Hi Readers, Newton Baker said "The man who graduates today and stops learning tomorrow, is uneducated the day after." The world of accountants is not the same, as was used to be in early nineties. It has been changing and changing very fast. It has not been the same as it was before, and it would not be same tomorrow as it is today. It has been facing challenges of increasing globalization, continuing revolution in Information Technology, changes in economic order, public and press activism, and the ever-increasing expectation gap. These challenges threaten and call for a paradigm shift in the contours of the accounting profession. The concept and practice of accounting and auditing in form, context and content has undergone a significant change and the change is expected to be a continuing phenomenon. Never before in the history, the profession was subjected to microscopic scrutiny worldwide as happened in the post Enron era. Again the concerns for public interest in the accounting profession have never been pronounced so loud and clear. I request you to join the group and make our members a happy place for all. With regards CA BHUPENDRA SHAH [9322507220][022-23007738][ INTERCOM NO. 0601] Mumbai INDIA.
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