ICAI celebrates 73rd Annual Function
The Institute of Chartered Accountants of India (ICAI) celebrated its 73rd Annual Function today February 7, 2023. Chief Guest Shri Arjun Ram Meghwal, Honourable Minister of State for Parliamentary Affairs and Culture inaugurated the function in the presence of CA. (Dr.) Debashis Mitra, President, ICAI; CA. Aniket Sunil Talati, Vice-President, ICAI and Central Council Members, ICAI. The function witnessed the presence of more than 1500 members and stakeholders from across the globe.
CA. (Dr.) Jai Kumar Batra, Secretary, ICAI welcomed the Chief Guest and other dignitaries.
Addressing the audience Shri Arjun Ram Meghwal, Honourable Minister of State for Parliamentary Affairs and Culture, said “For the smooth execution of GST in the country ICAI has played a vital role.” He also said that ICAI should also participate enthusiastically in G20 and SCO summits and the efforts of the Chartered Accountancy fraternity in economic development should be showcased at the International platform too. Honourable Minister also praised the “WE CARE” initiative that the Institute had initiated to establish contact and communication with senior members of the profession who are past the age of 75 years for their welfare.
Honourable Minister also added Liberty, Equality, and Fraternity are the three main pillars of our Constitution and Fraternity is a vital aspect. “I am glad that ICAI is very well taking these words meticulously and diligently and have created an esteemed close nit fraternity not only in India but also abroad.”
The Institute has played a key role in making of a robust Indian corporate sector and its glorious prominence on the global horizons. Since its inception, it has emerged as the Regulator and developer of trusted and independent professional world-class competencies in the areas of Accounting, Assurance, Taxation, Finance, Business Advisory Services, and alike.
During the Presidential address CA. (Dr.) Debashis Mitra, President of ICAI stated, “After successfully conducting the World Congress of Accountants we are ready to host G20 and assure that we will put all our efforts to make it a grand success as for us the Nation is always first. ICAI has always worked along the lines of People, Planning, and Profit and we will take forward the legacy forward. Taking lead and with the support of Council Members for the first time we announced the results of the intermediate and finals exams on the same day.” He told that for unified commerce education ICAI is currently working with UGC to become the leading educational body in India.
While delivering a Vote of thanks, CA. Aniket Sunil Talati, Vice-President, ICAI said that we are thankful to the honorable Minister to attend the program and to the President for his continuous support. “We were able to conduct MSME Yatra across 75 cities, Registration in Asia Book of Records for Mega Career Counselling Programmes for students, First ever placement program for women CAs. We will keep working hard and be thankful to everyone for their support,” said CA. Aniket Sunil Talati.
The Institute has recently started the “ICAI Call Sahayata” initiative to resolve the queries of students, members, and stakeholders from across the globe and has already settled more than 75,000 queries.
During the function, awards were distributed to Rank Holders of CA Examinations under various categories. Regional Council, Branches & Overseas Chapters of ICAI were also awarded under various categories.
The Institute of Chartered Accountants of India (ICAI) was established by an Act of Parliament in 1949 to regulate the accounting profession in India. With a glorious track record of over 7 decades, it has been rendering and administering an internationally benchmarked qualification. It is simultaneously setting benchmarks of academic excellence, grooming accounting professionals, and empowering the nation while harmonizing the financial reporting framework with global practices and fast-tracking accounting reforms as a dynamic Partner in Nation building. With over 3.60 lakh members and more than 7.80 lakh students, it is the second-largest professional accounting body in the world, with a strong tradition of service to the nation. Through its 5 Regional Council, 167 Branches, 44 Overseas Chapters & 34 Representative Offices, the Institute has a vast presence globally.