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The Voice of Member… #ThisTimeForProfession


The
Institute of Chartered Accountants of Nepal (ICAN) established under a special
act, The Nepal Chartered Accountants Act, 1997 to enhance social recognition
and faith of people at large in the accounting profession by
raising
public awareness
towards the importance of accounting profession as
well as towards economic and social responsibility of the accountants, and to
contribute towards economic development of the country.

Strong
Institutions are built by strong, honest and self-less leaders. When weak
persons are elevated to higher positions, they not only undermine their
sanctity, but even make such Institutions irrelevant.
And
the reason is that we don’t elect leaders. Instead, we elect the person best
referred to us.
Going
though the objectives of our Institute as, which we represent equally;

Ø 
To play the role of regulatory body of
the members to carry on profession within the limit of code of conducts;
Ø  To
develop, protect and promote the Profession and make the members responsible
towards the profession;
Ø  To
provide quality professional education to the professionals with international
norms and practices;
Ø  To
support the government with the constructive suggestions the formation and
revision of legislation in regards to commerce, trade, accounting, revenue etc;
Ø 
To support the economic development
process by increasing the confidence among investors and general public.

Which
seem not up to the mark, where they need to have been.
We
are going through major following problems decreasing our
professional’s dignity with no value even at the level of accounting and
auditing profession:

*     
Lack control on code of conduct (i.e
Control on Limit of No. of Audit, Control in Auditing Double Financial
Statements, One Man one Profession etc)
*     
The Institute losing its Authority and stands
before various regulators;
*     
Our own Govt. criticizes us and ignores
the contribution of CA profession in nation building.
*     
The value of services we offer (compromise
in quality due to cheap competition among and within us), gets seriously
impacted;
*     
The growth of the Institute getting
stalled;
*     
General loss of professional
opportunities;

I
request all the members to take these issues seriously and stand together for
an expected Change to be brought at. We need honest and strong members to be a
leader to lead with professional qualities and can take our Institute to
greater height with a clear vision and determination. The Government must
recognize us as Partners in progress and view us as problem-solvers, not
just an Auditor
. Audit is just the minor part of our assignment, we
have a long go beyond just an Audit. The regulators must depend on us and
recognize our professional qualities and traits.

Dear Members
We
together need to raise a voice against various issues being faced which need to
be improved or eradicated for the betterment of our profession as well as for
the Professionals within our Institute and an Association.

As
of now, on the 7th of Magh 2075 (Corresponding January 21, 2019),
Monday, The Association of Chartered Accountants of Nepal (ACAN) is
going to Organize at Hotel Yad & Yeti, The CA Conference for Consolidation
of all the Professionals, Government Delegates and Numbers of Other
Stakeholders Nationally for the welfare of National Economy on a single
platform to the delight of the Participants, so that everybody could lead in
the their own capacity to take the nation to the greater heights.

With
the Tag of This time for Profession the Association is trying to cover
up all of its Members inclusively in whatever way. Let us contribute something
for our Profession to enhance and create new opportunities in the various
sectors of national building.

This
could be the one of the best platform for our Profession to extend our
competency and our strength among others.

The
Conference with the CA Profession theme is one of the First National Conference
being held. I would be very happy to be the part of this conference and further
would like to raise The Voice of Members, This time for Profession at one roof
and extend sincere invitation to be a part while preserving your health and
happiness. Such kind of Conference might help our Profession as well as our
Professional to reach to the remarkable height.

Furthermore,
I would like to request our fellow and associate members to make a small
contribution which you would like to seek a change or want to improve in
written at the office of the ICAN or ACAN, so that those issues will be
collected and then consolidated for further stands.
At the same time I could not stop myself from quoting
a famous citation by Warren Buffet;

‘HONESTY IS A VERY
EXPENSIVE GIFT,
DON’T EXPECT IT FROM CHEAP
PEOPLE’
We expect everyone’s support, suggestion, guidance
and stand together for a good change for our profession and the professionals.
#This_Time_For_Profession
CA Loken Ayer

Practicing Chartered Accountant

प्रतिक्रिया दिनुहोस्