ICAI holds Convocation Ceremony at 13 locations across the Country

• 9821 newly Qualified CAs Awarded Certificates of Membership

The Institute of Chartered Accountants of India (ICAI) organized Convocation Ceremony on July 7, 2024, to award certificates of membership to new members and felicitate rank holders of the CA examination. The convocation was organized at 13 different locations (Ahmedabad, Mumbai, Pune, Bangalore, Chennai, Hyderabad, Kolkata, Ghaziabad, Indore, Jaipur, Ludhiana, New Delhi, Chandigarh) across the country and 9821 newly enrolled Chartered Accountants received their certificates during the convocation.

The convocation commenced simultaneously across all locations. The event witnessed live addresses from the Chief Guest, Shri TV Mohandas Pai, Chairman Aarin Capital & Manipal Global Education and CA. Ranjeet Kumar Agarwal, President of ICAI from Bengaluru, and CA. Charanjot Singh Nanda, Vice President of ICAI from Delhi to all the 9821 participants at all 13 locations across the country.

While addressing the gathering at Bangalore, Shri TV Mohandas Pai, Chairman Aarin Capital & Manipal Global Education congratulated newly enrolled Chartered Accountants for achieving this tough milestone and said “You have passed one of the toughest exams in the world and are joining a profession of over 400,000 Chartered Accountants who have brought laurels to themselves, to the institute, and to the country. You are now part of a global community, with 42,000 CAs practicing outside India. As you step out of this convocation, society will look at you with respect because you are leaders, professionals, and bearers of the brand CA.  You are responsible for the financial health of the nation and must ensure that trust in your attestations remains unwavering.”

He further added, “As a CA, you need qualities of both mind and heart to succeed. The most important is curiosity, to continuously learn and solve problems. Second, you must embrace and leverage technology. Third, cultivate excellent communication skills and fourth, uphold integrity in all that you do. Graduating with a CA qualification is a remarkable achievement that few accomplish. It is something very special, and we look forward to the incredible contributions you will make to our profession and our nation”

The ICAI conducts convocation twice every year to award Certificate of Membership to newly enrolled members as bonhomie to the CA fraternity. The convocation is intended to bring young members of the profession under the umbrella of the fraternity of Chartered Accountants and foster a sense of belongingness to the profession and the institute.

Addressing the newly enrolled Chartered Accountants, CA. Ranjeet Kumar Agarwal, President, ICAI said, “Today, we celebrate the convocation of our newly qualified Chartered Accountants, marking a significant milestone in the remarkable growth of ICAI. From 1700 members in 1949 to over 400,000 members in 2024. Today around 10,000 newly enrolled CAs embark on their professional journeys, with ICAI’s global reach allowing members to join accounting bodies worldwide. A plethora of opportunities lies before you, extending beyond the traditional realms of auditing, accounting, and taxation. Exciting contemporary fields such as forensic accounting, sustainability reporting, insolvency and valuation, international taxation, and risk management and much more to explore.

Chartered Accountants play a crucial role in economic growth and national development. ICAI continues to nurture talent and provide vision, striving to be the best accounting body globally. Congratulations to our new CAs, and heartfelt thanks to the parents. Together, let’s make ICAI the best accounting body in the world.”

On this occasion, CA. Charanjot Singh Nanda, Vice President, ICAI said, “As we gather today, we celebrate not only the accomplishments of our newly enrolled Chartered Accountants but also the enduring legacy of ICAI. Established by an act of Parliament on 1st July 1949, ICAI has been a pillar of excellence and integrity in the accounting profession. Chartered Accountants are the financial soldiers of our nation, upholding the highest standards and driving economic growth. Today marks the start of an incredible journey for our new CAs, supported by the unwavering dedication of their families. With technology shaping our profession, we stand on the brink of a future filled with promise and potential. Let us honor our achievements, express our gratitude to those who support us, and look ahead to the bright future we will forge together.”

Over the years, the role of ICAI has evolved significantly to meet changing needs and emerging challenges. Today, ICAI has expanded greatly, creating a vast pool of Chartered Accountants who are indispensable across various sectors of the country’s economy, industry, business, and governance. Through rigorous training and demanding examinations of exceptionally high standards, only individuals demonstrating exceptional knowledge, intelligence, experience, and proficiency in the subjects covered by Chartered Accountancy qualify as Chartered Accountants.