Media Release
Muscat, May 19: The Muscat chapter of the Institute of Chartered Accountants of India (ICAI) conducted its 11th Annual General Meeting recently. The out-going chairman - CA Bhavani Prasad - provided an overview of the activities carried out and events conducted by the chapter for its members during the year. He stated that the events included professional education events as well as family events for the members. CA Bhavani thanked CBFS for being the official sponsor for the ICAI-Muscat chapter ; he thanked the past chairmen of ICAI-Muscat Chapter and the parent Institute of Chartered Accountants of India; for their continued support and guidance.
The ICAI Muscat Chapter is run by a Managing Committee of 8 elected members. The committee met after the AGM and decided its office-bearers for 2019-20. CA Ashwini Sawrikar took over as Chairperson. Other office bearers are CA N Ramanada Prabhu as Vice Chairman; CA Sanil Varghese as Secretary and CA Ravi Prakash Deora as Treasurer. The other committee members include CA G S Bhavani Prasad; CA Manish Jain; CA Sajeev Surendran and CA Shah Nawaz Khan. The new Chairperson CA Ashwini assured that the committee is committed to take forward the strong professional legacy
and good work done by the past committees. Under the leadership of CA Ashwini Sawrikar; the MC is confident of turning around one more successful year of quality professional development and education.
CA Ashwini Sawrikar stated at a discussion following their selection that they plan to further enhance the standing of the Muscat chapter of the ICAI and to convene seminars and events on a variety of topics that would help all accounting professionals become great business leaders.
ICAI-Muscat Chapter is sponsored by the College of Banking and Financial Studies (CBFS) and is set up under the Memorandum of Understanding between The Institute of Chartered Accountants of India (ICAI), New Delhi and The College of Banking and Financial Studies, Sultanate of Oman and has the objective of providing Continuing Professional Education to the members of the ICAI and this process of professional development is extended to the accountants and finance professionals of all nationalities. The chapter was established in 2008 and has over 300 members.
About ICAI
ICAI is the world’s second largest professional accounting body that has been set up by a legislation of Indian Parliament, over 70 years ago. ICAI was established with about 1,700 members and has grown to over 290,000 members. ICAI and the profession have touched new heights and reached the unfathomed corners of the earth. Building blocks of the profession are being consolidated and empowered. Continuing with vigorous efforts towards exploring and making available ample opportunities for the members, the endeavour of ICAI has been to continuously strive to serve the members to the optimum. The USP of ICAI qualification has been an internationally benchmarked curriculum and exposition to practical training making the professionals groomed to the emerging needs of the accounting profession. It
is the seminal body of accountancy with chapters all over the world.