The wind was blowing more fiercely as Rain continued to speak, “So I usually detest showering in cities. But this one, I don’t know man, the people looked different over there. They were all smiling. They seemed happy. And that made me all the more scared! Would I be ruining their merriness? Would they be all the more mad at me? I couldn’t bear to see those joyous faces turn bitter…
“But I desperately want to be around them too. I wish they would accept my arrival. I wish I could be the cause for a little more of their happiness. Ughh…!”

By then the Rain had turned into a proper Thunderstorm, swinging up and down in intensity. Grabbing the hold of my Umbrella with full strength, I spoke, “You have got to calm down Bro! Take it easy. I know how you feel. You are smitten by the City, and that is absolutely normal, just listen to me!”
I don’t know whether he actually listen to me or just got tired, but he calmed down for a moment. I didn’t say anything until he gestured me to, quite pleadingly.
“First of all, you can’t assume that this City is going to be like every other one. You cannot typecast it. Yes, I agree, there is a probability that the city could be everything you describe, but there is also a probability that That won’t be true. You have to be positive.”

The wind reduced to a breeze and the Thunderclaps (Ohhh! Bloody Blundaleomite, I hope Amma didn’t hear them!) had stopped. As the shower evened out and the clouds let the sun shine through a thin gap, I smiled up at my friend. “What?” he asked. I just continued smiling, and suddenly he joined in too. “What?” he asked again.

“I know that feeling you are going through. And I think it is beautiful!”
“It is Frustrating!”
“I know, but I love it. And I know somewhere, the greatest poet will love it too!” I spoke on with a smile, a smile that signaled strength you had gained through experience, “What you have going on right now, that is the first step to one of the most glorious things in the world. You are at the doorstep of Love my friend! What awaits you is an ocean of joy!
“And the fear you experience, it is exactly the fear that a sailor would experience before he set sail. You are about to enter something magnificent! Something so beautiful, yet so powerful that it could crush you. But you know what, I love that feeling. The feeling of standing and looking at the ocean, waiting for it to consume you!
“What is the worst that could happen? You could fail. So what! Everybody fails… But what else could happen? You could fall in Love! Think about it, it’s a fair bet. If the City liked you, if the City loved you, Wow, wouldn’t that be worth everything!”

I closed my eyes and listened to the shower around me, and recollected my own memories, a large quantity of which existed. Every time that girl looked at you, or texted you or called you, the quickening of your heartbeat, and the racing of your breath! The excitement, the rush… Oh! That is beautiful!

Rain took a deep sigh and I saw the umbrella fly out of the hands of another person who walked down the street. “Perhaps!” He said, “so strange how one behaves when threatened huh?”
“Even the wisest can be brought to his knees when caught unawares”, I acknowledged.
“You seem to have a LOT of experience.”
“Hey, there are some things at which no force of nature can compare with humans. You might know of beauty and stuff, but when it comes to handling emotions, we, especially myself, am a master!”

The Rain still beat down steadily as I finished my cup of tea and started walking back home, when suddenly I felt a pulse down my thighs. I fished the cell phone from the pocket and my heart stopped beating! Across the screen were written three words, “Devika Rajee… Calling…”

With my shivering thumb I dragged the green button and spoke, “Hello… Hello… Hellooo…?” There was no voice at the other end. Could she have called me by mistake? Was that a pocket call? Or was it a prank!? O God… Wait, there was no signal in my cell. The Rain! The Rain had messed with the cell phone towers, there was no network!

“BLOODY FISH RAIN, YOU’D BETTER CLEAR OUT OF HERE THIS INSTANT! YOU HAVE NO IDEA HOW LONG I HAVE BEEN WAITING FOR THIS, IF YOU RUIN IT, TRUST ME YOU ARE GOING TO PAY! ONE MORE DROP AND MIND YOU! RUN!!!”

I could hear a distant laugh as the clouds made way for the bright and shiny Sun, slowly sinking in the west. “Hello…” I spoke again, my heart pounding against my chest.

“Heyy… hi!”

(This blog is a special dedication to two wonderful people who are celebrating their birthday on the 12th of February. I wish you both, all the luck and happiness in this world, with all my heart, and give this to you as a little birthday present. You are special)

Love

Tuesday, 14 June 2016

Human Resource Accounting

Every branch of management study will inevitably state that Human Resource is the greatest asset of any business. Even Accountants won’t disagree with this state; except that we have a very strict definition of the word 'Asset'. This definition of ‘Asset’ according to our Framework for Presentation of Financial Statements prevents Human Resource from being disclosed in the Balance Sheet of a business. What a shame?

