Passion to serve theprofession and society

Initiatives duringthe first council term- 2019 to till date

CA (Dr.) Singhal Sanjeev Kumar9811565606 sanjeevsinghalca1997@gmail.com

Key responsibilities at ICAI

Chairman

Vice Chairman

Member of various committees

• • Sustainability Reporting Standards Board 2020-22• • Committee for Members in Practice 2021-22• • Regional Capital Expenditure Committee 2019-20• • Rohini Building Committee 2019 till date• • Co- Chairman, Gurgaon Building Committee 2019 till date

• • Accounting Standards Board 2019-22• • Committee on Public and Government Financial Management 2019-20• • Committee for Members in Entrepreneurship and Public Service 2021-22

• • Audit Committee

• • Auditing and Assurance Standards Board

• • Banking, Financial Services & Insurance Committee

• • Committee for Export of CA Services and WTO

• • Committee for Members in Industry and Business

• • Committee on Capital Markets and Investors’ Protection

• • Committee on Economic, Commercial Laws and Economic Advisory

• • Committee on Insolvency and Bankruptcy Code

• • Committee on International Taxation

• • Committee on Management Accounting

• • Corporate Laws and Corporate Governance Committee

• • Digital Accounting and Assurance Board

• • Ethical Standards Board

• • Expert advisory Committee

• • Finance Committee

• • Ind AS Implementation Committee

• • Expert advisory Committee

• • Taxation Audits Quality Review Board, etc.

Accounting Standards Board

Sustainability Reporting Standards Board

• • Issued standard on Assurance Engagements (SAE) 3410 – Assurance Engagement on greenhouse gas statement

• • Background material and certificate course on Business Responsibility and Sustainability Reporting (BRSR)

• • Started sustainable literacy drive for household, MSME and CA

• • Issued world’s first sustainability reporting maturity model 1.0

• • Conducted national and global webinars

• • Taking each AS and Ind AS learning to doorstep through video lectures and podcasts

• • Reduced online certificate course fees on IND AS from Rs. 30,000 to Rs. 7,000

• • Issued COVID-19 related detailed accounting and auditing advisory

• • ITFG - clarification bulletins

• • Educational material on various IND AS

• • Introduced the concept of social stock exchange

• • Working with SEBI and Niti Aayog

• • Created new opportunities for CA in:

• • Sustainability assurance

• • Sustainability advisory

• • Social impact audits

• • Social stock exchange advisory

• • Significantly simplified AS for non-corporate entities to ease compliance burden on small and mid size firms

• • Conducted large number of national and global webinars

• • Issued IND AS and AS compendium, overview and disclosures checklist book

Committee for Members in Practice

35 types of welfare and discount schemes

Insurance schemes

Healthcare services

Finance products

Products/services

1 New India Medical insurance

2 LIC term insurance

3 New India Personal accident insurance

4 New India House holder’s insurance

5 New India Motor vehicle insurance,

6 New India Professional indemnity insurance

7 New India Office protection shield insurance scheme

8 ICICI Lombard Health Insurance (Health Shield 360)

9 ICICI Lombard Super top up (Health Shield 360)

10 ICICI Lombard Cyber Security insurance

11 HDFC life term insurance (Group Poorna Suraksha)

1 Diagnostics and related healthcare test by Dr Lal path lab

2 Healthcare services by Medanta

1 Credit card facility

2 Loan facility

3 SME Finance for CAs under CLP by SBI

1 Discount on travel by “Ease my trip”

2 Exclusive offer on Electronics product by Samsung

3 Books by Commercial law publishers

4 Books by Bharat law house

Committee for Members in Practice

35 types of welfare and discount schemes

Softwares at significant discounts

For more details visit the link: https://cmpbenefits.icai.org/

1 Tally software solutions

2 Integrated GRC product suit software

3 Simplify practice management software

4 Papilio software

5 XBRL software

6 Quick heal antivirus protection facility

7 GST annual return software

8 All in one accounting & compliance software

9 Research map software

10 Automatic accounting confirmation and reconciliation software

11 GST software

12 Count magic software

13 TDS Software

14 Accounting Software

15 EFF factor practice management software

Technology initiatives for building digital audit tools such as: • • Audit documentation tools software• • Data analytics tool• • Practice management software• • Digital library

