The Society of Auditors, Chennai is India's oldest body of professionals in the accounting & attestation and is senior even to the accounting regulator of the country viz., ICAI nearly by a generation.
The best known names in the Indian accounting professional arena from this part of the country were not only instrumental in the formation of the Society but also in nurturing it to ensure its steady and influential presence to an extent that the body was a precursor and a trendsetter for many such organisations to germinate, grow and flourish across the country. The Society itself was a persuasive force to the Government of India to even formulate the Institute of Chartered Accountants of India under an Act of Parliament in 1949.
The Society is a sagacious, perspicacious and a serene body that has a wealth of experience behind it, thanks to the several doyens and veterans of yesteryears which the current generation is making effective use of - in conjunction with the modern and futuristic tools of learning and dissemination of knowledge. With a hoary past and a vibrant present, the Society is gloriously nearing its nineties.
Even though a nonagenarian organisation, paradoxically enough, with each passing year of the society, the average age of the members is actually going down, as more of the younger members are enthusiastically participating in carrying on the mantle.
Specific mention needs to be made of the way in which the distressing time of Covid 19 lockdown was effectively converted in to a knowledge augmentation opportunity with a series of webinars arranged by the young turks of the Society, with many members eagerly and interactively participating in them.
The Society of Auditors was formed in the pre-independence era, circa 1927 as an informal group of well-known and respected accounting professionals, then known as Registered Accountants. Th same was formally registered as a Society in 1932 (mind you, we are calculating Society’s age only from its formal birth!) and was the only body of accounting professionals (including the wannabe ones) that was a connect between the profession and the Government.
View more| Topic | Speaker | Date | Venue | Fee | Links/remarks |
|---|---|---|---|---|---|
| "Boxfile Cloud Audit" - Enables Audit Quality & Compliance Adherence to handle QRB, NFRA and Peer Reviews with ease | Show case of tool. |
23 April 2024 05:00 pm |
Zoom Platform | Free | Meeting Link: Click Here For Meeting ID and Password Kindly check mail sent. Purpose of this Discussion: In today's growing economy there is a great emphasis on the audit profession and process adopted to execute audits. It is evident that irrespective of size of the firm, there is a need to demonstrate adoption of strong documentation methodology to exhibit that the auditing standards are adhered to during NFRA, QRB and Peer Reviews. As India is moving towards becoming an economic super power the role of the Chartered Accountants is paramount as they need to keep up with the fast-growing digital transformation. Chartered Accountants need cutting edge tools to help them take the next steps towards helping all their clientele more effectively and efficiently without compromising audit quality. About Boxfile: Boxfile cloud audit software platform is a cost-effective Digital External Audit, Internal Audit, Workflow, Document & Practice Management solutions for the CA firms to conduct high quality and efficient audits. Boxfile has implemented its solutions with few of the Small, Medium & Large audit firms and listed general insurance companies in India. |
