There is a need to increase awareness on Chartered Accountancy to draw more students to the profession, Chairman of the Southern India Regional Council of the Institute of Chartered Accountants of India P.R. Aruloli has said.
The SIRC is planning to take out a rally with students and members carrying a 66-km-long banner during the Regional Conference scheduled to be held in August at Mahabalipuram.
If steps were not taken to induct new members into the profession, the existing practitioners would be overburdened, he said while speaking at the inaugural of the two-day sub regional conference of the SIRC that got under way here on Friday.
“However, there is no reason to lose hope as many students who topped the Plus-2 examinations in Tamil Nadu have said that they want to become Chartered Accountants and not engineers or doctors. It is difficult to get a seat in B.Com course now,” Mr Aruloli said. The conference was being organised for the benefit of members of the 10 branches of the ICAI in the State. “The 11{+t}{+h}branch is going to be opened in Eluru and it would come up in this year,” Mr Aruloli said.
Noting that the Rajahmundry and Kakinada branches had come together to organise a seminar, he said that such cooperation augured well for the profession.
The conference would discuss developments in the tax field and experts from across India would be delivering lectures on topics like analysis of exemptions and recent changes in service tax, income computation and disclosure standards. SIRC Secretary E. Phalguna Kumar, former SIRC Chairman D. Prasanna Kumar, chairman of the Visakhapatnam Branch N.N.S. Prakasa Rao, secretary D.L.S.V. Ramana Babu, and vice-chairman K. Ramachandra Rao were among others present. RINL Director (Finance) T.V.S. Krishna Kumar was felicitated on the occasion.
If steps are not taken to induct new members into the profession, the existing practitioners will be overburdened.
P.R. Aruloli
Chairman, SIRC of ICAI
