In a monthly Newsletter issued by Institute of Chartered Accountants in India ( ICAI ), the President Naveen N D Gupta has advised all Chartered Accountants to Rekindle the Credibility as Core to our Existence and Growth.
Recently CA’s role in many scams is scary. The role of CA’s in PNB scam is under ICAI’s scanner.
In the letter, he said that “With a spurt in the economy and increased reliance on the role of the profession, there started the issue of expectation gap or should I say perception gap. We need to rekindle the credibility as core to our existence and growth. Hardcore virtuous professional conduct and our faith in strong enforcement of the framework of the Act will evolve us to be stronger”.
“CA profession owes its sustainability to the strong regimen of ethics. Time of disruptions is a time for introspection and taking corrective actions if so needed. Let us all pledge to stand united in our avowed task of being guardians of financial probity. As your first constituent, I consider it my moral duty to start my first communication on a note of awareness to take all possible steps, if so needed, to continue enjoying the confidence and trust of our stakeholders. While I assure the fraternity of the unstinting efforts by Council, its Boards, and Committees, you all have an equal role in upholding and abiding by the virtues which have brought glory to the profession so far”, he added.
