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July 2023

CA Profession and BCAS @ 75

By Dr. CA Mayur B. Nayak, Editor
Reading Time 6 mins
Congratulations to all my esteemed professional colleagues in the Chartered Accountancy profession and members of the Bombay Chartered Accountants’ Society (BCAS) for completing 74 years and entering the 75th year. It is heartening to see the profession, and BCAS grow from strength to strength in these 75 years. We must salute the wisdom of our forefathers for having established the voluntary body of CAs, namely, BCAS, within just five days (i.e., 6th July, 1949) of setting up of the Regulatory Body, ICAI, on 1st July, 1949. BCAS has the unique distinction of being the oldest and also the largest (with over 8500 members pan India) voluntary body of Chartered Accountants in India pursuing academic activities for the benefit of the CA community at this scale and in diverse fields. BCAS has rendered yeoman services to the profession since its inception. Today it is rightly considered as the “think tank and the torch bearer” of the profession. Seventy-five years is a long-time span in the life of an individual, as also for a voluntary body of professionals. The uniqueness of BCAS is the selfless services of its volunteers spread across the country and through generations. It is an amalgam of the wisdom of seniors and the enthusiasm of youth, where a generation nurtures and blossoms talents and then passes on the baton to the next generation. It is a place where the “Profession First” is practised by its commi