Spring's for change. Amarjit Chopra was elected as the President of the Institute of Chartered Accountants of India (ICAI) for 2010-11 while G Ramaswamy was chosen as the new Vice President
Spring's for change. Amarjit Chopra was elected as the President of the Institute of Chartered Accountants of India (ICAI) for 2010-11 while G Ramaswamy was chosen as the new Vice President.
Mr Chopra has more than three decades of standing as a chartered accountant, and during his tenure in the Central Council of the ICAI, he has been the Chairman of the Accounting Standards Board, Auditing and Assurance Standards Board, and Corporate Laws Committee.
He has also been the Chairman of Expert Advisory Committee, Financial Reporting Review Board, Committee on Corporate Governance and Committee on Internal Audit of the Institute.
The ICAI is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India. During its nearly six decades of existence, ICAI has achieved recognition as a premier accounting body, not only in the country but also globally, for its contribution in the fields of education, professional development, maintenance of high accounting, auditing and ethical standards.
It is the second largest professional body of chartered accountants in the world. The number of chartered accounts in the country has grown to 1,61,000 and the student base is 6,20,000-strong.
Meanwhile, newly-elected Vice President G Ramaswamy has been a practising Chartered Accountant since 1984, and has vast experience in the field of taxation, company law matters, company audit, internal audit, bank statutory audit.
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