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ICSI notifies 40th Annual Report and Audited Statements of consolidated accounts along with the Auditors’ Report [Read Notification]

Auditors - Repor - ICSI - Annual Report - consolidated accounts - Taxscan

The Institute of Company Secretaries of India (ICSI) notified the 40th Annual Report and audited statements of consolidated accounts along with the Auditors’ Report for the year ended March 31, 2020.

The report said that CS Ashish Garg and CS Nagendra D. Rao was elected by the Council as President and Vice-President respectively of the Institute with effect from January 19, 2020. The Council held 9 Meetings during the Financial Year 2019-20.

The ICSI with the aim of updation of knowledge and capacity building of its members conducted Professional Development Programmes, Seminars, Webinars, Workshops, Training Programmes, Management Skills Orientation Programmes, Class Room Teaching, Study Circle Meetings, Regional and State Conferences, Career Awareness Programmes and Investor Awareness Programmes.

“In addition, they focused on areas like up-gradation of library systems, publication of news bulletins and e-newsletters, and providing of assistance to the members seeking placement by way of organizing placement drives and HR Conclaves,” the Institute reported.

The ICSI reports the initiatives undertaken for improvement of Infrastructure with regards to Head office, priority Fixing for Acquisition of Land/Built-up property for Chapters as per approval of the Council, and Regional/ Chapter Offices.

The 20thNational Conference of Practising Company Secretaries was organised at Bengaluru on 5th and 6thof July 2019 on the theme “Expanding Dynamics of professional Excellence”. The Conference was attended by over 500 delegates. The Awards for Best Regional Council and Best Chapters for the year 2017 were also presented during the event. The event marked the launch of various significant initiatives of the ICSI of the likes of Unique Document Identification Number (UDIN) Portal, Employee Company Secretary Identification Number (eCSin) Guidelines c. Company Secretary in Practice Ready Reckoner, Best Secretarial Audit Report Award, Revamped ICSI Website and PCS Portal.

The ICSI reported that for the first time has introduced a mandatory One day orientation program for Executive and Foundation Programme students. Now every student who is getting enrolled into the CS course shall have to compulsorily undergo this program immediately after the registration.

The Institute in order to train the newly inducted trainers has launched the Training of the Trainers (TOT) Programme. The TOT is a kind of induction program for newly registered trainers of ICSI for imparting practical training to CS students. The first TOT program was organised on 19th October, 2019 at HQ in presence of the President and Secretary. Approximately 30 registered trainers participated in the TOT programme. The objective of the programme was to guide how to deliver the training; to apprise them of 4 Ps of training, i.e., Purpose, Planning, Presentation and Performance; to apprise what is expected from the trainer while imparting training, and to suggest how to evaluate the performance of trainees and how to remove their shortcomings.

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