ICAI President stresses on two crucial aspects that the Institute is working on



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The President of the Institute of Chartered Accountants of India (ICAI) has highlighted two critical areas of focus for the institute. Firstly, ICAI is actively promoting compliance with existing accounting and sustainability disclosure requirements. Secondly, the institute is working to strengthen the assurance framework, aiming to create a robust link between sustainability risks and corporate financial reporting. These efforts are part of ICAI's broader mission to support nation-building and adapt to evolving professional landscapes.

My Dear Professional Colleagues, Ya Esa Suptesu Jagarti. The Motto of our Institute which has been adopted from the Kathopnishad meansthat person who is awake in those that sleep.Similar to the Bhagwad Gita in many respects, Kathopnishad is a conversation between Yama and Nachiketa where we find Nachiketa very curious to understand soul and divinity. As the National Anthem is respectful to every citizen of India so is the CA Motto to all members of ICAI. In todays fast changing scenario
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FAQ :

The ICAI President highlighted the promotion of compliance with existing accounting and sustainability-related disclosure requirements, and the strengthening of the assurance framework to bridge sustainability risks and corporate financial reporting.

The Sustainability Reporting Standards Board (SRSB) was constituted in February 2020.

The mission of the SRSB is to formulate comprehensive, globally comparable, and understandable standards for measuring and disclosing non-financial information about an entity's progress towards the United Nations Sustainable Development Goals (SDG) 2030.

The Prime Minister acknowledged that Chartered Accountants make an important contribution towards the economic growth of the nation, are responsible for certifying account book entries, preventing malpractices, and ensuring the sound health of economic and financial systems.

The 55th Campus Placement programme was highly successful, with 7312 newly qualified CAs receiving job offers from 173 participating companies.

The ICAI is recognised as a self-regulatory organisation with which social auditors can register, as per the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2022.




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