Chairman's Communique . . .

Dear Professional Colleagues,

I hereby take this opportunity to greet you all on the occasion of Chartered Accountants' Day, which is being celebrated on the First day of July as the Foundation Day of ICAI, established in the year 1949.

The month to remember – June 2014

Apart from the Study Circle Meetings, as a regular feature of the branch, the two day Karnataka State Level CAs' Conference – “Jnana Vistara – Extending the horizon…” was held on 21st& 22nd June 2014 at NIMHANS Convention Centre, Bangalore, wherein around 1100 members actively participated. The conference was a grand success, I appreciate and thank my colleagues in the Managing Committee, for their unstinted support.

I also profusely thank CA. I. S. Prasad, the efficient Co-ordinator of the Conference for his guidance and support for the conduct of this mega event. The learned speakers with their very rich experience made this event a real knowledge feast with their educative presentation. It is my bounden duty to express my profound gratitude to Chairmen & Committee Members of all the Branches of ICAI in Karnataka, the sponsors and those who have directly and indirectly supported us to make the event a resounding success.

Residential Refresher Course at Goa on 6th, 7th & 8th June was a successful event which not just had sessions targeted at knowledge up-gradation but was also clubbed with activities for rejuvenating the energy of the participating members and their families.

National Seminar on Mergers & Acquisitions organised by Bangalore Branch on 14th June was also very well received by the members. I profusely thank the young & enthusiastic Co-ordinator and Managing Committee Member, CA. Shivaram S. Bhat for having put in all efforts to organise the programme and made it a grand success.

I am very happy to inform that the initiative taken by the branch to conduct Study Circle Meetings in different places – 26th June at Indiranagar was also encouraging where in nearly 125 participants attended. Hearty thanks to the Co-ordinator CA. Srikrishna Subramaniam.

Upcoming important events:

Union Budget Analysis:

After the announcement of Union Budget, as a public awareness programme every year we used to conduct Analysis of Union Budget with the guidance of the Moderators CA. Mohandas Pai and CA. Padamchand Khincha H. This year also the said analysis programme will be conducted on 11th July at Christ University Auditorium, Hosur Road, Bangalore. Details will reach you very soon by email and will be updated in website.

Clause by Clause discussion on Finance Bill 2014:

This programme will be conducted on 18th July 2014 at Jnana Jyothi Convention Centre and our renowned resource persons will be participating in the discussion.

National Conference on Recent Developments Impacting the Corporate Sector

As knowledge updation is inevitable to be a successful professional, One Day National Conference on “Recent Developments Impacting the Corporate Sector” is being organised by CMII and hosted by our Bangalore Branch on 19th July at Hotel Le-Meridien, the details of which have been published elsewhere in the newsletter.

Grateful Acknowledgment :

On behalf of the Bangalore Branch of SIRC of ICAI, let me wholeheartedly thank CA. Sundaresha, our Sr. Member, Proprietor Sundaresh & Co., for his kind gesture who has come forward to contribute Rs.20 lakhs to establish a reading room for the students pursuing CA course, at Bangalore South. He has proved to be an example for all of us for selfless service.

In the ensuing month - July 2014, we have planned only a few programs as majority of the CAs in practice will be very busy with time bound yearly returns under IT Act for their clients.

On behalf of my colleagues in the Managing Committee, once again I wish you all a very happy & fulfilling CA Day.

Wish you all the best !

Best Regards,

CA. Babu K Thevar

Chairman