Editorial board writes



Dear Esteemed Colleagues & Seniors,
Greetings for the festive season ahead. The entire nation shall also be observing the Gandhi Jayanti on 2nd October followed by Durga Puja, Navratri and Dusshera in the next 10 days. Revered as father of our nation, Gandhi ji, through his ahimsa and nonviolence ideology, shook the world and proved that great things can be accomplished through simple tenets of truth and nonviolence. On the occasion, when nation is all geared up to commemorate 150th birth anniversary of Mahatma Gandhi, the ICAI is also planning to undertake various activities in the best interests of society. Members of the profession can make noteworthy contribution to such socially benefitting initiatives by contributing either physically or in-kind and by encouraging their families and friends to join them.
EIRC has already announced the most awaited Conference of the Eastern India Regional Council (EIRC) of the Institute of Chartered Accountants of India (ICAI). It is for the 44th time in the history of EIRC, this Regional Conference is being organized in the city of joy. The theme of the conference is “CA-The Profession with a WOW”.
This Regional Conference, spread over 2 days (Friday 20th December & Saturday 21st December, 2019) is an endeavour to enable professionals maintain and develop competencies, enhance their knowledge, expertise, skill sets for further excelling in their profession. The conference has been intricately designed to provide an insight on the recent happenings in the professional arena coupled with objective of smart learning. Expert speakers from all across the country shall share their experiences on the various tenets of the CA profession and the way forward. The technical sessions in the conference would deal with the practical and contemporary issues and I am confident that the participants shall witness a fruitful, enlightening and educative experience by joining this momentous occasion. I am also happy to share that this 44th Conference shall be held for the first time at the state of the art Biswa Bangla Convention Centre at Rajarhat, Kolkata.
I appeal to all the members of our profession, students and other professionals to register for this mega event and participate whole heartedly. I also humbly appeal to all for extending your helping hand in arranging sponsorships for supporting this mega initiative. I also place on record the support of all my colleagues in the Regional Council, the Central Council, the President and Vice President of ICAI, Branches and Study Circles in motivating me to organize this exciting event. The thematic focus of this conference is enumerated in the subsequent paragraphs.
Thematic  Focus: CA –The Profession with a WOW (Wings of Wisdom)
“While accounting is the universal language of modern day business, professional accountants are its lifeline,” so goes a saying that aptly applies to the present day India too. India is burgeoning with business as well as professional opportunities. This is happening particularly in the backdrop of massive reforms, start-up boom, renewed vigour of small and medium enterprises, technology-induced innovations, push for digital economy, and changing business and regulatory landscape with the introduction of Goods and Services Tax, Insolvency and Bankruptcy Code, etc. And amidst all these deeply impacting developments that have unfolded a new economic era, it is the calibre and versatility of CAs that is ably driving growth of corporate India and SMEs alike, converting all challenges into opportunities for the organisations they serve.
CAs have been instrumental in the proper and systematic implementation of the policies and reforms and ensuring all the requisite compliances from the stakeholders. Whether involved in their own practice or working in corporate world, CAs have demonstrated that they are the most sought after professionals. Also their increasing participation to the cause of social service over a period of time have established themselves as an indispensable ‘must have’ professional, an invaluable asset, and a force called “wisdom” to be reckoned which plays a significant role in moving the wheels of prosperity of the businesses, thereby partnering in nation building. This is the WOW factor of our profession.  
If one were told to expand the acronym WOW, the most apt description in relation to the CA profession could be the Wheels of Wisdom. If one were to relate it to the emblem of ICAI (eagle), the resultant could be Wings of Wisdom. Whether it is the majestically spread Wings or the constantly moving giant Wheel, let us all conduct ourselves in a manner that when the world thinks of a CA, the expression should be only “WOW”.     
September 2019@EIRC
We organized many events during the month of September besides organizing “The Platinia” a unique event wherein we invited all the different regulators for an interaction with our members. This session was a one day affair and the Chief Guest for the session was none other than Hon’ble Regional Director (East), Sri D Bandopadhyay. The other dignitaries from the office of the different regulators were Mr. Chandan Kumar, Dy. Director, MCA, Govt. of India, Mr. Biswanath Jha, Principal CCIT, Justice Madan V Gosavi and Justice V K Gupta, Hon’ble Members from NCLT, Mr. Nishant Kumar, Asst. Commissioner, CGST, Mr. Abhijeet Majumdar, GM, DNBS, RBI.  The program was attended by many professionals.
Friends, as our country stands on the cusp of change, our accountancy profession has also stepped into in a new era this year which is more than special as it marks the Platinum Jubilee of our alma mater, which will go down as an inspiring landmark in the annals of professional history. Having resolutely stood by the side of the nation during all the growth pangs for the last seven decades, ICAI and Indian accountancy profession have metamorphosed from number crunchers to backbone of fiscal discipline, partner in nation building and finally to agents of change. The way the profession has evolved from a scratch, the way it has changed in tune with the times, the way it has grown stronger and stronger with each passing year, and the way it has so blended the age-old legacy of excellence independence-integrity with new-age professional dynamics that one is tempted to call it ‘70-Year-Young’ rather than ‘70-Year-Old’. As it will reach the mega milestone of its Platinum Jubilee with a proven track record, its futuristic outlook today gels very well with the emerging New India that promises enormous opportunities to serve the nation
Having tirelessly upheld a triumphant tradition of converting challenges into opportunities, the story of ICAI has been a story of professional panache and perseverance. Playing a catalyst role as Regulator-cum-Facilitator in the last seven decades, the ICAI has not only consolidated the successes of the past but also reached new frontiers of professional excellence and service to the nation.
However, there are still miles to go for the profession despite ICAI constantly hurtling towards its stated Mission. As such, Platinum Jubilee of the ICAI is an occasion to not only bask in the professional glory but also introspect and leap into a future of endless possibilities.
Enjoy being a CA. Think CA, Express WoW!
Happy reading!!
Sumit Binani
Chairman, EIRC  

Team Eirc