ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

India's first woman ca

CS RAJESH C.CHOUDHARY (ASSISTANT MANAGER) (14597 Points)

16 August 2012  

 Remembering India's first woman CA

R. Sivakumar

 
R. Sivabhogam (1907-1966)

The year, 1930. Fresh after the release from Vellore prison, a 23-year-old wondered what the future held for her. Her mind was full of patriotic feelings but her family compulsions were different. She boards a train to Taliparramba, a remote place in Kerala, where her eldest sister lived. The issue before Sivabhogam was whether to get married, sacrifice her personal life to fight for the country's freedom, or pursue a career.

A difficult proposition indeed for a person who was already a graduate and jailed for participating in the Civil Disobedience movement. These two aspects themselves were sufficient for marriage proposals to be rejected those days. One proposal was rejected on the ground that she was physically challenged. This upset her.

Her dilemma was compounded by the powerful words Swami Vivekananda she had read while in prison: "Faith in Yourself". She held discussions with her sister and with her mentor, the legendary Sister Subbalakshmi, and finally took the bold decision of pursuing a career in accounting, primarily dominated by men at that time.

People around her were surprised and advised her against the decision, as the general feeling was that it is a tough exam and very difficult to pass (a situation no different even today). However, she stuck to her decision and with the able support of her sister created history. R. Sivabhogam became the first woman chartered accountant of India.

After passing the examination, yet another person helped her — was C. S. Sastri, who took her on as an apprentice. After completing training, she took on the British again — this time it was a different fight. She filed a writ petition to squash the then prevailing law, that is, those who have undergone imprisonment cannot register for practice. She won the appeal and started practice.

Sivabhogam later became the Chairperson of the Southern India Regional Council (SIRC) of the Institute of Chartered Accountants of India (the then Madras Council). She is the only woman so far to have held this position, that too for a continuous period of three years. Sivabhogam practised for almost three decades.

During her chairmanship, the SIRC had a galaxy of freedom-fighters, patriots and eminent scholars as chief guests for its Annual General Meetings. Notable among them are Dr S. Radhakrishnan, Sir C. P. Ramasamy Iyer, A. S. P. Iyer, Chakravarthy C. Rajagopalachariar, C. Subramaniam and K. Santhanam.

During her practice of over three decades, Sivabhogam carried out a number of audits. Her forte was Reserve Bank of India audit, in which she was an authority. However, her mind was more on conducting audits of charitable institutions. She concentrated on the same in the last three years of her life.

She also motivated quite a few youngsters to take up the chartered accountancy course, and provided coaching classes by putting together an erudite faculty. She was keen that girls join the CA course and instituted a prize for the best women candidate in the Final examination.

From the formation of the ICAI in 1949 till 1990, of the 15,173 members, the number of women CAs in the southern region was a mere 525 (3.4 per cent).

However, in the last 15 years, there has been a steady growth. Of the 18,954 members during this period, 3,754 (20 per cent) were women. At this rate, half the number of CAs in the next three decades will be women.

A true patriot, Sivabhogam wore khadi through out her life and travelled only by bus. Sivabhogam died on June 14, 1966. It is indeed a befitting tribute to her that her centenary year is being celebrated by the SIRC of the ICAI. An endowment in her name is being created for awarding scholarships to economically weak women students desirous of pursuing the CA course.

 

Regards,

RAJESH CHOUDHARY

 

 
 


 40 Replies


(Guest)

very inspiring .., Thanks for sharing...

1 Like

Hardik Dave (IPCC and CS Professional(FINAL) Student)   (15528 Points)
Replied 16 August 2012

Realy great.smile. Thanku for sharing.

C.A SUVAJIT SAHU (CA ( In Practice )) (703 Points)
Replied 16 August 2012

nice informations ....keep sharing...

CA. Subhash Dangi (Chartered Accountant) (1784 Points)
Replied 16 August 2012

Nice to hear such wonderful information, knowledge and sharing.

Shikha (CA) (21 Points)
Replied 16 August 2012

Thanks.......very inspirational..

Hemant Kumar (Accounts Manager MBA (Fin) CMA*)   (6450 Points)
Replied 16 August 2012

Thanks for Sharing..

1 Like

CA Anushree jain (CA) (1526 Points)
Replied 16 August 2012

woww

i never thought about it

thanks for sharing

Vandana Mulchandani (Finance Manager ) (9227 Points)
Replied 16 August 2012

Very inspiring and motivating...Thank you for sharing.

CA CWA CS MBAYashoda Meenawala (DGM ( Fin )with a BIG MNC)   (130 Points)
Replied 16 August 2012

Well done Madam, You are an Inspiration for we women in India & world over

preeti (asst.cs) (34 Points)
Replied 16 August 2012

Very Inspirational ............. thanxs for sharing

 

mrudula (CA FINAL) (57 Points)
Replied 16 August 2012

Thanks for sharing.........................................

Devika.P (Student) (57 Points)
Replied 16 August 2012

Very inspiring. Thanks for sharing.

CA PRAVEEN SINGH (MANAGER ACCOUNTS) (2277 Points)
Replied 16 August 2012

Originally posted by : Vandana Mulchandani

Very inspiring and motivating...Thank you for sharing.

 

VERY GOOD...

chandu (student) (1051 Points)
Replied 16 August 2012

very inspiring .., Thanks for sharing...


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  





Subscribe to the latest topics :
Search Forum:

Trending Tags