Dear Members,

Dhanyavaada for blessing and gracing SAMVAADA! 

My wholehearted gratitude goes out to everyone who attended and made the  event meaningful. SAMVAADA was a  roaring success, bringing together  over 1,800 delegates, 40+ speakers, and nearly 60 sponsors.

The Hon’ble Chief Minister of Karnataka, Shri D. K. Shivakumar, graced the inaugural as the Chief Guest, while CA Rostow Ravanan, former CEO of Mindtree, was the Guest of Honour. We were also privileged by the presence of Shri Priyank Kharge, Minister of Karnataka, and Shri Ponnanna, Political Secretary to the Government of Karnataka.

The Hon’ble Chief Minister appreciated the significant contribution of the CA community to the state and acknowledged our role in making Karnataka the second-largest tax revenue-generating state in the country. He sought ICAI’s advice on managing the state’s finances and implementing various schemes effectively. His recognition of Chartered Accountants as custodians of trust and his statement that “the nation is proud of CAs” were particularly gratifying. We are also happy that he assured us that he would renew the lease for our Vasanthanagar premises.

Three Past Presidents of ICAI, CA K. Raghu, CA (Dr.) Debashis Mitra and CA Aniket Talati, shared their perspectives on how our profession must prepare itself for changing times and contribute to India’s march towards becoming an economic leader.

SAMVAADA concluded on a high note with an enthralling cultural evening. Legendary actor
Dr. Shivarajkumar captivated our members and their families with an energetic dance performance and song.

August also saw vibrant celebrations for the 80th Independence Day at the Branch. Around 200 members and students gathered for the flag hoisting, followed by inspiring patriotic skits and dance performances by our students. Detailed updates on other activities conducted throughout the month are available in the Newsletter.

The details of the other activities conducted at the Branch during August are also provided in this Newsletter.

As we move into the audit season, I am sure many of you are already preparing for the deadlines and deliverables ahead. The Branch is conducting study circle meetings on topics that will be particularly relevant for this audit season, and I encourage you to make the most of these learning opportunities.

Recognising that the expectations from auditors are increasing in a constantly changing professional and regulatory environment, the Auditing and Assurance Standards Board (AASB) of ICAI has constituted an Expert Panel to provide technical support to members on auditing-related queries during the forthcoming audit season. Members with specific queries may write to auditfaq@icai.in. The panel will remain operational until 30th September 2026.

As we approach the most demanding period of our professional calendar, I would like to share one thought.

Deadlines matter. Deliverables matter. Our allegiance to our clients matters. But none of them should come at the cost of our health.

Let us plan for the audit season instead of reacting to it. Schedule your work, delegate when possible, take breaks, get enough rest, and make time for family and yourself. A healthy professional is more alert, balanced, and better equipped to exercise the judgment our profession requires.

Audit seasons and due dates will come and go, but there is no revised due date for health.

As you strive for excellence in your profession, please remember to prioritize your well-being as well.

As the saying goes: “Take care of your body. It’s the only place you have to live.”

Wishing each one of you a successful, meaningful and most importantly, healthy audit season.

Yours in service,

CA Kavitha Paramesh
Chairperson 2026-27