DEVENDRA DARDA AND CHARTERED ACCOUNTANTS

The Managing Director of Lokmat Media Group, Devendra Darda, said that Chartered Accountants are pillar of corporate India since it is necessary for businessmen and companies to consult them before to make an investment, to implement a project, to run a business, or to comply with tax laws. The advice provided by chartered accountants results in tax revenue and creating jobs for a country. That is why Mr. Darda said that chartered accountants are builders of nation.

The director was speaking at the national convention of chartered accountant students as the chief guest. The convention was organized by Western India CA Students Association (WICASA) beneath the sponsorship of Nagpur division of Institute of Chartered Accountants of India. The convention was held at J R Shaw Auditorium.

DevendraDarda described the value of ethics in the profession of chartered accountants (CAs). He said also that chartered accountants should say ‘no’ when they are asked to do illegal or unethical things. Mr. Darda said that because chartered accountants do not say ‘no’ to illegal activities, largest fraud of corporate took place in India at Satyam Computers with numerous shareholders losing their money. He encouraged students to be tenacious while pursuing chartered accountant course. Even though, only 12 percent of students succeed in this course, Mr. Darda said that this figure should not discourage them.

DevendraDarda added also that holding a diploma is not the only condition for getting hired. However, experience and knowledge can also help students to get a job. This means that students who will not succeed the CA examination have many opportunities to get a job. Mr. Darda complimented also the students for choosing this course despite the low rate of success. He asked also the students to enlarge their horizons in developing soft talents such as speaking English fluently since it is the main language of worldwide business. He encouraged the students to dress as the profession requires.

DevendraDarda added that chartered accountant course is the best one in the world since it is a multi-disciplinary course providing academic knowledge and practical training. The course lasts three years. Nilesh Vikamsey, the vice-president of Board of Studies of ICAI, spoke also on the occasion. He asked students to suppress doubts of failing at the examination of CA and rather nurture determination to succeed. He encouraged them to give up the addiction of electronic gadgets while studying.

Devendra Darda explained the way determination pays. He said that when he was working for a small IT company as a Product Development Manager, he received an assignment to connect a product of the company to Dell Corporation. For three months, he tried to meet the CEO of Dell but failed. Even of his boss pressed him to give up; he decided to make another attempt. He wrote an e-mail and sent it directly to the chief of Dell Corp. Since he did not have his address, he composed different permutations and combination of his possible email address and sent the mail. In less than one week, he received a call from the chief and they concluded a deal of $20 million.