In this write up, I want to make an attempt at solving this little problem.

An Introduction
An Asset can be defined as anything that earns future economic benefit for the business and can be controlled by the entity. And therein lies the problem, the Human Resource of a business cannot be controlled by business.

But before we tackle this situation, let us discuss why it is important to account for Human Resource and how this will be useful for investors. We have often come across news of resignation, re-appointment or dismissal of top corporate bosses, and we also notice that this news is inextricably linked to a report on how the share price of that company has moved during the day because of such retirement, re-appointment, etc. Cases of Apple and Infosys could be quoted as textbook examples for this situation.

This shows that the investors and concerned about who leads their company. A logical conclusion of this assessment would mean that the investors will also be concerned about the lower rungs of the company, i.e., the goings and comings of top performers in every department at every level of the company. A proper quantitative disclosure of the Human Resource of a company therefore becomes imperative.

The existing methods for valuation and disclosure of Human Resource rely on statistical data and present a bird eye view on the situation. However, these models are criticized for not taking into consideration the individual capacity of the employees.

The Thesis
The new idea I would like to discuss is about actually accounting for the Employee Strength of an entity just as accounting any other asset, and thereby giving the adequate disclosure required by any investor. And this can be done by overcoming the problem of “Control” that an entity does not have over its employee as follows.

Every company has a consistent internal policy of ranking / rating its employees periodically. These companies also have a policy to retain their best employees. Recent reports show that several IT companies want homegrown managers, which means that they prefer to retain, train and promote the engineers into managers than hiring externally. All this points to the fact that companies do their best to retain and control the best performers, i.e., their assets. And one of the Five major tools used to retain employees is Financial Consideration.

Now let us look at the scene from a different perspective. Every company has a list of top performers. In an event that these “most valued employees” put in their papers, the company has to come up with an offer to retain him/her, an offer that involves a monetary consideration in the form of pay-hikes, bonuses etc. Therefore, is it not prudent for the company to create a reserve for the increased cash outflow in such a situation?
And that financial consideration which we discussed, will be the amount that has to be accounted as an Asset on one side, and a reserve on the other. The reserve, will indicate the amount a company will have to incur to retain its employees. And the same amount will be accounted as an Asset, for the amount that we have set aside to retain (control) the employee is his value, and that amount is indeed the company’s asset.

In order to prevent the company from inflation of their Balance Sheet, the company policy must ensure that the amount stated in the Balance Sheet will be utilized if any of the employees that have been valued tend to leave the organization. The amounts may be reviewed quarterly and any change in the valuation shall be disclosed. At the event of utilization of the reserve, Reserve will be debited against actual cash outflow, and the asset will be written off to P&L.

Advantages
First and foremost, the amount of Human Resource Asset will become the Masthead of the company’s balance sheet. Especially for IT companies that heavily depend on their software engineers, and other industry which requires intensive skilled labour, the Human Resource Asset, will indicate the value of the employees, the company’s commitment to retain the employees and also disclose the employee turnover, and associated risks in the company.

Human Resource will be measure of leverage for Financial Analysts. Furthermore, statisticians can use this figure to measure the aggregate development of Human Resource in a country.

The greatest advantage of this method is that it measures the value of employees individually and at the same time, it recognizes a liability that every company bears, but many might not be aware of. It quantifies the risk that a company faces, if one of its prominent employee leaves the organization.

Acknowledgement 
This project has been taken up by Mavensmark Consultancy Private Ltd and I would like to thank its CEO Mr. Deepak for his trust, support and leadership. I would like to thank CA Revathy Raja for her valuable inputs and for being there with us throughout the progress of this project. Thank you Prof. CA Ramesh (IIM), for your guidance, counsel and encouragement. You guys indeed are the pillars of this write-up.

I am also greatly thankful to Speridian Technologies, the one company that has truly been a turning point in developing this model. Thank you Mr. Satish Ganta and Mr. Nimesh Bhammar for your valuable time and insight. We look for your continued support in taking this project forward.

Way Ahead
We have discussed our hypothesis with several persons and found varying opinions on the matter. The way ahead for the project will be to have more discussions and debate on the this topic, especially in the accounting and HR community to identify and plug any flaws that persist in this model. We would also like to try out this model in major HR Intensive companies and ensure its practicability. We reach out for support from the entire fraternity for not just this model, but so much more innovation from Chartered Accountants and CA Students in India.

Thank you