Thursday 13 February 2014

CA Manoj Fadnic Elected ICAI Vice President for 2014-15


CA Manoj Fadnic Elected ICAI Vice President for 2014-15




Mr. Manoj Fadnis is a fellow member of the Institute of Chartered Accountants of India. He passed his B.Com. from Indore University and qualified as a Chartered Accountant in January 1987.  Since then he is in continuous practice. He has also completed the Diploma in Information Systems Audit (DISA).

He has been elected to the Central Council of the Institute of Chartered Accountants of India for the term from 2001 for the fifth consecutive term. He was elected to the Managing Committee of Indore Branch for the term 1992-95 and acted as Chairman of the Branch in 1994-95.He was also elected to the Central India Regional Council for the term 1995-98 and acted as Chairman in 1997-98.

As a Central Council Member is nominated as Chairman of Direct Taxes Committee and Committee on Economic, Commercial Laws & WTO of the Institute of Chartered Accountants of India.

He was nominated as the Chairman of the Accounting Standards Board (ASB) for three consecutive years from 2010-13. As Chairman of the ASB, he has overseen the formulation of the Indian Accounting Standards converged with the International Financial Reporting Standards, which have been eventually notified in February 2011. He has represented the Institute in the meetings of the National Standard Setters and the World Standard Setters, Asia Oceanea Standard Setters Group, Emerging Economies Group. He was also the member of the delegation led by the Secretary Ministry of Corporate Affairs to the first Indo Japan Summit in Tokyo in July 2010.

He has worked in all the important committees of the Institute including Disciplinary and the Examination Committees.

He is the non-executive chairman of MP Stock Exchange Limited.

He is nominated on the board of  public companies by the Ministry of Corporate Affairs. He is also on the board of listed companies as independent director. He is also on the board of Directors of Indore Management Association.  

He was nominated as Director on the Board of State Bank of Indore from 2002 to 2005. He has been nominated on the Audit Board of M.P. Co-operative Board, Bhopal.

He has presented papers in various seminars and conferences. His articles have been published in various magazines including the Chartered Accountant. He has also been the visiting faculty in management colleges for the subjects related to the profession. 

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