Three virtual certificate courses on:• • Working Paper Management• • Wealth management & financial planning• • Preparation of appeals, drafting of deeds & documents and representation before

appellate authorities and statutory bodies

Committee on Public and Government Financial Management

Key publications• • The conceptual framework for general purpose financial reporting by local

bodies

• • Preface to the accounting standard for local bodies

• • E-learning modules on basics of accrual accounting for local bodies

• • Quick Insight on accrual accounting

• • Compendium of accounting standards for local bodies (ASLBs) Volume – II

Issued 12 standards in a single year and achieved convergence with IPSAS

Certificate course on Government accounting

All India Conference covering more than 15 states- largest ever gathering of Govt officials in local bodies at one place

Infrastructure Projects

Rohini Building Committee• • Building construction at Rohini commenced that was pending for more

than a decade

• • First ever green building of ICAI

• • Construction likely to be completed by March 2022

Co- Chairman, Gurgaon Building Committee• • Building construction at Gurgaon commenced that was pending for more

than 5 years

• • Construction likely to be completed by March 2022

Regional Capital Expenditure Committee• • Approved the capital expenditure budget promptly for all branches in

northern India helping speed up pace of infrastructure development

National and International representation

Represented the country in the meetings of various international groups such as

a) International Accounting Standards Board (IASB)

b) Asia Oceania Standards Setters Group (AOSSG)

c) Emerging Economies Group( EEG)

d) World Standard Setters(WSS) meet

e) ASEAN Federation of Accountants (AFA)

f) South Asian Federation of Accountants (SAFA)

g) World Accounting Forum , etc

Representing the profession on the Consultative Committee of the Natural Resource Accounting Cell, Government Accounting Standards Advisory Board (GASAB)

Representing the profession on the Sustainability Finance Sectional Committee (SFSC), MSD 18 constituted by the Bureau of Indian Standards as Principal Member

Working as a member of the ‘Expert Advisory Group’ on the project ‘Private Sector Integration of SDGs’ organised by Niti Aayog in collaboration with the United Nations Residents Coordinators

Working as a member ‘Technical Group on Social Stock Exchange’ constituted by SEBI

Key initiatives taken as member of various committees

Initiatives for members

• • Special assistance scheme up to Rs 1.5 lakh for members suffering with COVID-19

• • New dedicated portal for CABF applications

• • Increased CABF support from Rs 7,500 per month to Rs 15,000 per month

• • ‘WE CARE’ schemes for medical & financial assistance for members above 75 years

• • Compliance for CPE Study circles simplified – now permitted to register as AOP

• • Academic equivalence to Chartered Accountancy qualification with the Post Graduate degree

• • An option to pay 10 years membership fees at one go

• • Digi locker provided to enable access to various key documents

• • Offered free of cost structured CPE hours through Digital Learning Hub

• • Various women empowerment programmes organised along with SETU to bridge the gaps between Women Members and Practicing CA Firms.

• • Started virtual batches and Examination for Certificate courses through DLH

• • Free Virtual structured/unstructured CPE Hours

• • New code of ethics in line with the international practices launched on 1st July 2020 after a decade

• • E-hearing of disciplinary cases started

• • First ever Forensic Accounting and Investigation Standards developed in the country

Key initiatives taken as member of various committees

Technology initiatives

• • Digital Learning Hub become fully functional now

• • Self-service portal (SSP) - ICAI’s Members and Student services made online

Initiatives for CA Students

• • Free virtual live and recorded sessions

• • Free Live Revision Classes (LRC) on virtual mode

• • Moved towards 100% digital evaluation in ICAI examination

• • Industrial Training Period extended from 11 months to 18 months

• • Rs. 100 Crore earmarked for scholarship to CA Students

• • Full fees waiver for students who lost their parents during COVID 19

Other measures for enhancing opportunities

• • Concept of representative office (RO) started. 3 New chapters and 27 RO launched. Took ICAI presence from 29 to 43 countries

