Chairman Desk

Dear Professional Colleagues,

Greetings and best wishes to each one of you and your family. I hope that you and your beloved are healthy and safe. Despite announcements about successful vaccinations and increasing standardisation of treatment of COVID 19, the need to stay careful remains.

As this is my first communication with all the respected, eminent & distinguished members, So grab this opportunity to extend my sincere thanks to my council members and to everyone for showing their trust and believing in me to serve as your region representative as Chairman of Northern India Regional Council. I am deeply humbled for your support, and I want to assure you that I am going to work day and night to make sure that your concerns are heard and addressed.

This is my believe that when we all work together as family members of one professional fraternity, I know that we can accomplish great and touch the sky with glory. After/during these uncertain and difficult times (COVID-19), my highest commitment is to be a professional voice of the northern region in industry at large.

Our fraternity is one that has been built by our seniors’ compassion toward the profession. Now is the time for us to be united to create lucrative, remunerative jobs, open new avenues for practitioners, good training programs for overall development of especially new members and also to ensure that every student receives a great education because ultimately, they were going to be a future brand ambassador.

I am extremely delighted to inform you all that the Internal Auditing & Assurance Standard Board (IAASB) of our Institute under the Chairmanship of CMA P. Raju Iyer, Vice President of the Institute has come up with the Internal Audit & Assurance Standards (IAAS) in such a short span of time

I express my appreciation to CMA Biswarup Basu, President of the Institute, CMA P. Raju Iyer, Vice President of the Institute & Chairman, IAASB for bringing out these standards and also to and in particular CMA B B Goyal for their valuable inputs and contribution in giving a concrete shape to these standards.

I am sure that these standards will be useful for the members in jobs as well as in practice.

I take this opportunity of wishing you all a healthier, happier and professionally satisfying 2021-22.

Stay safe, stay healthy.

Thanks and warm regards,

Yours sincerely,




The Institute of Cost Accountants of India, Northern India Regional Council 

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