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Welcome to Indian Accounting Associations

President's Message                                                                                                                                                  

Dear Members,

Greetings!

I'd first like to wish you all a Happy New Year 2017 and thank each of you for giving me an opportunity to serve the Indian Accounting Association (IAA) as a President.

Today, IAA is one of the most influential associations in the world of Accounting and Finance globally. This is because of the dedicated efforts of our Past Presidents, EC members, office bearers, Branch Chairpersons as well as Secretaries and the members at large. As a Life Member of IAA, I am well aware of their contribution over the last two decades. Inaugurated on February 14, 1970, the Association crossed several milestones over a period of time like building a wide network of branches across the country and gathering a huge corpus of funds including crores of rupees, all under the dynamic leadership of Prof D. Prabhakara Rao as the General Secretary. The strength of this Association is its ever-growing membership of around 5000 resourceful members as of now. By 2020, when the Association would complete fifty years, this number is likely to cross 12,000.

With rapid growth in the economy, careers in the field of Accounting and Finance have gained tremendous popularity as one of the most prestigious career options. IAA is an excellent family of members from academic organisations, professional bodies as well as Government departments, teeming with ideas and enthusiasm to affect sustainable policies in the financial frontiers of nation building. The academic institutions help in providing the much needed support in the domain of teaching and research. The professional bodies are accredited with applied knowledge in the ever changing legal and behavioral framework for better governance. This association strives to bridge the gap between theory and practicality, while focusing on the emerging developments in the financial markets across the globe. Hence, IAA is proficient in fostering confidence of various stakeholders by disseminating high quality of research findings in different All India Conferences and International Seminars.

At the 39th All India Accounting conference of IAA held at Bangalore University, resourceful presentations and lively discussions took place in various technical sessions. The first Technical Session was about ‘GST and its Implications’; the second pertaining to the ‘Ethical Issues in Accounting’ and the third Technical Session revolved around ‘IFRS and their Implications’. An International Seminar on Accounting Education and Research was also held in the same.

Topics of burning interest will be focused at in the 40th All India Accounting Conference, to be held at Mohanlal Sukhadia University, Udaipur. These would include ‘Demonetization: Issues and Challenges with special reference to accounting and finance’ in the first Technical Session, ‘Accounting for Local Government’ in the second Technical Session and ‘Cloud Computing and Accounting’ in the third Technical Session. This would be followed by another International Seminar on Accounting Education and Research.

We request the members of the Association to attend same in large numbers and contribute to accounting research paper presentations. I seek your suggestions for any improvement required for the IAA constitution amendment.

On behalf of all of us, I congratulate our Past Presidents, Prof Nageshwar Rao for occupying the coveted position of Vice-Chancellor of Uttarakhand Open University and Prof Pratap Sinh Chauhan on attaining the prestigious Vice-Chancellorship of Sourashtra University. I would also like to take this opportunity to congratulate our other IAA members who have also been appointed as Vice-Chancellors in various other Universities.

I acknowledge the strong support of Prof. Gabriel Simon Thattil, Prof Sanjay Bhayani and Prof S.S Modi as General Secretary, Treasurer and Chief Editor, respectively. Moreover, I would like to express admiration for the laudable efforts put by Prof. Sanjay Bhayani in creating an impressive website for the Association also.

Looking forward to a warm reunion at the 40th All India Accounting Conference, being held at Mohanlal Sukhadia University, Udaipur, with Prof. G. Soral as the Conference Secretary

Best regards,

Prof. Arvind Kumar,
President: IAA &
Dean Faculty of Commerce
University of Lucknow, Lucknow.

 

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