Young Members Empowerment Committee

st2016-17 Volume – II 1 Quarter Apr- Jun, 2016| | |E- Newsletter

Dear Professional Colleagues,

The Indian accountancy profession is widely regardedand acknowledged as one of the key enablers andfacilitators of Government's socio-economic visionand policies. Chartered Accountants are highlyrespected in the society for providing reliable andtransparent accounting information, both in the publicas well as private sector. In the present economicscenario Chartered Accountants play vital role indevelopment of businesses which makes themindispensable for their proper functioning and growth.

Dear Professional Colleagues,

In today's era, the scope of services rendered by CharteredAccountants has extended beyond routine accounting andauditing jobs. The services rendered by CharteredAccountants in the area of Management Consultancy,Assurance and in other non traditional areas reflect theirexpertise in multiple diverse areas. The members of ICAIhave been progressively raising their standards to meetthe global parameters ensuring transparency andaccountability.

Dear Professional Colleagues,

The Young Members Empowerment Committee(YMEC) of the ICAI, endeavours to provide a platformto generate ideas that will interest and engage youngmembers while enhancing their professional skill set.The objective of YMEC is to visualize the future needsof the young members entering into the profession and togear up the professionals for facing dynamic challengingenvironment.

Dear Professional Colleagues,

The Young Members Empowerment Committee(YMEC) has been constituted to provide our youngChartered Accountants a gateway to expand theirabilities and to enable them to be fully responsive to therequirements of the emerging economic scenario. Toaccelerate the Capacity Building Measures for ouryoung Chartered Accountants, YMEC has been takingvarious measures to expand the knowledge of ouryoung CAs and make them aware of the latest trendsand developments.

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Message of Vice-President, ICAI

Message of Chairman, YMEC, ICAI

Message of Vice-Chairman, YMEC, ICAI

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President

Vice President

Chairman

Vice-Chairman

CA. M. Devaraja Reddy (Ex-officio)

CA. Nilesh Shivji Vikamsey (Ex-officio)

CA. Mukesh Singh Kushwah

CA. N. C. Hegde

CA. Anil Satyanarayan Bhandari

CA. Jay Chhaira

CA. Prafulla Premsukh Chhajed

CA. Nihar Niranjan Jambusaria

CA. Dhiraj Kumar Khandelwal

CA. Dhinal Ashvinbhai Shah

CA. Ranjeet Kumar Agarwal

CA. Debashis Mitra

CA. Manu Agrawal

CA. Sanjiv Kumar Chaudhary

CA. Vijay Kumar Gupta

CA. Rajesh Sharma

Government Nominees

Shri Guruprasad MohapatraMs. Indu Malhotra

Co-opted Member

CA. P. V. Rajarajeswaran

CA. Ananthanarayan Pai K

CA. Puspjeet Yaduka

CA. A. V. Ratnam

CA. Ravinder Singh

Editorial Board

CA. Mukesh Singh Kushwah, Chairman, YMEC

CA. N. C. Hegde, Vice-Chairman, YMEC

CA. Nihar Jambosaria

CA. Dhiraj Kumar Khandelwal

CA. Ranjeet Kumar Agarwal

CA. Rajesh Sharma

CA. Puspjeet Yaduka

Shri Ajeet Nath Tiwari, Secretary, YMEC

CA. N. C. Hegde

CA. Mukesh Singh Kushwah

Chairman, YMEC

Vice-Chairman, YMEC

CA. Nilesh Shivji Vikamsey

Vice-President, ICAI

CA. M. Devaraja Reddy

President, ICAI

The Institute of Chartered Accountants of India(Set up by an Act of Parliament)

Message of President, ICAIYMEC Members-2016-17

Disclaimer- Material in this publication may not be reproduced, whether in part or in whole, without the consent of the ICAI.

Action Plan of Committee for the Year 2016-17

YMEC Workshops/Seminars during April to June, 2016

This year,YMEC would like to give emphasise on various activities, few of them are as follows-

To organize programmes for young members wherein members working as Entrepreneurs or in Public

Services be invited.

To develop and motivate young members as Entrepreneurs and as Civil Servants viz., IAS, IPS, IRS etc.

To Organize Programmes in mofussil areas & wherein Chartered Accountants from Industry be invited to

share their experiences.

Involvement of Mentors by way of inviting them as guest speakers in programmes, video recordings &

uploading of lectures on YMEC Web Portal, webcast etc

To organize Programmes and Publish Young Members’ Publication in which topics like how to appear

before Appellate Authority/ Direct Taxation/ Indirect Taxation/ Office Documentation/ Office

Automation etc. would be included.

Click here for detailed Action Plan of YMEC for the Year 2016-17.

Young Members Empowerment Committee has been taking various measures to expand the knowledge of young

CAs by organizing various programmes/Seminar/ Workshops/ Webcasts on contemporary topics and help them

to crack civil services. Apart from these initiatives, YMEC is planning to organize various Programmes to develop

entrepreneurship skill which help them and their clients to grow their business. For getting further details about

the below mentioned programmes kindly visit the webpage .Details of Workshops,

Seminars organized by the Committee in the period of April, 16 to June, 2016 are given as under:

1. Workshop on Recent Amendments under Income Tax Act & Practice Development Strategy for Young

CAs held on 8th April, 2016 in Delhi.

