From The President

Adios 2024!

The landmark calendar year of 2024 has come to a close, marking the 75^th anniversary of our esteemed Society. This year has been an opportunity to express gratitude and recognise the numerous contributions made by our Society over the past several decades. It also served to reinforce our commitment and dedication to our Society’s mission for our shared future. The year commenced with the landmark ReImagine mega-conference and concluded on a high note with India’s inaugural CAthon — a marathon run for Chartered Accountants, which attracted over 1600 participants in support of noble causes. On behalf of the entire BCAS team, I would like to extend my heartfelt thanks to all our members and well-wishers for their unwavering support for the various BCAS initiatives throughout the year.

The beginning of a brand-new year is always a good spot to pause and reflect on the year gone by, as well as expectations from the new year. Whilst 2024 gave us new governments at the centre and the state, closer home, the new council of our Institute of Chartered Accountants (‘ICAI’) is also set to get started soon. In this backdrop, we discuss some trends affecting our profession that can seemingly unfold (or accelerate) as we glide into the new year:

i. Evolving Assurance Regulatory Landscape: In 2024, Ind