Chairman's Communique October - 2014

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Chairman's Communique . . .

 

Dear Professional Colleagues,

After a long hiatus when we were busy with Tax Audit in the busy month of September and so many other things, now the time has come to be actively involved in the activities of the branch to enhance our professional skills.

We are delighted to know that Sri. Narendra Modiji, Hon'ble Prime Minister of our great Nation has launched the ambitious branding campaign “Make in India” on 25thSeptember at New Delhi to make India a manufacturing hub.  Our beloved Prime Minister Modiji mentioned that, FDI means First Develop India. As we CAs are considered as partners in Nation Building, on behalf of Bangalore Branch, I appeal all our Members to actively involve ourselves in 'Make in India' Campaign to materialise the dream of our Prime Minister and make our incredible India a developed Nation.

145th Birth anniversary of Mahatma Gandhiji falls on 2nd Oct and when October comes, we Indians always recollect his good words and good deeds. He sacrificed his entire life to save our great incredible India from the clutches of Britishers and made an independent India in the year 1947. Hence as a mark of respect to our Father of nation, let us celebrate Gandhi Jayanthi on 2nd October.

At the same time our Hon'ble PM Modiji said that, he would launch Swachh Bharat, the clean India drive on 2nd October which, we can say a real tribute to Gandhiji. Our PM also appealed every citizen of this great country to devote 100 hours every year towards materialising the dream of CLEAN INDIA Mission and has requested to spread the message. Hence I sincerely request our professional friends to participate in large numbers in CLEAN INDIA MISSION.

In the midst of our busy work on Tax Audit, end of September was a historic & proud moment because of the successful launch of MANGALYAAN. India is the 4th Country to send a satellite to Mars but remember we are the only country succeeded in the very first attempt. Hope this expedition will reveal more information of the Mars and will explore new frontiers in space science. We must congratulate the entire team of Scientists of ISRO for the remarkable achievement.

Infact those individuals and organisations will succeed who have mastered the art of continuous learning and comprehend the rapid changes in the most professional way. Hence after this busy month of September we have to hone our professional skills. Keeping this in mind, we have organised a series of fruitful programs which pave way to sharpen our professional skills to sustain the quality of our prestigious profession.

Month to remember Sept 2014

Awareness programme on Financial Reporting Practices on 6th September was very well received by the Members. With the guidance of CA Nilesh Vikamsey, FRRB Chairman ICAI,  CA BP Rao our past President  Workshop Chairman & CA K Gururaj Acharya the Co-ordinator of the Workshop, we could conduct the programme successfully.

There was an overwhelming response for the one day Workshop on Tax Audit on 13th September. As there are lot of changes in Form 3CA, 3CB 3CD, many members contacted the Branch to organise a Workshop on Tax Audit as per the guidelines issued by ICAI.  CA G Sekhar, Central Council Member and DTC Chairman, ICAI, was the Chief Guest of this programme and his inspiring and informative inaugural address was very well received by the delegates.

Apart from the above programmes regular study circle meetings were conducted and inspite of September, the busy month response for study circle meet was also good.

The month ahead – A few important programmes

An Awareness Programme on Advantages of LLP Over Pvt Ltd, Companies. We place on record the patronage extended by CA Venkatesh Babu past chairman of the branch who has taken initiative to organise programme with the office of the ROC.  Shri M. R Bhat ROC Will be addressing the Members for the said Programme.

Two Day National Conference on Companies Act is being organised by committee for corporate laws and corporate Governance of ICAI under the able guidance of CA Santhana Krishnan and being hosted by Bangalore Branch on 17th& 18th October to equip and enlighten the members of our profession on the salient features of New Companies Act.

Second Residential Seminar on International Taxation is being organised by International taxation committee of SIRC of the ICAI from 31st October to 2nd November 2014. Experts  and outstanding speakers are invited and members are requested to actively participate in this special event.

National Conference on International Taxation : To acquire necessary skills and to develop domain expertise by way of active participation and deliberations, the said programme is being organised by the committee for International Taxation, ICAI. Thanks to CA Nihar N Jambusaria the Chairman of the committee and CA Gurunath Kanathur the co-ordinator for having assisted Bangalore Branch to host this special event.

CMII has planned to organise CFO Meet at Bangalore on 14th Nov 2014 at Bangalore.

Here comes Jnana Sangama- A confluence of Knowledge, the Two day CPE conference, which is an annual feature of the Branch on 15th& 16th Nov 2014. We have invited renowned and distinguished celebrities and successful professionals from across the country to address the gathering on current topics of professional interest. Members are requested to make use of this opportunity and derive maximum benefit by attending this mega event. Details are published elsewhere in the newsletter.

October is the month of festivities and Dasara is round the corner in Karnataka. On behalf of my colleagues in the Managing committee I wish you all a very Happy Dasara and Happy Diwali.

With Best Wishes,

CA. Babu K Thevar

Chairman