• • Networking guidelines for CA firms for capacity building of CA Firms

• • MDP permitted, can have CS, ICWA, Lawyers, Engineers, Architects and Actuaries as partners

• • New MRA signed with ICAN (Nepal) and MICPA (Malaysia)

• • MOUs signed with VRC Netherland, CPA Papua New Guinea and Higher Colleges of Technology, Dubai

Quoted 29 times in

• • The Economic Times

• • The Times of India

• • Hindustan Times

• • Business Today

• • The Indian Express

• • Financial Express

• • Business Standard

• • The Hindu Business Line

Topics covered

• • The Asian Age

• • The Telegraph

• • Deccan Chronicle

• • Outlook India

• • Mint

• • The Smart Investor

• • Khaleej Times

• • CARO 2020 reporting

• • Raising insolvency threshold to Rs 1 Cr to help small companies

• • As India goes into lockdown book closure becomes a problem

• • Govt notifies accounting standards for small, medium businesses under companies act, 2013

• • Sustainability reporting formats

• • Suspending IBC process for 6 months

• • Reskilling key for CAs to handle changes in accounting standards

• • Industry calls for extended financial year

• • ICAI issues norms for auditors to assess going concern, key audit matters

Coverage in Newspaper

Media coverage in newspapers-some technical quotes

25-March-2020

27-Feb-2020

2 - June - 2021

Delhi 25 M

ar 2020

Initiatives of CA Parivaar for members and students

Career Helpline

Free certificate courses on :

• • Ind AS

• • EXCEL

• • Direct and Indirect Tax

Free Digital Books on :• • Compendium of

Modifications, EOM and KAM in Audit Reports

• • Guide to COVID-19 disclosures in Auditor’s Report and Financial Statements,

• • A Quick Reference Guide to ICDS

• • A Look at Union Budget 2021-2022

Educational Poster on:• • Disciplinary cases

• • Common errors in financial reporting

Regular mailer on Job, Professional opportunities & Professional updates

Ask the expert series

Various helplines and other social initiatives started during COVID-19

Sanjeevani Ambulance

Yoga, Meditation and Counselling

Meals andDry Ration

Oxygen Cylinders and Concentrators

PPE Kits,Sanitizers and Masks

ArrangingHospital Beds

Guidance on Financial matters

Criticalmedicines

Oxygen Plant atMuni Maya Ram Jain Hospital, Pitampura

Scholarships to students

Plasma Helpline Ekal Vidalaya

Media coverage - Story of CA Parivaar

Glimpses of Council Journey

Glimpses of Council Journey

Glimpses of Council Journey

Glimpses of Council Journey

Brief profile

CA (Dr.) Singhal Sanjeev KumarFounder CA Parivaar | 9811565606 /Sanjeev Singhal /Sanjeev Singhal /Sanjeev Singhal /Dr. Sanjeev Singhal/ sanjeevsinghalca1997@gmail.com

Educational Background

Professional Experience

• • FCA with 23 years of experience

• • B.Com. (Hons.) from SRCC, Delhi University Topper

• • Articleship from A F Ferguson, Delhi

• • M Com. Department of Commerce, Delhi School of Economics

• • PhD in International Finance from Faculty of Management Studies, Delhi

• • Certificate course on IFRS from ICAI

• • Received more than 100 merit certificates for academic

• • Achievements and extra curricular activities in school and college

• • Industry experience :

• • Vice President, Finance at Cyber Media

• • Executive Vice President Finance at Religare

• • Vice President at Jubilant Life Sciences, etc.

• • Worked as Partner with BL Aggarwal Sohwasia and Co.

