Dear Professional colleagues,

Sub.: Seeking your valuable suggestions in strengthening the portfolio of Practitioners and Firms

I am grateful to CA. Jaydeep N. Shah, President-ICAI and CA. Subodh Kumar Agrawal, Vice-President, ICAI for confidence bestowed upon me by nominating me as the Chairman of the Committee for Capacity Building of CA Firms and Small & Medium Practitioners, ICAI for the year 2012-13.

The Committee for Capacity Building of CA Firms and Small & Medium Practitioners (CCBCAF & SMP) was formed by combining previously formed Committees, Committee for Capacity Building of CA Firms and Committee for Small & Medium Practitioners. Initially, this Committee had thought to establish for facilitating consolidation and capacity building of CA firms in order to address various problems faced by CA firms and to conceptualize and implement various means for strengthening their capacity as well as providing comprehensive guidelines for consolidation of CA firms. Similarly, Committee for Small & Medium Practitioners was formed to empower Small & Medium Practitioners to assimilate and apply ways for carrying out their profession in efficient manner. Thus, the ultimate objective of the Committee is to strengthen CA firms as well as Small & Medium Practitioners to rejuvenate their practice portfolio.

In tune to vision of ICAI which is ‘The Indian Chartered Accountancy Profession’ will be the valued trustees of world class financial competencies, good governance and competitors, the committee has its motto for Capacity Building of Indian CA firms through consolidation and empowering small & medium practitioners by developing and upgradation of their professional competence. Accordingly, the Committee has following issues to deal with;

  • Preparation of code for consolidation of CA firms.
  • Identifying means and ways for empowering SMPs.
  • Upgrading and updating the knowledge and skills set on standard practice.
  • Developing practice areas for SMPs.
  • Identifying Role of SMPs in emerging areas.
  • Developing technical material to facilitate practice in new areas of profession.
  • Facilitation on IT savvy tools & portals for CA firms & SMPs.
  • Re-engineering of profession and establishment of CA Firms with sound infrastructure and finance

I am enclosing herewith the Action Plan of the Committee for the year 2012-13. I request you to provide your valuable suggestions in strengthening the portfolio of Practitioner & Firms. Kindly also inform us your expectations from the Committee for Capacity Building of CA Firms and Small & Medium Practitioners for enhancement of your practice portfolio, so that we can focus on those areas. You may also kindly arrange to send your comments/feedbacks on the above said issues, the committee has to address and any other valuable suggestions on e-mail: ccbcaf@icai.org & may contact on 011-30110561.

Looking forward to your suggestions.

With warm regards,

CA. Pankaj Tyagee
Chairman
Committee for Capacity Building of CA Firms and Small & Medium Practitioners, ICAI
E-mail:chairman.ccbcaf@icai.org

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