The city has got the opportunity to host for the first time the annual regional conference of Southern India Regional Council of the Institute of Chartered Accountants of India.
‘Udyati’ – the 45th Annual Conference of SIRC – is being held on the beach front at VUDA Park in the city on December 13 and 14 in a temporary facility that is being readied for the occasion there, chairman SIRC D. Prasanna Kumar told the media here on Wednesday.
Traditionally the conference is conducted at the home town of the chairman of the SIRC and it is being hosted by the city as the present chair is from here, he said. At least 2,000 chartered accountants from South Indian states – Andhra Pradesh, Tamil Nadu, Karnataka, Kerala and Union Territory of Puducherry – are expected to attend as delegates and the Visakhapatnam branch is geared up to cope with the demand, he said. Chairman Indian Overseas Bank M Narendra would inaugurate the conference and be the chief guest and president ICAI Subodh Kumar Agarwal would be delivering the presidential address. The two-day conference would have eight technical sessions apart from sessions by health and nutrition experts, there would also be a session on spirituality, he said. Experts would discuss different aspects of Companies Act 2013, FEMA, Income Tax and auditing.