• • Worked as an associate professor at FORE School of Management

• • Currently working as Partner, S R Batliboi & Co. LLP, Chartered Accountants

Brief profile

Books and Papers

Contribution to Society at large

• • Has over 14 books published by leading publishers including Bharat Law House, CCH, Lexis Nexis, Bloomsbury etc., on Ind AS, IGAAP, Schedule II to the Companies Act,2013, revised Schedule VI, etc. to his credit

• • Has published several research papers published in leading journals and ICAI publications

• • CA Parivaar led the Covid 19 relief measures from the front during first & second wave of Covid 19, in the form of

• • Free food packets, sanitizer, mask and PPE kits

• • Meals and dry ration

• • Arranging critical medicines

• • Free Sanjeevani ambulance

• • Oxygen plant at Muni Maya Ram Jain Hospital, Pitam Pura

• • Arranging hospital beds

• • Yoga, meditation and counselling helpline

• • Financial matters helpline

• • Scholarship schemes for CA students, etc.

• • Volunteer at ‘Can Support’ working for Cancer-affected people

• • Trustee at Shri Krishna Ayurvedic Hospital, Charkhi Dadri, Haryana & at Shri Vaishya Vikas Parishad, Delhi

• • Trustee and Volunteer at the Blind Ashram, Ghevra, Delhi

• • Instituted several scholarships at SBM School, Delhi

• • Started a school under Ekal Vidalaya

• • Member, SEBI task Force on Social Stock Exchange

• • Member, Niti Aayog panel on Sustainable Development Goals (SDG) for private sector

• • Member, MCA IBBI Group on insolvency indicators

• • Member, C&AG Natural Resource Accounting Cell

• • Member, Bureau of Indian Standards (BIS) Committee on Sustainable Finance

• • Represented India at following international forums:

• • World Accounting Forum, Dubai

• • World Standard Setters Meet London

• • IFASS Meeting, London

• • ASB, Nepal

• • IFAC meet on sustainability

• • PAFA meet on sustainability

• • Ministry of Finance, Bhutan

Brief profile

Contribution to Profession

• • Member, ASEAN Federation of Accountants, Nominating Committee for the Standard Setting Board

• • Government Nominee at NACAS & contributed towards resolving industry & professional interest issues

• • Special Invitee, CARO group, set up by MCA

• • CA Professional Achiever Award 2014 for outstanding contribution to industry

• • NIRC Best Faculty Award

• • Winner of Prof A B Ghosh Prize for highest marks in Economics Group Papers

• • Delhi University Topper; received Prof Jai Narain Vaish Gold Medal Award

Awards

• • SAFA Conference

• • Asian Institute of Technology, Bangkok

• • Emerging Economies Group, China

• • Contributed as convenor of 26 study groups of ICAI and also brought out 12 standards for local bodies

• • Leading the development of audit tools and digital library for SMPs

• • Prior to joining ICAI central council, Contributed as Co-opted member and special invitee of Board of Studies, ASB, AASB, Ind AS Implementation committee, ITFG, Corporate Laws Committee, Research Committee of ICAI for a period of 10 years

• • Contributed as CII nominee on Auditing and Assurance Standards Board of ICAI & acted as the resource person for developing several guidance notes

• • Contributed as Member, CII, National Financial Reporting Committee, Member CII National CFO Committee & Chairman, CII Sub Group on Accounting & Auditing Standards on matters concerning industry

• • Addressed more than 1,050 seminars on accounting standards, Ind AS, IFRS, IPSAS, revised Schedule VI, Schedule II to the Companies Act, 2013, Auditing Standards, etc. across India, Bhutan, Nepal, Bangkok, Dubai.

Brief profile

Vote, Support and Elect

ICAICentral Council Elections3rd and 4th December 2021

Passion to serve the profession and society

Northern India Regional Constituency Haryana, Punjab and Himachal Pradesh and Union Territories of Delhi, Jammu & Kashmir, Chandigarh and Ladakh

CA (Dr.) Singhal Sanjeev Kumar9811565606 sanjeevsinghalca1997@gmail.com