Karnataka - Bellary   

Chalk out plans for development of society, ICAI branches told

The beginning: Ved Jain (fourth from right), president of the Institute of Chartered Accountants of India, along with other professionals at the foundation stone laying ceremony in Bellary on Wednesday.

BELLARY: President of the Institute of Chartered Accountants of India (ICAI) Ved Jain has said the organisation can play a major role in developing society by sharing professional expertise and help local governments manage their finances.

Speaking after laying the foundation stone for the Bellary branch of the ICAI here on Wednesday, Mr. Jain asked branch offices to continuously interact with leaders and the bureaucracy, and highlight the need for better money management. “The branch offices can chalk out programmes involving the people, non-governmental organisations, industrialists and chambers of commerce for the development of society. It can analyse the Budget andsuggest improvements, so that its purpose is served,” he said. Mr. Jain said ICAI had formed a Public Finance Committee which gave suggestions on Union Budget. Such committees had also been formed in many States, he said.

He appreciated the Bellary branch, which in a span of less than two years of coming into existence had taken steps to start coaching for students, creating a computer lab and got one acre of land for construction of its building. He said Rs. 12.5 lakh had been released to the branch for building construction and added that an equal amount would be given from his discretionary quota.

Mr. Jain said ICAI had decided to introduce classroom coaching for students intending to become chartered accountants, besides taking steps to broadcast such learning programmes on television (Gyan Darshan II) soon.

He said ICAI had come out with a novel project of imparting training to fresh chartered accountants to help develop their communication skills. “It will be a three-month residential course, for which ICAI has a tie-up with the National

Institute for Financial Management. The pilot programme will take off from April 2009. After undergoing training, they will be paid 50 per cent more than what freshers earn,” he said.

He wanted senior chartered accountants to gear up to face advancements in the field of information technology, for which ICAI would instruct branches to organise computer training programmes.

Vice-president of ICAI Uttam Prakash Agarwal, K. Raghu, Rajendra Kumar and K.S. Madhava Murthy were present.

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