CAs are financial doctors of our economy: MLA Deshmukh

Source: The Hitavada      Date: 21 Nov 2017 10:01:07


Business Bureau,

Indian economy is growing at a very fast pace and very soon the world will see the progress of the country. In this fast growing economy, chartered accountants (CAs) have to play a very important role. CAs are the real financial doctors of economy, said MLA Sudhakarrao Deshmukh.
He was speaking as a chief guest at the felicitation programme organised by Nagpur Branch of ICAI for members who qualified the examination of certificate course on concurrent audit of banks as well as certificate course on forensic accounting and fraud detection.

He said, it is heartening to see that a person even after becoming chartered accountant continuous further education and try to grab more and more knowledge. He said, “The financial crimes are increasing day by day. Under such circumstances, it is important that thorough investigation should be done and the culprits should be identified and the funds should be traced. Here, role of chartered accountants who are nowadays working as forensic experts have to play an important role. Chartered Accountants do play an important role as a concurrent auditor of banks as wells as companies. I strongly suggest that services of chartered accountants should be taken by various Government departments for timely identification of problems as well as take the services for improvement of the internal systems as well.”

Concurrent auditor who actually works as an internal auditor should cover all the aspects and act as complete solution provider.
“There will be huge opportunity for chartered accountants in this sector. As far as GST is concerned, all the problems being faced are temporary issues and very soon it will all be resolved. This will prove to be one of the most successful taxation reforms in this country,” he claimed.

Earlier, CA Julfesh Shah, Member of PR and CSR Committee of ICAI, New Delhi who was guest of honour said, a person should always be a student and always be eager in learning new things. Learning should be process and should never stop.

He said, the specialised courses which ICAI offer are one of the best courses which have been designed for providing the best output in professional service.
“The numerous certificate courses are designed by the experts and branches should conduct more and more such courses which will be beneficial for the professionals of not only Nagpur but of Central India,” he suggested. He appreciated the activities being conducted at Nagpur Branch of ICAI for the members and students.

CA Abhijit Kelkar, Regional Council Member said, “These certificate courses are necessary to understand the latest developments and also to have a grip on the subjects related to this important assignment. Banks have also realised the importance of these courses and due to this, these certificates are made compulsory for getting empanelled with banks for the related work.”

CA. Sandeep Jotwani, Chairman of Nagpur Branch of ICAI, in his welcome address congratulated all the members who had qualified in certificate courses. He said, becoming a chartered accountant is not the end but a beginning. More than 15 certificate courses are designed by the Institute covering multiple areas related to the profession,” he added. Past Chairman of Branch CA Swapnil Ghate co-ordinated the programme and CA Suren Duragkar, Secretary proposed the vote of thanks.
Present were CA Jitendra Saglani, A. Surjit Singh Bhasin, CA Nitin Sachdeva and others.