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BCA Journal
August 2010, Journal Index
Aug 10

 
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Bombay Chartered Accountants’ Society (BCAS) was established as a voluntary organization on 6th July 1949 and presently has over 8,000 members from all over the country. It caters to the needs of its members in particular and the tax paying public in general. It ensures that its members keep pace with the changing times. It also provides courses for self-development for its members and CA students

Every year the Society publishes a Diary and Referencer along with a CD, which has proved to be an invaluable guide to all professionals and others in the industry. BCAS also publishes its monthly journal titled ‘BCA Journal’, has a subscription of more than 12,000. It is subscribed by not only its members but also by various corporates and the Tax Department.

BCAS makes representations to various authorities on different laws as well as on procedural issues, with a view to making them just and friendly to the general public. The representations include pre and post budget memoranda to the Ministry of Finance, Government of India, Ministry of Company Affairs, etc. Senior officials of these ministries also visit BCAS regularly for interaction on proposed changes in the laws and for an effective implementation of the changes effected in these laws.

BCAS runs a 100 hour educational programme of Internal Audit Studies in association with Wellingkar Institute of Management Development and Research, a 2 month course on Double Taxation Avoidance Agreements, a 2 month intensive study course on Accounting Standards along with Indian Merchants Chamber, a 3 month course called Professional Accountant course to train graduates and semi-qualified professionals to improve their job prospects along with H.R. College of Commerce & Economics and a 3 month course for Independent Directors in collaboration with S.P. Jain Institute of Management Research. It has also conducted the Independent Directors Course for the Ministry of Defence to train their senior officers on this subject. BCAS has conducted 8 batches of the 6 month formal Education Program of Business Consultancy Studies in collaboration with Jamnalal Bajaj Institute of Management Studies, culminating with a certificate from the University of Mumbai. BCAS has also conducted a 3 month course on Arbitration, Conciliation and Mediation. Other similar long duration courses which would sharpen the skills of members and others are also under active consideration by BCAS.

Apart from a large number of seminars, workshops, lecture meetings, BCAS runs clinics for solving problems of non-profit making organizations, for guiding people on Right to Information Act and also for solving difficulties of young Chartered Accountants arising in conduct of audit. BCAS besides holding revision classes for CA students in association with the Regional Council of the Institute of Chartered Accountants of India, also holds regular training sessions for them to develop their skills on professional and other subjects.

The website of BCAS viz. www.bcasonline.org, apart from giving the latest news, circulars and notifications relevant for professionals, also contains a “Knowledge Portal”, which serves as an excellent source of information for its members and others.

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