Chairman's Message

Dear Esteemed Colleagues Dear Esteemed Colleagues
Wish you Happy New Year 2020 !
A New Year always comes with the promise and hope of better times to come. Let us welcome 2020 by gearing up for the tremendous professional opportunities that will beckon us in this New Year. The year past was a wonderful year and the Branch has actively done many activities for members and students. It gives me a feeling of satisfaction of the position I held with your trust and faith. I thank all the Resource Persons and the participants making this happen. Members, the last date for complying with the CPE Hours requirement for the Calendar Year 2019 - has been extended from 31st December, 2019 to 31st January 2020. The members who could not complete their respective CPE hours requirement up to 31st December, 2019 for the Calendar year 2019, are requested to kindly complete the same at the earliest and latest by 31st January 2020. I take this opportunity to provide you a snapshot of the activities conducted at your Branch during the calendar year 2019:
The of December 2019 Udyati2:
The One Day Conference Organised by Committee for Capacity Building for Members in Practice and Hosted by Visakhapatnam Branch of SIRC of ICAI on 21st December 2019 at Hotel Novotel was One of the best One day conferences in the History of Visakhapatnam Branch. The Key Note address by President ICAI CA Prafulla P Chhajed was remarkable and touched all important areas of profession and initiatives by ICAI. The Vice Chairman of CCBMP ICAI CA D Prasanna Kumar addressed the Delegates and informed all the developments taken up by the Committee. I thank the speakers for the Conference CA Debashis Mitra, CA Ameet Patel and CA Satish Saraf for their excellent presentation. The conference was attended by more than 460 Delegates. I also thank the CCBMP, ICAI for extending all the support in doing the conference. Abhigyan National Conference for CA Students: The National Conference for CA Students on 21st and 22nd December 2019 at Port Kalavani Auditorioum organized by Board of Studies and hosted by Visakhapatnam Branch of SIRC of ICAI was resounding success with a total attendance of 1111 CA Students. I Congratulate SICASA Team led by Chairman SICASA Visakhapatnam Branch CA Y Suryachandra Rao, Co-Chairman of SICASA Visakhapatnam Branch CA V Rama Prasad and its Vice Chairman Mr Prem Sai Varma for this success. I also thank the student volunteers, session Chairman's, CA Student speakers for making this mega event successful.
On 1st December 2019 SICASA Day was celebrated and a CA student fest was organised on the occasion. The fest was inaugrated by CA D Prasanna Kumar, CCM. The students actively participated in the fest. On 3rd December 2019, we have organized Outreach program on Sabka Vishwas Legal Dispute Resolution Scheme addressed by CA Sangu Ramakrishna and also officials from Service Tax Department. The members actively participated in the Program and got clarified their doubts on the scheme. I thank the speakers for their presentation. After the Program CA Yateender Gupta Chief Mentor of Australian Chapter of ICAI addressed the members and shared opportunities for members in Australia. I thank CA Yateender Gupta for addressing the members. On 4th December and 11th December 2019 we conducted study circle meeting on Accounting Standards by CA V S N Murthy and CA Anirban Pal respectively. I thank both the speakers in sharing their valuable thoughts in the meeting. On 27th December 2019 the CCBMP of ICAI organized Half Day Seminar on Section 270 A of Income Tax Act by CA Charmi Sha from Mumbai. I thank the Committee for giving us opportunity to host the seminar. I also thank the speaker for sharing her valuable thoughts on very provision of Income Tax Act. Pleasure in sharing details about Upcoming Programs: on 4th January 2019, we are organizing a 6 Hour CPE Seminar on redressal mechanism under Income Tax by CA G V N Hari and GST New return formats, advance ruling and appeal mechanism under GST by CA Ashish Kumar Agarwal from Vizinagaram. On 25th January we are hosting Full Day Seminar on Internal Audit organized by Internal Audit standards board of ICAL On 31st January we are organizing half day seminar on Ethical Standards by Etical Standards Board of ICAI. Confirmation Awaited. On 29th January 2020 we are organizing study circle meeting on Accounting Standards by CA K C S Guru Prasad. On 26th January I request all the members to participate in Flag hoisting ceremony at Branch Premises. Certificate Course on Forensic Accounting and Fraud Detection: I take immense pleasure in sharing with you all that Visakhapatnam Branch is Organising Certificate Course on Forensic Accounting and Fraud Detection conducted by Digital Accounting and Assurance Board in the month of February 2020. I request the members to register for the course. Details of the course are given in the newsletter.
With Ward Regards
CA. M. Chalapathy Rao
Chairman