ICAI's Diamond Jubliee conference

ICAI is celebrating its Diamond Jubilee this year and coinciding with its celebrations, the Institute would be hosting International Conference on the theme ‘Winds of Challenges – Global Strategies for Accounting Profession’ on July 3 – 5, 2009 at Hotel Jaypee Palace, Agra.

As the world veritably transits to being ‘Global Village’; the accounting profession as an integral instrument, in this process of transition has witnessed a paradigm change in its contributory role in every sphere of the transformation; financial reporting being the core. The shift in the business philosophies due to dawn of a new trade order further emphasises a broadened role for the accountancy professionals as strategy formulators and facilitators. Moving to such role of a value creator, the Institute has endeavoured to imbibe the best practices globally and has been playing the role of an enabler by getting its 150,000 strong membership base to acclimatise themselves with such practices. What classically holds out for the accountancy profession is the universal lexicon which is a common thread for accountants across the globe. One sees the emergence of shift to convergence in technical standards globally and this International Conference eloquently epitomizes the same.

Our world today is of Internet links, global networking, dissolving business frontiers and shrinking distances, and the whole world now is just one globe; newer ideas and knowledge at our doorstep; globalisation is the reality of today and a new world is fast emerging. In this scenario, Accountants should acquire requisite knowledge and skills, on one hand, and organisational and operational strength, on the other, in order to be globally compatible.

This Conference will dwell on the topical issues related to Governance, Financial Engineering, Regulatory Compliance, Value Creation, Corporate Social Responsibility and the like. The International Conference would be congregation of renowned experts in the area of accounting, auditing and management from IFAC, IASB and other international bodies including leaders from Trade and Industry in India expected to do honours at the Conference.