CA. (Dr.) Debashis Mitra has
been elected as the President and CA. Aniket Sunil
Talati has been elected as the Vice-President of The
Institute of Chartered Accountants of India w.e.f. February 12, 2022.
CA.
(Dr.) Debashis Mitra, President, ICAI (2022-23)
A visionary with strong academic
leaning and having deep professional insight, CA. (Dr.) Debashis Mitra, has
been elected as the President of The Institute of Chartered Accountants of
India (ICAI) for the year 2022-23. Serving his third term in the Council of
ICAI, he has been serving the accounting profession for last more than
thirty-four years. Dr. Mitra, a senior practising member, is also a Cost
Accountant, Company Secretary, holds a Master’s degree in Commerce, Law
graduate and a qualified Information Systems Auditor. With keen interest in
academic research, he is a Ph.D. on the topic “A Critical Study of Select
Indian GAAP, US GAAP & IAS / IFRS”.
As President ICAI, CA.(Dr.)
Debashis Mitra is now the Chairman of all Standing Committees i.e. Executive,
Finance and Examination Committees, besides being the ex-officio member of all
Non-Standing Committees and Editor of ICAI Journal, The Chartered Accountant. CA. Debashis Mitra is the Director of
ICAI Registered Valuers Organisation (RVO) and also the representative from
ICAI RVO on the “Committee to advise on Valuation matters” of MCA. He is also
Chairman of the ICAI Research wing, ICAI – Accounting Research Foundation and
Extensible Business Reporting Language (XBRL) India. He is also on the Board of
Indian Institute of Insolvency Professionals of ICAI.
CA. (Dr.) Debashis Mitra is a
member on the Board of Chartered Accountants Worldwide (CAW) and the South
Asian Federation of Accountants (SAFA). He, in his capacity as President ICAI
is a representative on International Integrated Reporting Council (IIRC).
CA.(Dr.) Debashis Mitra will now be representing ICAI
in some very important Committees constituted by the Indian government and
Regulators that include Government Accounting Standards Advisory Board (GASAB)
and Audit Advisory Board- both constituted by the C&AG of India. He is also
Board Member of Insurance Regulatory & Development Authority (IRDA),
Insurance Advisory Committee and Member of SEBI’s Primary Market Advisory
Committee.
A persuasive and intense trainer,
he is renowned for his interactive deliberations in International Financial
Reporting Standards (IFRS) and Corporate Laws. He has trained many officials of
several corporate and non-corporate entities as well as Central and State
governmental organizations. An avid speaker, he passionately shares his deep
and incisive knowledge in India & abroad at various events organised by the
ICAI, trade organisations and other reputed Institutes.
As an accomplished professional
having immense knowledge of trade and industry, he has served as an active member
of several prestigious boards, forums and institutions in India, viz., Quality
Review Board established by Govt. of India, Board of Extensible Business
Reporting Language (XBRL) India and The Board of Governors of Assam Downtown
University. He also represented ICAI in Uday Kotak Committee on Corporate
Governance set up by SEBI as well as the Committee set up by Ministry of
Corporate Affairs for revision in CARO.
On international front, he was the
Chairman of Committee on Education, Training and CPD of South Asian Federation
of Accountants (SAFA) and member of Audit Group of Confederation of Asian and
Pacific Accountants (CAPA). He has also served as member of SAFA Committee on
Auditing Standards and Quality Control.
Earlier, Dr. Mitra has also served the profession as Chairman of the Eastern Indian Regional Council of ICAI as well as Guwahati Branch of EIRC of ICAI. A seasoned strategist and leader to the core, he is the former President of Rotary Club of Calcutta, the oldest running Rotary Club in Asia, as well as former National President of The Institute of Internal Auditors (India).
CA. Aniket Sunil Talati, Vice-President,
ICAI (2022-23)
A man of refined thought-process, quick understanding and sharp vision, CA. Aniket Sunil Talati has been elected as the Vice-President of the Institute of Chartered Accountants of India for the term 2022-23. Respected for his strong organizational skills and deep insight in the affairs of profession, CA. Aniket Talati has contributed to the cause of profession from various professional perspectives.
Being Bachelor of Commerce from Mumbai University and a Rank holder from Gujarat University, CA. Aniket Talati further pursued Master of Commerce. He has led the cause of profession through various committees of the Branch & Regional Councils of ICAI. He has served as the Chairman of Ahmedabad Branch of ICAI for the year 2014-15 and as Secretary, WIRC for the year 2017-18.
He was the Chairman of Financial Reporting Review Board (FRRB), Vice Chairman of CSR Committee and Convenor of Digital Re-Engineering & Learning Directorate of ICAI. He was also the Director of ICAI Accounting Research Foundation (ICAI ARF) and also the member of various other Committees, Boards and Directorates of ICAI. CA. Aniket Talati is at the forefront of Digital Transformation within ICAI and numerous digital Initiatives launched under him stand testimony to this fact.
CA. Aniket Talati has also been appointed as an advisor to the board of International Federation of Accountants (IFAC). IFAC is the global organization for the accountancy profession. Founded in 1977, IFAC has more than 175 members and associates in more than 130 countries and jurisdictions, representing more than 3 million accountants employed in public practice, industry and commerce, government, and academe. He has served as Executive Committee Member of Gujarat Chamber of Commerce & Industry (GCCI) and is currently member of the Direct Tax Committee of GCCI.
A man of grass-root understanding of the matters and respected for his down-to-earth approach to the issues at hand among his professional colleagues, CA. Aniket Talati has a surpassing ability to deal with a variety of difficult situations.
Having an exceptional ability to bring out a range of alternative solutions on the table in any given situation, he has to his credit successful closures of many a taskforce and time-bound non-standing groups and teams. Being thoroughly conversant with the professional concerns and demands of his times, CA. Aniket Talati has authored relevant books, including ‘Treatise on RERA’ published by CA Association Ahmedabad.
An academic by temperament, CA. Aniket Talati has published numerous articles in newspapers, magazines and professional newsletters and delivered lectures in about 250 seminars and conferences.
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