• JUser: :_load: Unable to load user with ID: 228

Chairman's Communique March-2018




Chairman's Communique . . .

Dear Colleagues,

Through this newsletter, I express my sincere gratitude to all of you for electing me to the Managing Committee (2013-16 and 2016-19) and eventually choosing me to lead the Bangalore Branch of ICAI as the Chairman for the term 2018-19.

I enter into my sixth year at the Committee, where I have previously served for the cause of the profession in all the capacities – as the SICASA Chairman, the Treasurer, the Secretary, the Vice Chairman, and now as the Chairman and incidentally the Youngest Chairman of the Largest Branch of ICAI. The tag indeed puts a lot of expectations on me and my team and I am sure we will cope up to the anticipations and deliver to the best of such expectations with your support and blessings.

The office bearers for term 2018-19 comprise of 

CA Shravan Guduthur - Chairman

CA Shivram Bhat Shankar – Vice Chairman

CA Raveendra S Kore – Secretary

CA BT Shetty – Treasurer

Initiatives implemented in February 2018 –

  1. Job Portal – To bridge the gap existing between the students looking for articleship / paid assistant jobs and CA firms looking for enrolling articles for training, Bangalore Branch has launched a job portal, which can be accessed at This service is being offered to CAs as well who are looking for a job. Interested members / firms are required to create an account and post the necessary job details to attract the required talent, and similarly students are required to update their skills and profile post creating an account. This portal is made available to all Branches of ICAI in Karnataka. I request members to pass on suggestions to make the experience and utility of this portal better.
  2. Recording Room – There is little doubt that we are currently living in the age of technology. With ever evolving technology at our fingertips, and logistics problem booming, it is imperative that we adopt the benefits of the same in knowledge dissemination to students and members. Bangalore Branch has inaugurated the Recording Room at its Vasanthnagar premises with the intention of using the same for recording lectures and webcasting them on our website for the benefit of the large population of CA students and members.

We have planned a couple of major programmes during the month of March 2018 including a first of its kind 2-Day UAE VAT Conference under the aegis of IDT Committee, ICAI. Two Seminars on Bank Branch Audit – one for members and one for students is being organised on two different dates. The details of the programmes are mentioned elsewhere in this newsletter. Members and students are requested to attend the same. Online registrations are available at

A total of 50 hours of ‘Vitamin K’ rich programmes were conducted in the month of February 2018. A host of members benefitted from the 2 day clause by clause discussion and Annual Regional Residential Course on Audit, Accounts & Company Law organised by SIRC and hosted by Bangalore Branch. The two day weekend Training Programme on GST for Accounts Executives of CA Firms & Corporate was yet another impactful programme.

I would like to place on record my huge appreciation to the outgoing chairperson, CA Geetha Adhyam, for making a mark in the branch not only as the first woman chairman but also for planning and meticulously delivering her action plan for the term 2017-18 successfully. My congratulations to CA Cotha Srinivas, who completed a commendable tenure at SIRC of ICAI as its Chairman. I wish both of them all the very best for their future endeavours.

I would like to congratulate CA Naveen ND Gupta who has occupied as the President of ICAI and CA Prafulla Premsukh Chhajed for being elected as the Vice President of ICAI. I am happy to note that CA Madhukar Hiregange has been nominated as the Chairman of Indirect Taxes Committee of ICAI. Let me also congratulate the new SIRC chairman CA Adusumilli Venkateshwara Rao and his entire new team at SIRC for a vibrant 2018-19. Karnataka is glad to have CA Babu K Thevar elected as the Treasurer of SIRC and CA Panna Raj as the Chairman of SICASA. CA Srinivasa T has been nominated as the Chairman of SICASA, Bangalore.

Talking about the recent undesired and untoward rough patch that our profession has gone through, I strongly believe that ICAI and its members stand for integrity and are the true beholders of trust that makes the fabric of our nation’s financial system stronger. Let us all continue to play the ever significant role, as always, for the betterment of the nation and help it move in the right direction.

To conclude, I am confident that the term 2018-19, with all your support, would be yet another eventful and enjoyable term. For any suggestions and comments, please note that I am just an email away.



CA Shravan Guduthur