The Chartered Accountant

CA. Ved Jain, the President of Institute
of Chartered Accountants of India
(ICAI), has been appointed as a Member
on the
Board of International
Federation
of Accountants
(IFAC)
for a term
of 3 years
from 13th
November
2008. The
announcementregarding
this prestigious appointment was made
during the IFAC Council meeting held
on 12th-13th November 2008 at Rome,
Italy. His appointment to the board of
IFAC is a recognition of his qualifications,
technical skills and competence.
IFAC, the global organisation for the
accountancy profession, works with
its 138 members and 20 associates in
123 countries and jurisdictions to protect
the public interest by encouraging
high quality practices by the world’s accountants.
ICAI is one of the members
of IFAC. IFAC members and associates,
which are primarily national professional
accountancy bodies, represent
2.5 million accountants employed
in public practice, industry, commerce,
government, and academia.
CA. Ved Jain is a rank holder in both
CA Inter and CA Final. A Triple Bachelors
Degree Holder, he has done his
DECEMBER 2008 952 THE CHARTERED ACCOUNTANT
EDITORIAL
CA. Ved Jain, President ICAI, Appointed on Board of IFAC
Bachelors of Science from Punjab University
in 1973. A true follower of Continuous
Professional Education, after
completing his Chartered Accountancy
in 1973, for the love of the subject he
did his Bachelors of Arts in Economics
in 1979. Thereafter, he completed his
Law Bachelors Degree in 1980 from
Delhi University. A Fellow Member of
ICAI with more than three decades of
standing, CA. Ved Jain was elected to
the Central Council of ICAI for the first
time in 2004 and thereafter in 2007.
CA. Ved Jain, 55, who took over as the
President of ICAI for the year 2008-
2009 on February 5, 2008, is actively
associated with regional accountancy
bodies as well. He is on the Board of
Confederation of Asian and Pacific Accountants.
He is also on the board of
the South Asian Federation of Accountants
(SAFA) Assembly.
He is also a member of the National
Advisory Committee on Accounting
Standards constituted by the Ministry
of Corporate Affairs, Govt. of India.
He is also a member of the Governing
Body of National Institute of Public Finance
and Policy besides being part of
a number of other high level committees
constituted in national economic
interest.
CA. Ved Jain, who has steered the ICAI
to new heights both nationally and internationally,
has already been making
significant contributions as a member
of the Developing Nations Committee
of the IFAC since January 2008.q
THE CHARTERED ACCOUNTANT 952 DECEMBER 2008