Western India Regional Council of
The Institute of Chartered Accountants Of India

 

Dear Colleagues,

After Independence, the political consciousness in the country is perhaps at the highest level. There is little doubt that this would be a watershed election – bitterly contested, generating a pan-India mass involvement with all the trappings of a media blockbuster.

With the election dates out, the countdown has begun. Whatever the outcome, the entire country is hoping for a stable, corrupt free and a dynamic government that would propel India back to the centre stage of world affairs.

While India will go for elections, we at the Institute already have our leadership in place. I take this opportunity to congratulate the newly elected ICAI President CA. K. Raghu, Vice President CA. Manoj Fadnis and Team ICAI. I am sure these stalwarts will lead ICAI to greater heights of glory.

This being my first communication to you as Chairman of WIRC, I would like to place on record my sincere appreciation for the confidence reposed upon me. Like my predecessors, I would work diligently for the Profession and hope to bring greater laurels to the Region.

I would like to congratulate the immediate past Chairman, CA. Mangesh Kinare for his sterling performance and securing a record number of 12 awards for the Region including the Best Region Award as well as CA. Mahesh Madkholkar for the Best WICASA Award for the year 2013-14. Congratulations are also due to the Regional Council Members and to the entire Members and Students fraternity for their whole hearted involvement in all WIRC activities.

President CA. K. Raghu has articulated the National Plan with great clarity. He has stated that ICAI exists as a facilitator to help CAs better themselves to enable them to conquer new frontiers. The National Plan looks forward to take the Profession up the professional order of our country – in terms of value-added skill-sets, knowledge, contextual intelligence and integrated networks. WIRC, as a team, will ensure that we align our plan with the National Plan and work towards achieving our national goal.

Our Profession has seen many evolutionary changes over the last few years. In an increasingly complex, demanding and competitive 21st century we still need to push the boundaries. With that in mind, the WIRC theme for 2014-15 is ‘Thinking Above & Beyond’. These three words encapsulate our ethos that growth is a way of life. We have to excel in all aspects to make an impact while we grow professionally and ethically so as to move beyond the set boundaries. To do this I urge Chartered Accountants to embrace the 4Cs – communication, collaboration, critical thinking and creativity. ‘Thinking Above & Beyond’ will inspire us to move out of the mundane and routine into new and challenging fields – where CAs surge into a realm of innovation and creative growth. To provide new and innovative ideas that reflect our true heritage as professionals who not only deal with numbers but provide strategic solutions to provide continuous impetus for constant growth. Here I am reminded of the words by APJ Abdul Kalam who said, “Dream, Dream, Dream. Dreams transform into thoughts, and thoughts result in action. Dream is not that which you see while sleeping, it is something that does not let you sleep.”

The Indian banking sector has long been a bulwark of the Indian economy. To bring our members up to date, WIRC has lined up a series of bank audit seminars at various locations across the Region. These seminars will update Members about the latest guidelines, notifications, circulars and other important information that will enable them to perform their bank audit assignments effectively. During the course of the year we will continue to organise similar knowledge based seminars which will go far in giving a professional boost to members across the Region.

We have just celebrated the colourful Holi festival and I take this opportunity to wish everybody a Happy Gudi Padwa!

We look forward to a year of momentous change – for our country as well as for the Profession – and I would leave you with the inspiring words by Gandhiji who said: “Be the change you wish to see.”

With best regards,

CA. Anil Bhandari

 

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