Dec 14
CAs Should act as Catalyst for Evolving Transparent Processes
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Minister for Commerce and Industry Smt Nirmala Sitharaman
has called upon the Institute of Chartered accountants of India (ICAI) to act
as a catalyst in evolving transparent processes and ensuring accountability.
She commended the role played by the ICAI in bringing about various changes in
the provisions of the Companies Act. Smt Sitharaman was speaking at the 46th
Regional Conference of the ICAI in Madurai a short while ago.
The minister also made the point that professionals like
CAs must apply their minds to cut “the huge undergrowth of laws, regulations
and help carry the economy forward without hindrance”. She reminded that the
government under Shri Narendra Modi has laid stress on transparency, ”Less
government and more governance” and on implementing best practices that are
scalable and that can be emulated. She called upon chartered accountants to
come up with new ideas in these areas. >
The
minister also made the point that professionals like CAs must apply
their minds to cut “the huge undergrowth of laws, regulations and help
carry the economy forward without hindrance”. She reminded that the
government under Shri Narendra Modi has laid stress on transparency,
”Less government and more governance” and on implementing best practices
that are scalable and that can be emulated. She called upon chartered
accountants to come up with new ideas in these areas. - See more at:
http://taxguru.in/chartered-accountant/cas-act-catalyst-evolving-transparent-processes.html#sthash.M7sIxdbe.dpuf
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