Page 6 - 1st Quarter 2023 - Recap

Issue from 01 April 2023 to 30 June 2023 (for private circulation only)

Auditing” gave the members an opportunity to interact with Mr. Abdullah AHammadi,
Director of Auditors Department at the Ministry of Economy along with panelist Mr.
Abdelrahman Elfeky, Senior Specialist in Governance and Public Policy and Ms. Hanan
AlThuwaini, Executive Studies and Research, on the subject matter.

During the first quarter, two study tours were organized for members, the Kerala study tour and
Pattaya study tour. The two enriched knowledge around the historical significance amid natural
beauty and its people. As part of the CSR activities, the chapter distributed Iftar meals in a
designated labor camp during the holy month of Ramadan. All focus groups were reorganized,
Respected Members,
and events have taken place within the tax and compliance sector along with the BFSI &
Insurance sector.
It gives me immense pleasure to present our first Quarterly
Newsletter for the year 2023-2024. The newsletter will narrate
To balance work and play, the ICAI Dubai Chapter organized various sports activities such as the
the various events, activities, and achievements during the first
ICAI Cricket Tournament 2023 and ICAI Badminton Tournament 2023 for both sportsmen and
quarter April-June 2023 keeping in line with the vision of this Chapter
sportswomen in our fraternity. The quarter was memorable and enriching with many new & old
for the year.
friendships that promoted healthy team building amongst all.

The theme of the 41st Year being “SusTech through Innovation”, i.e. Sustainability through
To amplify the brand value of ICAI Dubai Chapter and integrate the profession into UAE’s
Technology and Innovation” is focused on building and innovating sustainable ideas and
business community, various media houses were engaged to publish the news of the chapter’s
products, which improve efficiency and quality of life for all. Considering what the pandemic era
events and its activities in April throughout local newspapers and other digital print media.
has taught us, businesses must innovate to be prepared for the unexpected and, at the same
time, ensure uninterrupted workflows. The focus is to give technology the due importance it
Sustainable living is a journey that requires continuous learning, adaptability, and collaboration.
deserves to make the profession more transparent with less human intervention making it more
By implementing these practices and inspiring others to do the same, we can contribute to a
sustainable for the long-term.
greener, healthier, and more sustainable future for all.

The Managing committee had a variety of CPE events planned for its members and the very first
Learning and growing together while prioritizing sustainability is not only beneficial for the
event, “Bridging the GAP- Health & Wealth” was a significant milestone which gave an
environment but also for our overall well-being and future generations so I look forward to your
opportunity to learn from eminent Speakers, Nutritionist and Celebrity. Each of them brought
continued participation at all the forthcoming events to be organized by the Managing
their different perspective and their unique take on how heath and wealth can be amalgamated
committee of The ICAI Dubai Chapter.
for overall wellbeing.

With best wishes,
An important topic affecting all Chartered Accountants in the profession is the extent of ease in
CA Harikishan Rankawat
obtaining an audit license. The Managing committee is making all necessary efforts to get this
Chairman
point addressed in the best possible manner. The meeting with the ICAI India leadership and
ICAI (Dubai) Chapter NPIO
visit of ICAI Vice President CA Ranjeet Kumar Agarwal to Dubai was a testimony of our efforts
furthering towards a positive direction. Additionally, the event on “Emerging Standards of

01 April 2023 to 30 June 2023 RECAP
1 QUARTER
ST
6 www.icaidubai.org