Namasthe!

Respected senior professionals, dear colleagues, friends, and beloved students

Accounting, as the language of business, plays an essential role in economic development, both micro- and macro-economic. Accounting affects us all, as becomes apparent whenever there is a financial crisis, be it for banks, corporations, or governments. Proper accounting is essential for organisations in which the public is substantially involved, and our auditing profession has been contributing to the reliability of this external financial information. High-quality corporate reporting is key to improving transparency, facilitating the mobilisation of domestic and international investment, creating a sound investment environment, and fostering investor confidence, thus promoting the financial stability of businesses directly and the prosperity of the nation indirectly. A strong and internationally comparable financial reporting system facilitates international flows of financial resources at the least possible cost of capital while at the same time helping to reduce corruption and mismanagement of resources. It also strengthens the international competitiveness of enterprises by attracting external financing and taking advantage of international market opportunities.

Kerala is damp all over in the month of June with the advent of monsoons, but that has in no way dampened the spirits of our fraternity and our branch. We had many programmes this month.
NAVARATNA 5.0 CONFERENCE 2024, jointly conducted by all branches of the SIRC of ICAI, was held on June 7 and 8 at Thiruvananthapuram. Around 20 members from our branch participated.

Every year, we conduct the CA.S.S. Ayyar Memorial Lecture to remember our past chairman, CA.S.S. Ayyar. This year, we conducted it on June 15, 2024, with 6 hours of CPE credit. It was conducted in two sessions, and the first technical session was handled by CA. A. Gopalakrishnan, Kochi, about Tax Practice: Building a Resilient and Agile Future-Ready CA Firm. And technical session II: Taxation of immovable property by CA. Iype John, Kottayam.

On June 20, 2024, we had a CPE seminar on preparing for peer review conducted in two sessions with a CPE credit of 4 hours. The first session was on how to approach peer review and its documentation by the practice unit’s CA. Sony C.L., and session II was the ITR filing of capital market transactions and income from other sources by CA. Subin V.R., Thrissur.

On June 21, 2024, we celebrate International YOGA Day in our branch. Yoga Sadak K. Sankaran Namboodiri took a session for the members and students. We also celebrate International MSME Day, jointly organised by the Professional Skills Enrichment Committee (PSEC), ICAI, and the Committee on MSME and Start-Up, ICAI, on June 26th, 2024. We also conducted a CA Run for Viksit Bharat on June 30, 2024.

We had the great privilege of honouring Shri. George Kurian, Minister of State for Minority Affairs.

Success fuels happiness, and happiness in turn fuels greater success, leading to a glow from growth. In the words of Mahatma Gandhi, “happiness is when what you think, what you say, and what you do are in harmony.” Most of us think to do what we think in the way we think to get that thought through the act in accordance with it. The honest answer for the most part is, “I really don’t know much about my thinking or about thinking in general. I suppose in my life I have more or less taken my thinking for granted. I don’t really know how it works. I have never really studied it. I don’t know how I test it, or even if I do test it. It just happens in my mind automatically.”
   
         
Jai Hind ! Jai ICAI !

CA Shine P. Joseph 
CHAIRMAN

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