Vision-2021,ICAI

Last updated: 02 August 2007 Follow on Google News

A comprehensive Vision Document titled `ICAI Vision for the 21st Century’ was released in 2002; comprising detailed vision and restructuring business plan for the Institute and the profession keeping 2010 as target year. Since then, the world economy in general, and India in particular, is evolving at a galvanized pace. Further, the role of the Government is also changing from that of a regulator to that of a facilitator, and all regulatory regimes are evolving to become more transparent and convergent with the global standards. The dynamics of the economic environment, technology upgradation and changing profile of the members of the Institute, inter alia, has led to the need for reviewing the document. Accordingly, a Special Purpose Committee has been constituted for bringing out Vision Document 2021. This exercise of revisiting the document `ICAI Vision for the 21st Century’ will be a process of reinvention in the light of changing expectations of stakeholders, challenges of competitive environment and emerging models of civil society. The year 2021 has been selected in tune with the time frame of the transit of Indian economy from developing to developed economy. This exercise is expected to yield vision for leapfrog of Indian CA profession as world leader of the profession as total business solution provider with global insights and strategies. This exercise is highly participative and consultative in nature.And for this fill the online questionaires put forward by the institute and become part of ICAI Vision-2021.

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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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