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President Droupadi Murmu: President Draupadi Murmu on Saturday (July 1) expressed hope that by 2047, 50 percent of Chartered Accountants (CA) working in the country would be women. The President said that efforts should be made to ensure that the profession of Chartered Accountant becomes the ‘backbone of economic governance’.
She was speaking at a function organized by ICAI on the occasion of 75th Chartered Accountant’s Day in the national capital. The Institute of Chartered Accountants of India (ICAI) has around four lakh members and over eight lakh students.
‘When the country will celebrate the 100th anniversary of independence in 2047…’
The President underlined that the capacity and membership of ICAI is admired all over the world but still Indian companies have not reached the level of global MNCs. He said that the efforts being made in this direction will get a boost if companies look into regulation of various sectors and coordinate with law firms.
The President Draupadi Murmu say?
President Murmu stressed the need to adopt technology advancement to ensure fair and ethical accounting practices and said that CAs have been entrusted with the important responsibility of presenting a true picture of the health of the economy.
The President appreciated the move to make it mandatory for all certificates issued by CAs acting on behalf of ICAI to provide Unique Document Identification Number (UDIN).
According to the institute, so far UDINs have been issued for five crore rupees. A new CA (Chartered Accountant) scheme was launched in the programme. Several dignitaries including Minister of State for Corporate Affairs Rao Inderjit Singh, ICAI President Aniket Sunil Talati and Vice President Ranjit Kumar Agarwal were also present.