Respected Colleagues,
We are members of the most dynamic professional body, confidently marching ahead
in our quest for professional excellence with our commitment of delivering the best
service in today’s fast changing environment.
We deploy our tried and tested traditional methods with a few innovated and modern
adaptations in trying to keep up with the changing global practices. This is where
soft skills play a crucial part in fostering intangible but critical aspects like
healthy client relationships and strategic timely advice. These play a pivotal role
in positioning members for the future along with providing insightful business solutions.
Taking into account future demand, we need to think about our new members and our
future i.e. students. We need to create a plan which will provide our students the
requisite experience to take them out of routine tasks and into roles more suited
to their growth. This was the focal point at the ICAI convocation of the newly qualified
members held recently and which was attended by more than 2500 members across the
Region.
Our Branches and their WICASA arms continue to make us proud. My
dedicated colleagues in the Regional Council have been travelling the length and
breadth of our Region and interacting with members and students. It has helped us
in understanding the issues that need to be addressed. The quality of the programmes
organised and other healthy activities conducted by the Branches for members and
students are highly praise-worthy. The bigger branches have supported the smaller
branches with fresh ideas and faculty support from time to time.
WIRC has been privileged in providing technical training to senior officials and
executives of C&AG. I take this opportunity to thank Shri Guljari Lal, Director
General of Audit (Central), for reposing confidence in us as we stand in support
to provide academic training to their officials on varied topics of compliance and
reporting relevance. He had also shown keen interest in introducing the concept
of short term training of our CA Students during their articleship period and a
necessary representation may be made.
This can be rightly termed as a “Legislative Revolution”. Laws
are getting dynamic by the day. New and promising areas of practice and advisory
service are ensuring that the members are geared up well in advance to seize the
opportunities.
GST continues to be the most promising sector for us in fields of either compliance
or litigations. We continue to ensure that we provide a very robust learning environment
for our members and students towards GST training. Recently we had the opportunity
to host Smt. Sungita Sharma, Hon’ble Chief Commissioner CGST, Mumbai, CA. Upender
Gupta, Commissioner GST Policy Wing, CBIC, New Delhi, the patriarch of the GST framework
in India and Shri Sanjay Mahendru Commissioner of GST, Mumbai, along with a galaxy
of very senior officials of the GST Department. The event was an interactive discussion
on the ‘Shaping up of GST - Pre and Post Implementation’, wherein we had our members
interact and suggest changes in the GST law and procedures. This was very positively
received by the respected officials of the GST Department.
I am proud to state that the Chartered Accountant Benevolent Fund (CABF)
is one of the noblest initiatives by ICAI. It has always provided much needed financial
support to the kith and kin of deceased members. I am happy to share that with the
invaluable support and selfless contributions by our members, ICAI has been able
to extend this support. I humbly request each member to come forward and continue
to generously contribute towards this fund. The details of how to contribute for
this cause is given elsewhere in this newsletter.
We continue to make contributions towards the Kerala Relief Fund.
I, once again, request members to come forward and show their generosity by extending
whatever we can for the citizens. Kindly send your contributions to “WIRC of ICAI”
with your name and membership number or contribute online at wirc-icai.org.
The banking sector has been the backbone of the economy and an arena for promising
opportunities for us. As testimony, we are proud to organise the Regional Banking
Conclave on 24th November in Mumbai. I compliment the Chairperson
of this Committee for the conception of this conclave.
Health is Wealth and this is the undisputable mantra, especially
for us in these times when compliances are taking most of our time and resources.
I request members and students to have a judicious balance between work and enjoyment
for a healthy family life ahead.
With Best Wishes,
CA. Sandeep K.C. Jain
Chairman
