ICAI: 21st World Congress of Accountants becomes a knowledge powerhouse



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The 21st World Congress of Accountants has concluded, transforming into a significant hub for knowledge exchange. Key discussions revolved around technology, innovation, entrepreneurship, wealth creation, taxation, and sustainability. Industry leaders and thought leaders shared insights on economic growth, the startup ecosystem, and the evolving role of accountants. Special sessions featured discussions on balancing business and nature, enhancing the startup ecosystem, and navigating global economic recovery.

The Institute of Chartered Accountants of India 20th November, 2022 The 21st World Congress of Accountants becomes a knowledge powerhouse with discussions being held on Technology, Innovation, Entrepreneurship, Wealth Creation, Taxation The 3rd Day of the World Congress of Accountants i.e
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The main topics included Technology, Innovation, Entrepreneurship, Wealth Creation, Taxation, and Sustainability. Discussions also touched upon the startup ecosystem and global economic recovery.

Notable speakers included Mr. Sridhar Vembu, CEO of Zoho Corporation; CA. Suresh Prabhu, Former Union Minister; CA. Dilip B. Desai, Chairman of DHC International; Shri Piyush Goyal, Hon'ble Union Minister of Commerce & Industry; CA. (Dr.) Debashis Mitra, President of ICAI; and CA. Aniket S. Talati, Vice-President of ICAI.

It was highlighted that India's startup industry ranks third globally and can grow further with a strong ecosystem, similar to Silicon Valley. The importance of vetting ideas and providing solutions to reduce failure rates for startups was also emphasised.

The vision shared was to make India a 'Developed Nation' by 2047, aligning with the G20 presidency theme of 'One Earth, One Family, One Future' (Vasudhaiva Kutumbakam).

Accountants are seen as potential leaders for change, possessing the educational skills and deep understanding required to navigate complex economic situations and drive growth, particularly within the startup ecosystem.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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