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ICAI’s National Conference of CA Students held in Coimbatore

ICAI’s National Conference of CA Students held in Coimbatore

ICAI

More than 1000 students from various parts of India pursuing CA (Chartered Accountant program) took part in the Institute of Chartered Accountants of India’s National Conference for Students held in Coimbatore at PSGR Krishnammal College of Arts and Science on Friday.

Organized by ICAI’s Board of Studies and hosted by SIRC & SICASA, Coimbatore Branch, this conference was a two day event with various knowledge sessions and networking sessions that can benefit the students in multiple ways.

CA. Ramaswamy, Past President of ICAI took part as the Chief Guest. CA R.Kesavan, Ex.Director-Finance, Hindusthan Petroleum Corporation Limited was the Guest of Honor.

CA K.Sripriya Kumar, Central Council Member, ICAI, CA Vishnu Adithan, Chairman, Coimbatore Branch- SIRC, CA M.Thangavel, Coimbatore Branch – SICASA, CA Survajith S.Krishnan, Secretary, Coimbatore Branch – SIRC and many others and industry members attended.

Speaking at the event, CA Ramaswamy said that ICAI which celebrated its 76th year of its inception on July 1st, has become the largest accounting body in the world. He said this two-day conference will benefit the students by giving them insights about latest developments taking place in the field of accounts and taxation including incorporation of technology such as Chat GPT and AI.

As of now 10 lakh students pursue CA under ICAI and 40% of the students are women. With the order from SEBI that all listed companies must have a woman director, many opportunities have opened up for girls pursuing CA.

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India’s economy is growing fast, and the number of companies and start-ups are increasing, and many of them are scaling up. Hence the need for CAs will keep increasing. The country has 4 lakh CAs totally at present. However according to a study, India needs 30 lakh CAs in 2047. He added that ICAI is preparing a vision document, and it will introduce lot of reforms in the days ahead with regards to the Course and Technology to help India thrive in its 100th year of Independence as a country with a robust economy.

When asked whether India can create global big -four accounting firms like Deloitte, EY, KPMG, and PwC, he said that it is possible, and India’s talented CAs who are already taking up outsourcing accounting works will certainly scale up to that level. There are works already going on to nurture that aspiration.

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