CA (Dr.) Debashis Mitra has taken office as the 70th President of The Institute of Chartered Accountants of India (ICAI). In his inaugural address, he expressed his honour and commitment to serving the institute and the nation. He highlighted key focus areas for his tenure, including promoting the profession's role in nation-building, embracing digital advancements, and continuing initiatives like financial literacy and support for MSMEs.
My Dear Professional Colleagues,
Today while communicating with you for the first time through these pages, I consider it an absolute honour and pride to serve my beloved institute as the 70th President of The Institute of Chartered Accountants of India (ICAI), joining the league of leaders and working towards the development of our nation and profession. The mantle of the presidency is a prestigious opportunity accorded to me to serve the highest office of my alma mater and to work with all
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FAQ :
The new President of ICAI is CA (Dr.) Debashis Mitra, serving as the 70th President of the institute.
Key priorities include promoting the profession's role in nation-building, fostering excellence, independence, and integrity, advancing financial and tax literacy, supporting MSMEs and start-ups, and aligning with the digital economy.
The Action Plan 2022-23 outlines the primary focus areas for the current year, divided into three segments: core virtues and principles, existing endeavours to be carried forward, and new initiatives for focused dedication.
ICAI has extended a 75% waiver on registration course fees for students from Jammu & Kashmir, Ladakh, North-Eastern States, and Andaman & Nicobar Islands until March 31, 2025.
The ICAI has mandated a Peer Review mechanism for certain categories of firms rendering assurance services to specific classes of entities, starting from April 1, 2022, to enhance audit quality.
ICAI will be hosting the World Congress of Accountants 2022, described as the 'Olympics of Accountancy Profession'.