The Unfiltered Story of Thankachan Mandapathil and HALSCA
Chat with Thankachan Mandapathil Joy, Head at Hussain Al Shemsi Chartered Accountants - HALSCA (Your Comprehensive Business Destination)
Let's talk about YOU, HALSCA, and Thankachan Mandapathil.
HALSCA: We're Hussain Al Shemsi Chartered Accountants, a renowned accounting and auditing firm based in the UAE with offices in Dubai, Sharjah, Ajman, and various UAE Free Zones. Established in 2007, we've been delivering top-notch services to a diverse range of businesses, both private and public sector. Services like Auditing, Accounting, Consulting, Tax, Advisory, and Industry reviews are our bread and butter. Our team of dedicated professionals—including experienced Chartered Accountants—is here to help understand and address your unique financial needs.
Thankachan Mandapathil: I go by 'Assurance.' That's because, at my core, I believe in providing reliable and trustworthy financial advice. I started HALSCA back in 2007, driven by a passion to share my knowledge and give back to society.
Goals: Our main goal at HALSCA is client success. We work closely with our clients, overcoming even the toughest business challenges. We specialize in numerous industries like Shipping, Automotive, Engineering, Education, and more. As an IR Global Member Firm, we incorporate top international insights, keeping our clients at the forefront of innovation.
We're dedicated to educating clients about changes in accounting standards, regulations, and best practices to ensure they understand and comply with them. We're committed to providing high-quality audit services that enhance financial reporting reliability and restore confidence in financial markets. To achieve this, we invest in training, technology, and methodologies to guarantee accuracy and reliability in our work.
Strengths: Our biggest strength right now is our Professional Expertise. We boast a team consisting of experienced professionals with diverse qualifications, such as CA, CPA, ACCA, CMA, M Phil, MBA, M Com, and more. We offer a wide range of services, including Audit and Assurance, Bookkeeping and Accounting, Consultancy and Advisory, and more. We also provide innovative solutions like Business Health Checks, Corporate Advisory, Business Valuation, Tax Accounting Assistance, and Technology Advisory. Our global network as an IR Global Member Firm ensures we provide tailored advice to meet our clients' complex needs across 163 jurisdictions and 63 practice areas.
The Path Taken by Thankachan Mandapathil:Back when I was in 10th grade, I had no idea what auditing was. My intention was to become a chemistry teacher. My mother's friend then suggested I become an auditor. Later, my father inspired me to take commerce for my plus two. Post B.Com, my uncle helped me grab a place to start my CA training with Luke & Company in Kozhikode. I started my auditing firm at the age of 24, shortly after passing my CA without conducting any feasibility studies. After a year, I came to the UAE as an internal auditor and joined United Arab Shipping Company, gaining vast knowledge and experience over the next 26+ years.
Challenges Faced:My journey as a leader was filled with challenges, including Change Management, Managing Conflict, Adaptability, Building and Managing Teams, and more. I overcame these challenges by maintaining resilience, adaptability, a positive outlook, resourcefulness, empathy, continuous learning, and a growth mindset.
Values that Aided Overcoming Challenges:Smart comebacks from setbacks, failures, and adversity, flexibility and openness to change, maintaining a positive attitude, being resourceful, understanding others' perspectives, continuous learning, and growth.
Strategies and Vision:We aim to let businesses grow systematically and ensure no legitimate business dies due to lack of proper direction at the right time. We uphold high ethical standards and maintain integrity in financial reporting. We differentiate ourselves from competitors by delivering an exceptional client experience, embracing cutting-edge technologies, focusing on exceptional client service, providing value-added services, and ensuring transparent pricing and communication.
Future of HALSCA:In the next two years, we aim to reach the hearts of business owners and employees, empower them with the right insights and direction, and increase our use of technology to expand our scope of services. Our services will be based on our clients' needs, offer value, and prioritize diversity in our teams.
Client Benefits:We enable business owners and employees to do more business, give them proper direction, and make their financial statements credible. We help businesses navigate complex regulatory environments, attract investors, and make informed decisions based on accurate financial information.
Advice:I embrace Mother Teresa's quote, "Let no one ever come to you without leaving better and happier." I believe in adding joy and happiness to whoever comes to me.
Connect with me on LinkedIn Thankachan Mandapathil.
- Despite initial plans to become a chemistry teacher, Thankachan Mandapathil's journey led him to the field of finance and accounting, a change inspired by connections and family support.
- HALSCA, a UAE-based accounting and auditing firm, delves into various sectors like technology, education, and business, ensuring clients are at the forefront of industry innovations through their international insights.
- The education and self-development sector is one of the numerous industries HALSCA specializes in, offering valuable guidance to clients on changes in accounting standards, regulations, and best practices.
- In the realm of finance, HALSCA's team of professionals invests in training, technology, and methodologies to guarantee accuracy and reliability in their work, thereby enhancing financial reporting and restoring market confidence.
- Keeping up with the dynamic technology trends, HALSCA provides innovative solutions like Business Health Checks, Corporate Advisory, and Technology Advisory services to clients across 163 jurisdictions.
- General news related to market trends and global financial events could help businesses better understand the landscape and make well-informed decisions to capitalize on opportunities, a key strategy for success according to Thankachan Mandapathil.
- As a responsible business entity, HALSCA strives to ensure no legitimate business faces extinction due to lack of proper direction, promoting sustainable growth and adherence to ethical standards in financial reporting.
){kind=link}