Dear Members,

Prescribed duties should never be renounced. Such deluded renunciation is said to be in the mode of ignorance. Bhagavad Gita 18:7

Having come in this world, we all have obligatory duties. Shri Krishna says that when we give up an obligatory action, when we do not perform an obligatory action out of delusion, out of incorrect or error prone knowledge, such renunciation is known as tamasic tyaga or tamasic renunciation. He says that such behaviour is inappropriate and is not in line with the teachings of karma yoga. Not doing one’s duty is forbidden in karma yoga.

Where do one’s obligatory duties come from? They come from one’s stage in life or ashrama, and one’s profession. A householder is obliged to attend to the needs of his spouse, his parents, and his children. If he does not attend to his sick parents, or does not help with his child’s homework, it is termed as tamasic behaviour. A businessman should strive to generate healthy profits from his business and donate a portion of his wealth to charity. Not doing so is also considered tamasic.

Moha or delusion can create all kinds of negative tendencies in us. It can cause neglect and carelessness where we do not pay proper attention to the task at hand. It can cause laziness and idleness where our body becomes inert and dull, where we do not want to get up from bed. It is hard to get oneself out of a state of moha. Unless someone who is not tamasic intervenes, we will remain in a state of tamas for a long time.

WIRC constantly endeavours to motivate our members and students to be proactive and ensures that the Region as a whole remains in a state of positive activity.

Global Professional Accountants Convention - Glo PAC

The Institute of Chartered Accountants of India (ICAI) hosted its first Global Professional Accountants Convention (GloPAC) on 24th November 2023 at Mahatma Mandir Convention Centre, Gandhinagar, Gujarat. The 3-day mega event witnessed more than 4500 Delegates from over 25+ Countries congregate at the Biggest Accounting Festival in India with over 150 globally renowned speakers providing expert insights over 30 sessions.

To create more opportunities for members, ICAI signed MoUs with Gujarat International Finance Tec-City Company Limited (GIFTCL) and International Financial Services Centres Authority (IFSCA).

Government Subsidy Schemes & Incentives For MSMEs

To keep members updated with the latest Government support for MSMEs who comprise a large part of members’ stakeholder, WIRC organised this program which highlighted the various subsidy schemes and incentives rolled out by the Government for this sector.

Art Of Representation Before Appellate Authorities

To provide members with insights into making representations before the authorities, WIRC jointly with the BCAS, CTC and IMC organised presentations on the theme ‘Art Of Representation Before Appellate Authorities’. Members appreciated this event as it helped them gain confidence for future representations of their own.

Code Of Ethics - Way Forward

Ethics are the foundation on which the profession is built. This event was organised to keep it in the forefront and more importantly ensure members are aware of the various nuances of ethics in the age of social media.

Networking Guidelines

Being great at your work and creating and growing your practice are two different things. In order to make members understand how to grow their business, WIRC organised this seminar to highlight the various ways members can grow their practice using the power of networking. The networking guidelines taught at this event provided members with insights into practical challenges and solutions towards using networking for growth and development.

Retail and QSR Industry

This full day conference provided in-depth insights into the retail landscape along with a panel discussion on data analytics and tech for monitoring controls and loss prevention. Similarly, discussions took place about the Food industry, startups and QSRs landscape along with the role of audit in shifting the industry from the unorganised to the organised sector. The ensuing panel discussion focused on organisational sustainability and growth in the food serving industry.

WIRC Knowledge Initiatives

• Friday Fundas - The Art of Recruitment: Recruitment is a skill like any other and this discussion went far in providing members the insight to help them increase the quality of their hires.
• Tech Edge Series: Tableau - An Introduction. Taking this series forward in introducing new softwares and systems for assisting our members, this chapter of the series focused on Tableau and highlighted its benefits to the accounting community.
• Program on GST: Delving into GSTR 9/9C. To ensure that members were up to date with the various and elaborate aspects of GST, this event provided insights and details into various aspects of GSTR 9/9C for the benefit of all.
• WOW Series – Practical Aspects of Cashflow Statements: Members were provided with detailed insights into all the practical aspects of cashflow statements which was highly appreciated by all attending women members.

I am very pleased to announce the address for our new branch of WIRC of ICAI. Recently, the premises of the Gandhinagar Branch of WIRC of ICAI was inaugurated at the hands of CA. Aniket Sunil Talati, esteemed President of ICAI and CA. Ranjeet Kumar Agarwal, Vice President, ICAI. Suffice to say that the region as a whole is very pleased with this development and look forward to meeting new members from this region in the near future.

WIRC office bearers visited the Aurangabad Branch of WIRC of ICAI as well as the Jalna Chapter of WIRC of ICAI and conducted discussions with the dynamic office bearers and students for the way ahead.

Similarly, WIRC members visited the Navi Mumbai Branch of WIRC of ICAI where members had interactive sessions with past chairpersons, CA women members and enthusiastic students.

It gives me great pleasure to announce the upcoming 37^th Regional Conference of WIRC of ICAI. Based on the inspiring theme ‘चैतन्य – Igniting Knowledge, Empowering Excellence’, I welcome all members to attend this two-day Conference.

As we move towards the new year, I wish all members to look at the year gone by and resolve to be better and grow stronger in the upcoming year. Strive to achieve your goals, to follow your heart towards new horizons. Anything worth achieving is worth fighting for. Remember,

CA. Arpit Jagdish Kabra

Chairman