Risk & Rewards of Practice – A Guide for New and Young CAs in Practice, 23rd January 2013, at the Indian Merchants’ ChamberMr. Nilesh S. Vikamsey, Chartered Accountant, presented an informative analysis of Risks & Rewards of Practice and covered the following areas:
• Present scenario of CAs in practice and in the industry along with relative advantages and disadvantages
• Traditional and emerging areas of practice
• Major challenges in practice: Economic, Regulatory, Technological, Human Resources and Personal
• Strategies and thought process for practice: specialisation, positioning, right sizing,
• Problems of remuneration/fees and how to overcome the same.
• Clients’ rating/profiling
• Requisites of successful practice
• Growth strategies through networking, merger and demerger, practice in corporate form.
The audience included many young and newly qualified Chartered Accountants who benefitted tremendously. The webcast of the meeting is made available on BCAS Web TV to the subscribers.
Future without Fear, 11the February 2013, at the Rama Watumall Auditorium, K.C College under the auspices of Amita Memorial Trust
At this 17th Lecture Meeting organised under the auspices of Amita Memorial Trust jointly with the Chamber of Tax Consultants, Sister Bramha Kumari Shivani addressed the overflowing audience about why and how we should not fear about future and how to better equip ourselves to face the future without fear by doing good deeds.
Noted film actor Mr. Suresh Oberoi also addressed the audience and narrated his own life transforming experience. Shri Pradeep Shah welcomed the learned speaker and refreshed his daughter Amita’s memories. Ms. Nandita Parekh expressed a very well deserved vote of thanks and heartfelt gratitude to Sister Shivani. The webcast of the meeting is made available free on BCAS Web TV for everyone.
Recent Developments in SEBI Regulations, 6th February 2013, at the Indian Merchants’ Chambers
Mr. Somasekhar Sundareshan, Advocate, presented a masterly analysis of recent developments in SEBI Regulations such as draft Scheme of Arrangement involving listed company to require SEBI’s approval, investment by the Employee Welfare Trusts, SEBI’s new reporting requirement to monitor audit qualifications and revised consent settlement norms among others. The webcast of the meeting is made available on BCAS Web TV for subscribers.
Other Programmes
Seminar on Transfer Pricing, 19th January 2013, at the Indian Merchants’ Chamber
The International Taxation Committee organised this Seminar where the following learned faculties explained various aspects of transfer pricing specifically applicable to domestic transaction: The seminar elicited response from over 200 participants, both from the Industry & the Profession.
Seminar on Certification under the Income tax Act, 1961, 25th January 2013, at the Indian Merchants’ Chamber
This Seminar organised by the Taxation Committee, was attended by nearly 150 participants where the following speakers shared their knowledge on the topics allotted: The participants gained immensely from the wealth of knowledge and experience shared by the learned faculties.
Workshop on Risk Management, 7th February 2013, at Hotel Orchid, Mumbai
The Accounting & Auditing Committee organised this workshop where the following learned faculty explained Basics of Risk Management and Challenges in Implementing Risk Management, with focus on small and medium sized firms implementing risk management activities amongst their clients followed by a Panel Discussion on Risk Management in Indian context:
• Dr. Dale F. Cooper, Member of the Risk Management Committee of Council of the University of New South Wales
• Mr. Ravindra Rao, Chartered Accountant
• Mr. Huzefa Unwalla, Chartered Accountant
• Mr. Deepjee Singhal, Chartered Accountant
The participants gained immensely from the knowledge and experience shared by the learned faculties.
Seminar on the Companies Bill, 2012, 30th January 2013, at the Indian Merchants’ Chamber
The Accounting and Auditing Committee organised this seminar where the following learned faculties dealt with the topics allotted to them:
The participants benefitted immensely from the detailed analysis of various provisions of the new Companies Bill, 2012 by the learned faculties.
Real Estate Summit, 1st and 2nd February 2013, at J. W. Marriott, Mumbai
The BCAS jointly with the IMC organised unique industry specific Real Estate Summit covering various aspects of Real Estate Business and Investment covering following topics addressed by learned speakers:
A publication titled “Real Estate Laws” authored by Naushad Panjwani, Chartered Accountant and Ameet Hariani, Advocate, was also released at the Summit.
The content and coverage of topics and the overall arrangement at the Summit were appreciated by the participants. The event also received coverage by leading newspapers and media.
Workshop on ‘Personal Victory’ for CA Students, 10th February 2013, at the Society’s Office
The Human Resources Committee jointly with Amita Memorial Trust organised this workshop for CA Students where Mr. M. K. Ramanujam explained the following concepts:
• Goal setting
• Understanding responsibilities
• Working within the circle of influence, i.e. qualities, abilities and capacities
• Time management
The Student participants found the training at this workshop as a life changing experience. 11th Leadership Training Camp, 8th and 9th February 2013, at the Rambhau Mhalgi Prabodhini, Bhayander
The Human Resources Committee had organised this Residential camp which was based on the theme ‘Living in Harmony’. The faculty, Mr. M. K. Ramanujam shared his experience and knowledge and related the same to the concepts of:
• Flourishing
• Living
• Serving
• Understanding meaning of life
• Accomplishing and maintaining positive relations
The objective of the camp was well achieved as it helped the participants to improve their ability to bring more joy and presence to their daily lives.
Third Intensive Study Course on Transfer Pricing, 9th February 2013 onwards, at the Indian Merchants’ Chamber
The course organised by the International Taxation Committee of the Society was inaugurated by the Chairman of the Committee, Mr. Kishor Karia, Chartered Accountant. Vice President, Mr. Naushad Panjwani, Chartered Accountant welcomed the 111 participants in his address and congratulated them for having enrolled for this course spread over 10 Saturdays. Mr. T.P. Ostwal, Chartered Accountant delivered the first session covering an Overview of Transfer Pricing.
2nd Advance Computer Training Program for Senior Chartered Accountants, 22nd January 2013 onwards, at the HR College
The course spread over 12 days with 35 hours of training, jointly organised with HR College of Commerce & Economics, was inaugurated by the Chairman of the Infotech & 4i Committee, Mr. Ameet Patel, Chartered Accountant. President of the Society, Mr. Deepak Shah, Chartered Accountant welcomed the participants and explained the objective of the course. Professor Ruzbeh Raja, delivered the first session covering an Overview on Excel to the participants.
