JAMMU, Feb 13: The Institute of Chartered Accountants of India (ICAI) today elected its new president and vice-president for the term 2020-2021.
Established by an Act of Parliament in 1949, the ICAI since its inception, has proven its mark as an elite institution devoted to uphold the values of transparency, accountability and integrity. The Institute has come a long way, be it in terms of numbers, skills & utilities, recognition from society or its role in nation building.
Shaping the nation’s progress with its professional excellence and expertise, ICAI upholds the values of independence, excellence and integrity in every sphere of economic and social system. With over 3 lakh members and more than 7.20 lakh students, ICAI ranks amongst the largest accounting bodies in the world.
CA Atul Kumar Gupta has been elected as the president, ICAI and CA Nihar Niranjan Jambusaria as the vice-president. A commerce and a law graduate, CA Atul Gupta has imbibed a unique perspective to view and critically address the matters. He has led the cause of profession through various committees of the Institute, serving as Chairman of Digital Accounting and Assurance Board, Board of Studies, IT Committee and Indirect Taxes Committee, among others.
CA Nihar Niranjan Jambusaria, a seasoned professional from Mumbai and currently associated in Industry, qualified as a Chartered Accountant in 1984 and was in practice for nearly 27 years. He has represented ICAI in many important committees constituted by the Government Ministries/ Regulators. He has been nominated as a Member of the e – Commerce Committee formed by the Ministry of Finance and Peer Review Committee of the Central Board of Direct Taxes.
Jambusaria has been a prolific speaker at national and international forum. He has addressed more than 900 seminars, conferences so far covering various subjects of professional interest like Direct tax, Accounting Standards, international tax and professional development and alike.