THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
(Set up by an act of parliament) NASHIK BRANCH (WIRC)
(Set up by an act of parliament) NASHIK BRANCH (WIRC)
Dear Esteemed Members and Colleagues,
As we step into the month of April and the new financial year 2025-2026, I extend my heartfelt greetings to each one of you. It is both an honour and a privilege to address you as the Chairman of the Nashik Branch, and I am deeply grateful for the trust you have placed in me to lead our vibrant branch. The dawn of this financial year brings with it a renewed sense of purpose, a chance to set ambitious goals, and an opportunity to collectively shape the future of our profession. As we embark on this new chapter, let us unite in collaboration and optimism.
Every new financial year brings new challenges and also renewed opportunities. The journey from becoming a Chartered Accountant and to be a part of nation building is challenging but full of new avenues. Such shall be the objective of us at the Nashik Branch to be a partner in nation building and thrust upon ICAI’s commitment towards the nation, economy and the society. Along with the new financial year we also celebrated the Marathi New Year Gudhi Padwa in the month march. What can be a better beginning to the new financial year where our traditions and ethics come together. I wish everyone a very happy new year and may this new beginning lead everyone to a remarkable journey that has never being imagined of.
The past year showcased your resilience, expertise, and commitment to excellence. Together, we tackled challenges, adapted to technological advancements, and upheld the ethical standards that define us as Chartered Accountants. As we step forward, I am confident that with your unwavering dedication, we will surpass expectations as auditors, advisors, and guardians of public trust.
Before moving ahead, let us pause to remember CA Niken Jobanputra, an enthusiastic member we tragically lost. We pray for strength for his family during this difficult time. His passing reminds us of the importance of work-life balance in our demanding profession. I urge you all to prioritize your health alongside your professional commitments.
On this note, I encourage contributions to the CA Benevolent Fund—a vital resource for supporting our fraternity in times of need. ICAI has always been working persistently for the benefit of its members and is diligently dedicated to their constant improvement and growth. Since 1962, the Chartered Accountants Benevolent Fund (CABF) is the medium through which ICAI is providing financial assistance to the dependants and families of its deceased members. CABF is a unique social security and benevolence program by the Members and for the Members and has played a very crucial role during COVID pandemic, by helping the members and their dependents.
March 2025 was a month of impactful initiatives. We had organized a series of seminars and webinars, including Opportunities for CAs in Dubai, Bank Branch Audit, and we closed the month with a key session on Accounting Standards for Non-Corporate Entities. Students and staff benefited from a dedicated Bank Branch Audit Seminar, while an Investor Awareness Program empowered the next generation. Our celebration of International Women’s Day on March 8 under the theme “Inspire Inclusion” was a highlight—featuring sessions on Unlocking Inner Power and Healthy Living Without Medicine, alongside felicitating women members with 25 years of service. I thank all delegates for their participation and hope these experiences enriched your professional journey. The overwhelming response to our mass job recruitment drive with KTHM College further underscored our commitment to fostering opportunities for B.Com/M.Com graduates and members in practice. I thank all delegates for their participation and hope these experiences enriched your professional journey.
On a national level, ICAI hosted the All India Management Committee Meeting in Delhi, attended by nearly 1,400 leaders of our profession. As Nashik Branch Committee members, we had the privilege of participating in this intensive session. The meeting offered deep insights into the commendable work of our torchbearers at the apex level and provided clear guidelines for branch operations. It was an honour to interact with the Honourable President and Vice President of ICAI, whose vision and encouragement have invigorated us to elevate our branch’s contributions.
April marks a significant period for us as professionals. With the onset of the new financial year, our responsibilities multiply, particularly in ensuring compliance, fostering transparency, and delivering value to our stakeholders. Let us approach our work with renewed energy and integrity, as Aristotle aptly said, “Quality is not an act, it is a habit”. To support you in this endeavor, the Nashik Branch has planned an exciting lineup of events for April, including Certificate Course of 3 days on AI, Workshop on RERA covering basics to advanced insights, one day workshop for senior members on AI, also we are planning Sessions on Wealth & Succession Planning and ROC & Trust Compliance. I encourage all members to participate actively and leverage these opportunities to sharpen your skills and stay ahead in this dynamic landscape.
Our students are the future of ICAI, and I warmly welcome the newly formed WICASA Committee for 2025. Your enthusiasm fuels our growth, and I appeal to members to mentor and motivate students and articles through WICASA activities—offering them exposure and learning opportunities to shape their careers.
Following our tradition, the one-time CPE scheme for 2025 has been circulated. With minimal fees for young members in practice (up to 3 years). Building on the success of our Direct Tax and Indirect Tax study groups, we are launching a Concurrent Bank Audit Study Group this year. I urge you to make the most of it and align your CPE calendar for a fulfilling year ahead.
Beyond our professional commitments, I believe it is our collective duty to give back to society and nurture the world around us. With summer intensifying and water scarcity looming as a pressing concern, I appeal to each of you to adopt sustainable practices —be it conserving water, planting trees, or supporting community initiatives. Small, mindful actions today can create a ripple effect for a better tomorrow.
In Helen Keller’s words, “Alone we can do so little; together we can do so much.” With your expertise and passion, I am certain we will achieve extraordinary milestones in 2025-26.
Thank you for your continued support. Welcome to the financial year 2025-26
With Gratitude
CA Jitendra R Phafat
Chairperson
ICAI Nashik (WIRC)