In an attempt to harness the opportunities and address the challenges of the rapidly changing economic scenario in the next 25 years, the Institute of Chartered Accountants of India (ICAI) is looking at releasing its ‘Vision 2049’ document in January 2024. The vision document will have a detailed roadmap for achieving the goals of the chartered accountancy professionals and its students in the coming years. CA Aniket Talati, President of ICAI, said this on Friday while addressing a press conference held here. He was in the city to attend a seminar of chartered accountants. Talati further said that the ICAI is working hard to give the final shape to the ‘Vision 2049’ document.

 

“We are inviting suggestions from all the stakeholders and incorporating it in the document. Besides, we are also meeting all our council members spread across the country and deciding our long-term plans on various fronts,” he said. Talati said the institute is looking at achieving the position of world’s best accounting body by 2049 when the ICAI will celebrate its centenary. “ICAI will also lay further thrust on its regulatory and developmental role that sets the highest standards of professional and ethical conduct of its members as a core value,” he said.

 

ICAI is also planning to upgrade the skills of its members to make them serve global markets in the changing economic order, he said, highlighting some of the institute’s tie-ups with the similar bodies in countries like UK, Australia and Canada. CA Durgesh Kabra, CCM; CA Mangesh Kinare, CCM; CA Umesh Sharma, CCM; CA Sanjay M Agrawal, Chairperson of Nagpur Branch; CA Akshay Gulhane, Vice Chairman; CA Dinesh Rathi, Secretary; CA Swaroopa Wazalwar, Treasurer; Julfesh former Chairman of WIRC; and others were present on the occasion.