CA. Pramod R Hegde
9986261250
pramod@mail.ca.in
I trust this message finds
you well and thriving. As we move forward into the month, it's a time to
reflect on our achievements, embrace ongoing endeavours, and anticipate the
challenges and opportunities that lie ahead.
This past month, we were honoured
to host the CA Women's Conference, a landmark event that underscored the
invaluable contributions and growing influence of women in the field of Chartered
Accountancy. With an impressive line-up of Speakers and sessions tailored to
inspire and empower, the conference drew participation from a wide spectrum of
our membership. I am immensely proud of the dialogue and connections fostered
during this event, showcasing the strength and diversity of our profession. My
heartfelt congratulations and thanks to everyone who played a part in
orchestrating this monumental success.
With the bank audit season
upon us, it's crucial to gear up and approach this period with diligence and
preparedness. Bank audits are distinctive in their complexity and the depth of
understanding required to navigate them effectively. Below are essential
strategies and considerations to ensure a successful audit season:
Stay informed about the
latest from the RBI, our own institute, and other regulatory bodies to ensure
compliance and excellence in your audits.
Focus on the bank's risk
management strategies and the accurate identification and classification of
NPAs.
Leverage advanced auditing
tools and techniques to enhance the efficiency and effectiveness of your
audits.
Assess the bank's
cybersecurity measures and IT infrastructure critically to ensure robust
protections are in place.
The most important part “Professional
Skepticism” Maintain an inquisitive and questioning approach throughout your
audit processes to uncover and address potential discrepancies.
Engage with peers, attend
workshops, and participate in discussions to share knowledge and experiences
that enrich our professional community.
The bank audit season
challenges us to apply our skills and knowledge rigorously, upholding the high
standards of our profession.
As we progress through the
year, our commitment to fostering innovation and professional excellence
continues to guide our endeavors. In the coming pages, you will find detailed
insights into a variety of initiatives and events that the Institute of
Chartered Accountants of India (ICAI) has in store. Among these, one
particularly exciting event stands out, promising to be a cornerstone of
innovation and networking for India's rapidly growing startup ecosystem.
We are thrilled to
announce the ICAI Startup Sphere 2024, an extraordinary event that underscores
our dedication to nurturing the creative and entrepreneurial spirit within
India's startup community. This initiative is a collaboration between the
Development of International Trade, Services & WTO Directorate and the
Committee on MSME & Start-up, ICAI. It is our pleasure to host this event
at the Bengaluru Branch (SIRC), taking place from 27th to 29th June 2024 at the
iconic Karnataka Trade Promotion Organization (KTPO), Bengaluru, India, from
10:00 AM to 06:00 PM.
ICAI Startup Sphere 2024
is designed to be a transformative experience for attendees, featuring a
dynamic blend of investor presentations, mentoring sessions, networking
opportunities, and insightful discussions. The event will showcase carefully
curated pavilions, each focusing on diverse themes critical to startup success,
including technology, scaling & growth strategies, Startup Master Class
sessions, investor pitches, exhibitions, Startup Tank, and much more.
This gathering is
anticipated to attract a wide range of participants, including startups,
investors, industry experts, and aspiring entrepreneurs. It aims to delve into
essential topics such as policy frameworks, technological advancements, market
access, and investment prospects. Our goal is to foster India's growth as a
global hub for startups, facilitating connections between local and
international stakeholders.
We invite you to join us
on this enriching journey, where you can engage in meaningful conversations,
seek guidance, and explore funding opportunities. This premier event promises
not only to connect you with key players in the startup ecosystem but also to
inspire and propel your ventures to new heights. Further details about this
event are available on our website.
Special Announcement for Bengaluru Branch
Members
The Bengaluru Branch
(SIRC) is pleased to announce the Annual Membership for our Regular Offline
Study Circle Meetings, conducted on Wednesdays for Structured 2/3 hrs. CPE
Meetings. This initiative aims to facilitate CPE learning activities and foster
the exchange of professional knowledge among the members of the Branch. Members
can avail of this annual membership for the period April 2024 to 31st December
2024. Adhering to the CPE Guidelines, a Two/ three-hour CPE Credit will be
awarded exclusively to members who have signed and attended the program on the
specified dates/events. For more information on how to avail of this membership,
please visit our website, the last date to avail of this annual membership is
30th April 2024.
I encourage every one of
you to actively participate in these upcoming opportunities. Your involvement
is invaluable to the vibrancy and success of our branch. Let us leverage these
platforms for learning, growth, and professional development.
I am incredibly thankful
for your continued dedication and enthusiasm. Your contributions not only
enhance our profession but also positively impact our community. As we move
forward, let us maintain our commitment to excellence, integrity, and
collaboration.
May this month bring you
professional growth, meaningful connections, and opportunities to excel.
Together, we will navigate the challenges and seize the opportunities that lie
ahead, strengthening our profession and our community.
Warmest regards,
CA. Pramod R Hegde
Chairman
Bengaluru
Branch