ICAI should strive to spread financial literacy: Venkaiah Naidu – The New Indian Express


Through Express news service

KOCHI: Vice President Mr. Venkaiah Naidu urged chartered accountants to explain accounting, finance and auditing to people in plain and easy language as these topics deal with many numbers and a maze of rules.

“The Institute of Chartered Accountants of India and its members and students should also strive to spread financial literacy among the masses. In recent years, technology has made a significant foray into the accounting and finance functions.

Therefore, the new generation of accountants must be extremely tech-savvy and receptive, ”Naidu said after laying the foundation stone of ICAI Bhawan in Kochi on Monday. “With the changing times, new dilemmas arise for the profession.

It requires chartered accountants to focus on ethical decision making, ”he added. In the post-Covid world, India has multiple strengths to demonstrate a new corporate saga. “India, with its 65% population under 35 and a stable government, is emerging as a fast growing economy. A well-connected banking system and internet penetration even in remote villages are factors that boost our economic development, ”Naidu said.

Governor Arif Mohammed Khan, Union Minister of State V Muraleedharan and Minister of Industries P Rajeeve also spoke. The deputies Hibi Eden, Thomas Chazhikadan, the mayor M Anilkumar were present.


Louis R. Hancock