Respected Members of Visakhapatnam Branch
You hold the Veena and a book in your hands, you are adorned with a swan as your vehicle,
By seeing you, may I be blessed with the gift of knowledge and wisdom.”
This verse is a prayer to Goddess Saraswati, seeking her blessings for wisdom, learning, and intellectual growth.
As we step into a new financial year, I want to take a moment to reflect on our journey and share my vision for the road ahead. The past year has been a testament to our resilience, innovation, and teamwork. Together, we have navigated challenges, celebrated successes, and laid the foundation for a promising future.
The global landscape continues to evolve rapidly, presenting both opportunities and challenges. Our commitment to excellence, adaptability, and a forwardthinking approach has positioned our profession at the forefront in the economy of the Nation. As we embrace the possibilities of 2025, let us focus on professional empowerment and enrichment by identifying the untapped areas of practice through learn unlearn and relearn approach.
All India Managing Committee Members Meet – 2025:
ICAI organized the All India Managing Committee Members Meet – 2025 (AIMCMM) at New Delhi on 21st, 22nd and 23rd March 2025. Shri P. P. Chowdhary, Member of Parliament and Former Union Minister, inaugurated the meet. Our beloved and esteemed President CA. Charanjot Singh Nanda, Vice-President CA. Prasanna Kumar D, Central Council Members of ICAI, Chairpersons and Council Members of all five Regions, and Chairpersons and Members of the Managing Committee of 177 Branches were part of the three-day mega event.
Our esteemed President, CA. Charanjot Singh Nanda unveiled the theme for the year 2025- 2026, “VISHWASNIYA”. The theme, as emphasized by the President, is centered around Trust, built on 11 guiding pillars that will serve as the roadmap guiding the Institute through the year toward transformative growth and progress.
• V- Vision for Viksit Bharat
• I - Integrity & Ethics
• S- Sustainability & Social Impact
• H - Holistic Professional and Leadership Development
• W - Wellness & Work-life Balance
• A - Accelerating Digital Transformation
• S - Stakeholder Engagement
• N - Nation-first Approach
• I - Innovation & Entrepreneurship
• Y- Youth and Women Led Development
• A – Accountability, Trust and Transparency
Our Visakhapatnam Branch of ICAI(SIRC) will have its Action Plan aligned with the theme of ICAI and will focus its activities in furtherance of “VISHWASNIYA” in “VISHWAVASU”.
Our beloved Vice-President CA. Prasanna Kumar D highlighted the priorities before the Council and called upon the representatives of Regions and Branches to work towards the theme set by the esteemed President.
The meeting provided insights into the functions of the various Committees of ICAI, the objectives and expectations, the role of the Branches of Regional Councils in sync with the theme of ICAI for the year 2025-2026, immense learning from the experience of the leadership, governance strategies, attaining professional excellence, and effective administration through engaging, enlightening and enriching sessions through expert led discussions. These deliberations profoundly impacted the participants and for following the best practices in strengthening their activities to deliver enhanced services to the members, students, and other stakeholders.
Overall, it was an opportunity for all of us present at the meeting to learn the nuances of administering the activities at the Branch level and align our programmes and functions in sync with the avowed objectives of ICAI. The occasion also provided an excellent opportunity to meet and interact with our counterparts and members from Branches across the country, sharing insightful thoughts and engaging in interesting interactions.
Recap of March 2025 Programmes
Your branch has organised seminars covering topics SME IPO & Opportunities for Chartered Accountants, UAE Business Set up & Compliance, CPE Seminars on Bank Audit, Audit Under CBS, Using excel in Bank Audit, IRAC Norms, Long Form Audit Report (LFAR) Practical Approach, International Women’s Day with the theme- “Aspire Adapt Achieve - Pioneering Change, Setting Trends”. Overcoming Challenges to Become a Successful Woman CA, CPE Seminar NPOs and Charitable Trusts with practical case studies We have also organised Campus Placement Orientation Programme for the Newly Qualified Chartered Accountants.
During the 61st Campus Placement Programme Amara Raja Group had given offer letters to the selected members through the interviews conducted at our branch.
Way forward April month being bank audit season, I wish all the members conducting bank audits make use of learnings from the seminars conducted and in case of any technical support you may please reach us for necessary support in troubleshooting. Sub Committees:
As per the provisions of Direction 26(i) of the Revised Directions of the Central Council regarding Functions of the Branches of Regional Councils, we are in the process of establishing the following subcommittees: Continuing Professional Education (CPE) Committee, Taxation Committee, Newsletter Committee, Information Technology (IT) Committee and Library Committee. These committees are the arms of the branch and assist in branch performance with precision and perfection.
Request the past chairpersons and other members to be part of any of the above committees.
It’s our endeavour to organise various programs on contemporary topics such as AI, use of technology in furthering our profession as enabler, industry specific seminars involving CAs and business owners, trade associations in the days to come. We are working on enlightening our members with a 3600 approach from the concept, execution and then regulatory compliance.
We have received the approval to conduct DISA Certification course at your branch, the classes will commence from April 18th, as the seats are limited to 50 and filling fast, request the interested members to enrol for the course forthwith.
Our newsletter contains comprehensive list of upcoming programs for the month. During the month of April, we are organising few programs keeping in mind the needs of the young members of the branch. I encourage you to follow the schedule carefully. These events cover a wide range of topics, from technical updates to soft skills development. Participate actively, engage with fellow members, and enhance your professional acumen.
I urge all our members to subscribe to the One Time Annual Payment Scheme. This option not only simplifies your financial transactions but also supports the efficient functioning of our branch.
Additionally, we have received a letter of appreciation from the Hon President CA. Charanjot Singh Nanda and our beloved CA. Prasanna Kumar D, Vice President, at the AIMCMM 2025 held at New Delhi. It’s a proud moment for all of us at Visakhapatnam and this is dedicated to all the members contributed to the CABF generously, let us continue our tradition of contributing to the Chartered Accountants Benevolent Fund (CABF). Your generosity can make a significant difference in the lives of our fraternity in meeting their financial obligations to some extent.
Conclusion
The future belongs to those who can upskill their technical knowledge and equipped with latest trends and continuous thrust to learn new things. (Nithya Vidyardhi)
Our journey has only just begun. The true destination lies ahead, testing our resolve and pushing us beyond our limits. I am confident that with our collective efforts, 2025 will be a year of remarkable achievements.



Warm regards,
Sridhar Andhavarapu
Chairman (2025-26),
ICAI Visakhapatnam Branch
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