Chairman's Message

CA.Sreenivasan P. R

CA.Sreenivasan P. R

Dear Professional Colleagues,

I am sure that the extension of due dates for filing of Income Tax Returns and Tax Audit Reports which was due for filing on Sep 30th 2019 to Oct 31st 2019 has brought a sigh of relief among most of our professional colleagues, though it continues to keep us busy this month. The need was a genuine one and we should thank the Government for considering the requests received and giving us more time for rendering quality professional services to our clients.

Though September was a very busy month, as true Keralites we all celebrated Onam. Last year we faced one of the worst calamities that we have ever witnessed during Onam time and we could not celebrate the festival. This year we witnessed celebrations all over, in offices, schools, colleges, etc. At Ernakulam Branch too we celebrated Onam along with the One Day Seminar on Tax Audit and Professional Ethics at Gokulam Convention Centre, Kaloor on Sep 7th, 2019. We also had special celebrations for students, faculty members of the Branch and Branch staff members on Sep 6th. On the same day we distributed new clothes (100 Onakodis) to the inmates of the cancer ward at the Ernakulam General Hospital.

We have been receiving directions from the head office to conduct more programmes on Code of Ethics and Ethical Standards. In view of the responsibility and trust shown by the Government, and the society at large on our Members, it is indeed the need of the hour to enhance the awareness on Code of Ethics also, apart from their core competence area, because it clearly lays out the rules for behaviour and provides the groundwork for a pre-emptive warning. During our one day CPE seminar held on Sep 7, 2019 we had a two hour session on Ethical Standards & Disciplinary Proceedings by our Central Council Member CA. Rajendra Kumar, which I am sure would have benefitted all the members who attended the programme. We will be conducting more sessions on the subject in the days to come.

In October we are planning a One Day CPE Seminar on Companies Act, 2013 on the 5th of Oct, 2019. Hon’ Justice Sri. Shaji P Chaly has consented to be the Chief Guest. The honourable members of the NCLT, Kochi Bench, Sri. Ashok Kumar Borah and Sri. Brahma Rao have also been invited as guests of honour. The Registrar of Companies, Kerala Sri. Gulab Chand Yadav has also accepted our invitation and confirmed his presence. Technical sessions will be handled by CA. Chinnsamy Ganeshan and CA. R.G. Rajan from Chennai. There will also be a special session on opportunities for CAs in NCLT which will be taken by CA. Shawn Jeff Christopher and CA. Sherry Oommen.51st SIRC Conference

More programmes are planned in the month of October. A lecture meeting on Sabka Viswas (Legacy Dispute Resolution) Scheme, 2019 has been scheduled for Oct 9, 2019. We will be conducting an evening CPE seminar on Accounting Standards for Non Corporate Entities on Oct 16, 2019 by CA. Amal Paul. A one day workshop on Goods & Services Act is being planned on Oct 17, 2019. CA. Ganesh Prabhu from Chennai and CA. M.P.Tony from Thrissur have consented to be the faculties for the technical sessions. Apart from these there will also be an evening CPE seminar on Standards on Auditing by CA. G.Rengarajan on Oct 25, 2019.

We are all eagerly looking forward to the 51st Regional Conference of SIRC of ICAI to be held on Nov 18th & 19th at Lulu Bolgatty International Convention Centre, Grand Hyatt, Kochi, which will be proudly hosted by Ernakulam Branch. I request all the members to register for the same at the earliest. You may do the registration online at www.sircoficai.org. A link has also been provided in our website www.kochiicai.org. Alternately, you may also pay by cheque or credit card at the Ernakulam Branch office. We have decided to give a special discount of Rs.300/- for members who are enrolled in the Ernakulam Branch Annual Registration Scheme (ARS), 2019. The discount will be in the form of a cash back post event. Let us make this gala even a grand success and a memorable one.

Before I sign off, I would also request all our members to generously contribute to the Chartered Accountants Benevolent Fund (CABF). You may make your payment at the Branch office by cheque or credit card. All members contributing Rs.10,000/- or more will be specially recognised during one of our major events in December, 2019.

Jai Hind! Jai ICAI!

CA.Sreenivasan P. R
Chairman