Activities

CAQ / CIBC / CLCGC / SRSB / CMIB

Spearheaded the maiden launch of Audit Quality Maturity Model V 1.0, AQMM v1.0.
First, to launch such a model both in India and the World.
The Audit Quality Maturity Model – Version 1.0 (AQMM v1.0) is a cross-functional evaluation model for practicing firms covering engagement teams, firm leadership, IT helpdesks, human resources team, administration department, legal cell, and the management information systems desk of the firm. It is a unifying force for having all hands on deck to help steer the firm from the brown waters of unplanned audits to the blue waters of being globally recognized for audit quality. The AQMM vI.O shall appropriately and effectively guide the users about the relevant tools and techniques to be utilized along with their respective significance, mechanism, and utility.
AQMM was developed by the best of professionals with rich experience and knowledge and after deep research on systems and widespread outreach activities conducted across India. This capacity-building measure of ICAI will significantly empower the firms to be able to improve their audit quality and help evaluate the level of audit maturity.
Launched Certificate Course is known as Executive Master Program for new age Auditors – A combination of audit quality and use of technology and background material for same. 3 batches have already been completed and members have welcomed the Course.

Launch of Certificate Course on IBC, 2016. Member of think tank for conceptualizing and launch of a Certificate Course on The Insolvency and Bankruptcy Code, 2016 which helps members to get clear understanding of the provisions of The Insolvency and Bankruptcy Code, 2016 and Judicial Pronouncements under the Code along with the practical implementation of the provisions of the Code with the help of Case Studies.
Webcasts/Virtual CPE Meetings (VCMs) organized on various topics of BC and successful resolution cases under IBC by Resolution Professionals.
Limited Insolvency Examination – Preparatory Classroom (Virtual) Programme to be jointly organized by Committee on Insolvency & Bankruptcy Code of ICAl with Indian Institute of Insolvency Professionals of ICAl (IIIPI).
Three Days Refresher Course organized for preparation of IBBI Limited Insolvency Examination.
Launched monthly IBC Case Laws update; a unique e-publication of case analysis of judgement of Supreme Court/High Court/NCLT/NCLAT on issues under IBC.

Regular interaction with the government for implementation of the Companies Act, 2013 and LP Act and other Act under the domain of Ministry of Corporate Affairs.
Submission of representation/ suggestions to Ministry of Corporate Affairs on the issues in the Companies Act, 2013 and Rules thereunder.
Programmes/ refresher course/ webcasts were organised to create awareness amongst the members for discharging their professional duties in a better and effective manner.

Publication of Standard on Assurance Engagements (SAE) 3410 “Assurance Engagements on Greenhouse Gas Statements”
Issued world’s first Sustainability Reporting Maturity Model 1.0 (SRMM 1.0).
Submission of Comments to SEBI on the Report submitted by the Technical Group on Social Stock Exchange.
Certificate Course on Business Responsibility and Sustainability Reporting (BRSR).
Launch of ICAl Sustainability Reporting Awards.
Developing first of its kind Social Audit Standards with respect to each area of social impact, for example, poverty, nutrition, etc.
Created new opportunities for CA in :
1. Sustainability assurance.
2. Social impact audits.
3. Social stock exchange advisroy.
4. Sustainability advisory.

Campus Placement Programme organised was a huge success; all candidates got shortlisted by one or more companies, 68% of total registrations received job offers.
Career Ascent held in August, 2021, which is a recruitment programme for experienced CAs in industry. A record number of 6500 candidates participated and the vacancies offered by companies was more than the number of candidates.
Started for the first time a TV Series titled, “Chartered Accountants: The Growth Gears”, a talk show with CA achievers in Industry and Business. A 12 episodes series on Zee Business TV channel well received by members.
Instrumental in launching of unique programmes:
1. Executive Development Programme for the young. 7 batches of EDPs have so far been held.
2. Business Leadership Development Programme, “Achieving Transformational & Inclusive Leadership” exclusively for training CFO/Director, to become CEOs.
3. Management Development Programme, “Managerial Effectiveness – Developing a Growth Mindset” exclusively for middle level Managers to elevate them to the position of Director/ CFOs.
4. Master Programme for Independent Directors exclusively for those who have been Directors/ Independent Directors.
5. “Sneak Peek into the life CFO” a talk series.

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