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    Published On : Fri, Aug 10th, 2018

    ICAI has strong mechanism to ensure quality of professional services by its members– CA. Prafulla Chhajed

    In the recent times our profession has witnessed multiple changes with increasing number of professional opportunities. It’s the need of the hour to explore the multiple opportunities available and to adopt them said CA.

    Prafulla Chhajed, Vice President of The Institute of Chartered Accountants of India. CA. Chhajed was speaking on the occasion of Seminar on GST organized by Nagpur Branch of WIRC of ICAI and his maiden visit to Nagpur after occupying the position of Vice President of ICAI. He said that to ensure the quality of professional work is maintained by Chartered Accountants, ICAI has developed a mechanism wherein test check of audit reports and certifications by members will be done by central authority.

    He further added that Chartered Accountants are considered as Financial Keepers of the country and society looks forward towards the professional community with high expectations. As regards to the CA curriculum of ICAI, he commented that the course is being continuously updated to ensure that the aspiring students are abreast with the latest development in various sectors and they are able to compete in international scenario.

    The examination department of the Institute is slowly moving towards digitalization wherein papers would scanned and checked through online means which would be first of its kind activity by any national examination body.

    The Vice President further commented on the emerging role of Women professionals in this era of technological advancement and appealed the members to have a futuristic approach and gear up for the challenges the accountancy profession would be facing in future. In order to ensure that long term goal of a practicing professional can only be achieved by networking amongst the members for which ICAI is continuously easing the guidelines for formation of partnership firms between the members.

    On regards to the Chartered Accountants role in implementation og GST, he shared that the Hon’ble Prime Minister of the Country Shri Narendra Modi has himself acknowledged the efforts of the biggest accountancy community in their role for implementation of GST. He acknowledged the selfless service of the members for which he congratulated the entire fraternity.

    CA. Jaydeep Shah, Past President of ICAI, in his brief remarks shared his views on the state of the profession currently. He updated the members the newer opportunities are being created in the field of accountancy day to day basis. He appreciated the working of Nagpur Branch and congratulated the branch on organizing continuous events for the benefits of members of Nagpur.

    Regional Council Member CA. Abhijit Kelkar appreciated the efforts of Nagpur Branch for organizing the fruitful seminar on the most happening Law of the country. He welcomed the Vice President on his maiden visit to Nagpur and appealed members to contribute to the activities of the Institute.

    Chairman of Nagpur Branch CA. Umang V Agrawal in his welcome address informed about the various initiative of the Institute taken for not only providing training on GST but also about passing on the required information and guidance to the common public. He added Nagpur Branch is working day and night to ensure the objectives of the ICAI is conveyed amongst the members and professionals of the city work towards providing the best accountancy services in their respective fields. He further congratulated CA. Prafulla Chhajed for occupying the prestigious position in ICAI.

    In the Technical Session CA. Bimal Jain from New Delhi deliberated on Audit Reconciliation and annual returns under GST Act whereas CA. Jignesh Kansara from Mumbai discussed practical case studies on refunds and export procedures under the indirect tax. CA Suren Duragkar coordinated the program whereas CA. Kirit Kalyani proposed formal vote of thanks.

    Prominently present on the occasion were CA. Swapnil Ghate, CA. Sanjay M Agrawal, CA. Saket Bagdia, CA. Sandeep Jotwani, CA. Jiten Saglani, CA. Julfesh Shah, CA. Swapnil Agrawal, CA. Satish Sarda, CA. Kirti Agrawal, CA. Rajesh Khanzode, CA. Mahendra Jain, CA. Preetam Batra, CA Dhanashree Pathak and over 350 Chartered Accountants members.

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