2. Seminar on Recent Developments in Professional Arena held on 17th April, 2016 at Patna Jointly organized

with Internal Audit Standards Board.

3. Workshop on Professional Opportunities for Young Members, Office Automation and ICDS & Preparation

of Appeals held on 8th May, 2016 at Hotel East Park, Bilaspur.

4. Workshop on CARO 2016, Entrepreneurship and Startup Skills for Young CAs& Forensic Audit held on

14.05.2016 at Ghaziabad.

5. Workshop on Scope and Opportunities for Young Members in Practice and Service held on 22.05.2016 at

Hotel Arif Castle, Lucknow.th th6. Residential Refresher Course on 17 to 19 June, 2016 at Hotel Ambrosia Sarovar Portico, Haridwar.

7. Workshop on Mentoring for Management & Soft Interpersonal Skill Development ICAI Bhawan, Teenbattith thMore, Siliguri held on 18 and 19 June, 2016.

8. Seminar on Entrepreneurship & Start up “Moving Towards Professional Excellence” on 26th June, 2016 at

Hotel Clarks Amer, Jaipur.

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YMEC Activities

http://ymec.in/archives/

Webcast

YMEC Portal (www.ymec.in)

Forthcoming Events

Mega Event

The Committee has successfully organized following webcasts:-

a) Series of Webcast on unexplored power of Excel Part-1 on 27th April, 2016 from 3.00 P.M. to 6.00 P.M. at

ICAI Bhawan, New Delhi.

b) Series of Webcast on unexplored power of Excel Part-2 on 5th May, 2016 from 3.00 P.M. to 6.00 P.M. at ICAI

Bhawan, New Delhi.thc) Webcast on Issues related to Real Estate Transactions held on 10 June, 2016 from 4.00PM to 6.00 PM at ICAI

Bhawan, Indraprastha Marg, New Delhi.

Online Registration for Participating in YMEC Activities

With the Aim of imparting the Business Leadership skills, Managerial skills, personality development,

network building for career growth, YMEC has initiated an innovated measure to provide a platform to

Young CAs to engross themselves directly in the activities of ICAI by Active Participation in YMEC

Programs.

In order to avail this opportunity of active involvement in YMEC’s various Programs, young CAs may

submit their area of Interest, choice of time and place of availability across the country along with other

details by filling this online form for their role at YMEC portal .The

interested Members may be called in programme and meetings from time to time as per their interested areas

as and when needed throughout the year.

The Committee had uploaded following videos on YMEC portal recently and in process of uploading more

motivational videos and video lectures of eminent Speakers on various contemporary topics.

How to enter & crack Civil Services by CA. Nimit Mehta and CA. Puneet Daga (Young Qualified CAs

who have cleared UPSC- 2015)

Success and motivational story by CA. Ashwajit Singh Ji, Chairman & Managing Director, IPE Global

Pvt. Ltd.

Success and motivational story by CA. S.C. Aggarwal, Chairman & Managing Director SMC Group

Success and motivational story by CA. Puneet Mittal, Co-founder, Magicrete Building Solutions Pvt. ltd

a) Live Webcast on issues related to Companies Act, 2013 & Companies Bill 2016 on August 4, 2016 from

4.00pm to 6.00pm at ICAI Head Office, New Delhi.

b) One day Seminar on Developing Entrepreneurship skill and professional opportunities for young members

on August 26, 2016 at CA. PC Parmar Auditorium in ICAI Bhawan, Pune.

Young Members Empowerment Committee (YMEC) is planning to organize Mega Event/National

Seminar/Conference in the month of August/September at Ghaziabad to enrich the knowledge by dwelling upon

the various contemporary topics which will be beneficial for Young Chartered Accountants. Details of

Programme will be updated on www.ymec.in shortly.

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http://ymec.in/registration-form/

Mentoring Video

Glimpses of Committee’s Activities/ Events

Workshop on Recent Amendments under Income Tax Act &Practice Development Strategy for Young CAs held on 8th April,2016 at The Leela Ambience Convention Hotel in Delhi.

Workshop on CARO 2016, Entrepreneurship and Startup Skills for Young CAs& Forensic Audit held on 14.05.2016 at Hotel CountryInn Ghaziabad.

Residential Refresher Course on 17th to 19th June, 2016 at HotelAmbrosia SarovarPortico, Haridwar.

Workshop on Scope and Opportunities for Young Members inPractice and Service held on 22.05.2016 at Hotel Arif Castle,Lucknow.

Seminar on Entrepreneurship & Start Up:- “Moving TowardsProfessional Excellence” on 26th June, 2016 at Hotel ClarksAmer, Jaipur, Inaugurated by Shri Ramcharan Bohra,Member of Parliament from Jaipur.

Hon'ble

Mentoring Programme for Management & Soft Interpersonal SkillDevelopment on 18th and 19th June, 2016 at Siliguri.