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President Message-July 2012

Eligibility for PhD in University System: As the members of profession are aware that for pursuing the Doctorate of Philosophy (PhD) programme, Chartered Accountancy qualification was recognised in the University system long back by the Association of Indian Universities (AIU) vide the letter EV/II (56-A)/83, dated 20th March, 1984: ...graduates having passed their final examination of the Institute of Chartered Accountants of India, New Delhi, be treated to have completed a post graduate degree in Commerce or allied discipline for purpose of registration to Ph.D. Recently, the Indian Institute of Management (IIM), Shillong, has recognised our members as eligible to pursue their Fellowship Programme, equivalent to PhD. With this, so far 84 universities and 6 IIMs have recognised our qualification as eligibility criterion towards pursuance of the PhD programme. Further, the UGC has recently informed us that the threshold limit of 55% marks in postgraduate examination is not applicable to our members for enrolment to PhD programme. For details, interested members may visit the Institute’s website. I am sure members will take advantage of such initiatives of the Institute and empower themselves.

Promoting Ethics:
 As corporate sector evolves in an environment of enhanced transparency and accountability, the Chartered Accountants are required to work with independence and maintain highest integrity. They need to follow laws and regulations to maintain a very high level of self discipline and work within the code of ethics framework. The Code of Ethics calls for members to maintain a level of self-discipline that goes even beyond the requirements of laws and regulations. To this effect, in a recent initiative, the Ethical Standards Board under the chairmanship of CA. K Raghu, has released a brochure - ‘CA. Ethics Plus’ to promote Ethical Standards amongst members. I am sure this will certainly benefit the members at large in their professional responsibility rendering mechanism.

GMCS Faculty Development: Towards a better and an effective GMCS course, we recently organised One- Day Faculty Development Programmes (FDP) in New Delhi, Kolkata, Kanpur, Mumbai and Chennai. The purpose was to let the faculty confront a perspective of course content so that the delivery to our students could be more effective and productive.

Awareness Programme on Public Finance & Government Accounting: Recently an awareness programme on Rising to the Challenges in Public Finance & Government Accounting was organised by the Surat Branch of WIRC of ICAI.



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