Chairperson's Communique

CA. Divya S
  • Name:

    CA. Divya S

  • Contact:

    9482616469

  • Email Address:

    cadivyaca@gmail.com

Dear Professional Colleagues,


It’s the month of Financial Statements and Audit Reports! We are already in the race of fulfilling our responsibilities and it’s the most exhilarating month for Chartered Accountants – the need of the hour to complete the Tax Audit assignments and submit the Audit Report before due date i.e., 30th September 2023. The emerging trends on accounting happening in the world of technology especially with AI getting closer to us, it is easier and simpler to embrace them. The advancements in technology and digital transformation like Automation, Artificial Intelligence and data analytics necessitate that the profession must equip with the requisite skills to navigate this evolving landscape. It is imperative that Chartered Accountants should keep abreast the advancements and deliver in these new developments and challenges.

A brief about August 2023 programs:

The Two Day Chartered Accountants Conference with the theme “Pragjnana Prayathna” held on 11th & 12th August 2023 at Princess Shrine, Palace Ground hosted by Bengaluru Branch of SIRC of ICAI jointly organized by Belagavi, Ballari, Hubballi, Kalaburgi, Mangaluru & Udupi Branches of SIRC of ICAI stands out as a memorable event and was well appreciated by all the participants for its focus on knowledge enrichment on handpicked topics. More than 1,200 Members participated in the event. I thank the Chief Guest – Mr. M. Murali, Chairman & Managing Director, Shriram Properties and the Guest of Honour – CA. Pannaraj S, Chairman of SIRC of ICAI, Past Presidents of ICAI - CA. B.P. Rao & CA. K. Raghu. Also, I thank CA. Cotha S Srinivas, Central Council Member of ICAI & CA. Geetha A.B, Vice Chairperson of SIRC of ICAI and all the knowledge drivers of this Conference viz. the Speakers, the Managing Committee Members of all branches of Karnataka, the Sponsors, the Delegates, all the Past Chairmen of Bengaluru Branch of SIRC of ICAI, and all Contributors who made this Conference a significant feather-in-the-cap of our tenure.

The Managing Committee Members of Bengaluru Branch hoisted the flag on 15th August on the occasion of 77th Independence Day Celebrations at Vasanthnagar Branch Premises.

Dinner Meet CPE Meeting conducted on 22nd August 2023 for Comments on Exposure Drafts of 7 Standards (SQM1, SQM2, SA 220 (Revised), SA 250 Revised, SA 315 Revised, SA 540 Revised, SRS 4400 Revised. I thank Moderator CA. Vinay K.S and the Panelists – CA. V. Balaji & CA. Sunil Bhumralkar for accepting our Invitation in a short notice period for covering the vast topic was challenging to the Speakers. This interaction was very good, useful and has been appreciated by all the Members in this discussion.

We had a Breakfast Meeting on 19th August 2023 by an expert and eminent Speaker CA. Mohan R Lavi on CHAT GPT for CAs a talk of the world. 95 Members were benefitted from the deliberations therein.

Study Circle Meetings were conducted on 16th, 23rd & 30th August 2023. I thank the Speakers CA. Amithraj N, CS. J. Sundharesan & CA. K.K. Sharath for deliberating their expertise in these meetings.

Campus Orientation Program was organized on 20th August 2023 at our Branch to provide employment opportunities to freshly qualified graduates and looking for prospects in career growth.

The months ahead – September & October 2023

As the tax audit season has already commenced, a One Day Seminar on Tax Audit under Income Tax Act is being organized by Bengaluru Branch of SIRC of ICAI on Saturday, 2nd September 2023 at Branch premises. Expert and experienced Speakers will be addressing on the practical and critical issues at the said Seminar.

One Day Women’s Conference is being organized on 9th September 2023 at Hotel Chancery Pavilion. The details are presented elsewhere in this Newsletter.

Breakfast Meeting on AQMM is being organized on 16th September 2023.

An Interactive CFO’s Meet is being organized under the ageis of the Committee for Members in Industry & Business (CMI & B) of ICAI Hosted by Bengaluru Branch of SIRC of ICAI on 6th October 2023 at Welcome Hotel, ITC Hotels, Next to Hosmat Hospital, Bengaluru.

Breakfast Meeting on NFRA is being organized on 7th October 2023.

One Day Seminar on Search, Survey & Seizure is being organized on 28th October 2023. The details of the above said programs are presented elsewhere in this Newsletter.

Though September is a very busy month for us, it is also a month of Festivals. Let us celebrate Ganesh Chaturthi Festival with all the fervour and spirit. Wish you all very happy festival celebrations.

With warm regards,

 

CA. Divya S

Chairperson

Bengaluru Branch of SIRC of ICAI