Ludhiana, July 11th : MANISH TEWARI, MEMBER OF PARLIAMENT Ludhiana and National Spokesperson AICCI today presided over as Chief Guest in the conference of Charted Accountants held ICAI Bhawan located at Pakhowal road Ludhiana on the professional opportunities of CA’s in practice with special emphasis to Capital Markets, Currency Market, Technical Analysis of stocks, Private equity and Venture Funding, Networking &Capacity Building of CA Firms.Applauding the efforts of Ludhiana Chapter of Charted Accountants he was impressed by the efforts made by them in developing good infrastructure and conducting regular lectures and conferences by eminent luminaries in updating knowledge and practices of their members to face modern day accounting needs. He said role of CA’s is critical in ushering transparency in businesses and protecting larger interest of small investors. Satyam scam has brought forth dilemma of profession because under Charted Accountancy Act CA’s role is that of regulator and watchdog but has to earn its bread and butter form the same entity who is to be regulated. Especially after the recent global economic melt down and the crash of capital markets role of CA’s has become all the more critical in bringing faith back in accounting practices. Capital markets have and will play important role in building wealth of nations and in India it has yet to catch imagination of large section of society and benefit from it. Conferences and seminars like this will help young CA’s educate themselves and serve society in better way.
CA. C.J.S. Nanda, Central Council Member ICAI, thanked Manish Tewari for delivering such intelligent and engrossing speech and congratulated Ludhiana audience for electing such young and knowledgeable Member of Parliament. He added that Ludhiana was long denied of an able representation in Parliament which could match its economic potential. He said that Ludhiana chapter of CA’s in particular and other members of association are looking forward to have long lasting relation with him.