I humbly put forward the following points which I strongly feel about to be my core agenda but most importantly I present myself to you as your voice and your representative in the council.
1. Work for providing proper infrastructure for fresh Chartered Accountants.
Presently, Fresh Chartered Accountants who wish to opt for practice have to incur monthly fixed expenses of 40-50K approx per month irrespective of the professional inflows. Institute has a lot of underutilized space within its premises. Why can’t these spaces be allocated to fresh members free of cost with all infrastructure like wi-fi, printer etc, where they can have client meetings. This will save the initial fixed cost of members.
2. Ensure reservation/ preference for CA’s with less than 5 years of experience.
The reservation can be for certification work, Society Audits, Stock/concurrent/expenses Audits of Banks, MCA Audits, and NREGA audits under quality supervision. Such reservation will promote members to come in practice and will also help members to plan their practice and specialization.
3. Introduction of concept of Industrial training
There has to be a change in CA Curriculum and should be made more practical. What is the use of doing audits under article ship for members who wish to go for service in the industry. Instead, the CA course should specifically give an option to the members during last year of article ship to opt for Industrial Training. This will help members to adapt to the corporate culture. The Institute has to play an active role in inviting the big corporate houses to shortlist/ select the articles. Once the Training period is over, the company can absorb the member.
4. Campus placement for both young and experienced Chartered Accountants.
At present, the institute arranges campus placement only for fresh Chartered Accountants. I seriously want to extend this placement program for experienced chartered accountants as well.
5. Work from the home concept for female chartered accountants, who wish to work but due to family commitments, post marriage, are compelled to give up their professional dreams.
6. Minimum recommended fees for professional services should be made mandatory and should not be recommendatory in nature.
7. CA Curriculum to be made more practical.
The CA course should be divided into two parts: Part 1 of 30 months only for members who wish to opt for service and Part 2 of additional 9 months for members who wish to go for practice. The COP should be issued only after the member completes Part 1 and passing the exam of an additional subject, which is to be taught in these nine months. The additional chapter should include Valuation, International Tax, Business Finance, System Audits, Forex/ Treasury management and SAP.
8. Reconnect the members in the industry with the Institute.
9. Online portal for the job vacancy and resume update.
10. Establish a separate dedicated desk for Career Counseling at each branch.
11. Result oriented chase for online Voting in ICAI Elections.
12. Establish Tax Clinic at the branch level to resolve queries from industry experts.
13. Ensure reduction in participation costs of various seminars to increase participation.
14. Recommend CPE hour credits for participation in the meetings, seminars, courses conducted by BCAS/ CTC/ other registered bodies beyond 20 hours.
15. Ensure steps for encouraging professional networking amongst the members.
I know it may be contested that some of the above agenda fall in the ambit of Central Council and not under Regional Council. But friends, you too will appreciate that there has to be someone in Regional Council who can push the Central Council members to work and bring the above changes. I promise you of my constant interaction during my tenure as your representative to take your suggestions/grievances and find reasonable solutions at WIRC level. While it is my earnest desire to meet and greet you in person, you will appreciate that owing to our vast constituency and the time constraint, it may not be feasible logistically. I would, therefore, sincerely request you to treat this communication as my personal appeal to you.
In the end, I hope that no member would waste his franchise and throw away his vote by voting for anyone solely on account of his religious, social or cultural affinity. When I have to choose between voting for the people or common special interests, I always stick with the special Interest. People forget common special interest remain. And with the above background, I request you to kindly support me in this endeavor by casting 1st Preference/Best Preference Vote in my favor.
Thank You!
1. Work for providing proper infrastructure for fresh Chartered Accountants.
Presently, Fresh Chartered Accountants who wish to opt for practice have to incur monthly fixed expenses of 40-50K approx per month irrespective of the professional inflows. Institute has a lot of underutilized space within its premises. Why can’t these spaces be allocated to fresh members free of cost with all infrastructure like wi-fi, printer etc, where they can have client meetings. This will save the initial fixed cost of members.
2. Ensure reservation/ preference for CA’s with less than 5 years of experience.
The reservation can be for certification work, Society Audits, Stock/concurrent/expenses Audits of Banks, MCA Audits, and NREGA audits under quality supervision. Such reservation will promote members to come in practice and will also help members to plan their practice and specialization.
3. Introduction of concept of Industrial training
There has to be a change in CA Curriculum and should be made more practical. What is the use of doing audits under article ship for members who wish to go for service in the industry. Instead, the CA course should specifically give an option to the members during last year of article ship to opt for Industrial Training. This will help members to adapt to the corporate culture. The Institute has to play an active role in inviting the big corporate houses to shortlist/ select the articles. Once the Training period is over, the company can absorb the member.
4. Campus placement for both young and experienced Chartered Accountants.
At present, the institute arranges campus placement only for fresh Chartered Accountants. I seriously want to extend this placement program for experienced chartered accountants as well.
5. Work from the home concept for female chartered accountants, who wish to work but due to family commitments, post marriage, are compelled to give up their professional dreams.
6. Minimum recommended fees for professional services should be made mandatory and should not be recommendatory in nature.
7. CA Curriculum to be made more practical.
The CA course should be divided into two parts: Part 1 of 30 months only for members who wish to opt for service and Part 2 of additional 9 months for members who wish to go for practice. The COP should be issued only after the member completes Part 1 and passing the exam of an additional subject, which is to be taught in these nine months. The additional chapter should include Valuation, International Tax, Business Finance, System Audits, Forex/ Treasury management and SAP.
8. Reconnect the members in the industry with the Institute.
9. Online portal for the job vacancy and resume update.
10. Establish a separate dedicated desk for Career Counseling at each branch.
11. Result oriented chase for online Voting in ICAI Elections.
12. Establish Tax Clinic at the branch level to resolve queries from industry experts.
13. Ensure reduction in participation costs of various seminars to increase participation.
14. Recommend CPE hour credits for participation in the meetings, seminars, courses conducted by BCAS/ CTC/ other registered bodies beyond 20 hours.
15. Ensure steps for encouraging professional networking amongst the members.
I know it may be contested that some of the above agenda fall in the ambit of Central Council and not under Regional Council. But friends, you too will appreciate that there has to be someone in Regional Council who can push the Central Council members to work and bring the above changes. I promise you of my constant interaction during my tenure as your representative to take your suggestions/grievances and find reasonable solutions at WIRC level. While it is my earnest desire to meet and greet you in person, you will appreciate that owing to our vast constituency and the time constraint, it may not be feasible logistically. I would, therefore, sincerely request you to treat this communication as my personal appeal to you.
In the end, I hope that no member would waste his franchise and throw away his vote by voting for anyone solely on account of his religious, social or cultural affinity. When I have to choose between voting for the people or common special interests, I always stick with the special Interest. People forget common special interest remain. And with the above background, I request you to kindly support me in this endeavor by casting 1st Preference/Best Preference Vote in my favor.
Thank You!
