G. Ramaswamy
Encyclopedia
CA. G. Ramaswamy is an India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

n Chartered Accountant
Chartered Accountant
Chartered Accountants were the first accountants to form a professional body, initially established in Britain in 1854. The Edinburgh Society of Accountants , the Glasgow Institute of Accountants and Actuaries and the Aberdeen Society of Accountants were each granted a royal charter almost from...

 from Tamil Nadu
Tamil Nadu
Tamil Nadu is one of the 28 states of India. Its capital and largest city is Chennai. Tamil Nadu lies in the southernmost part of the Indian Peninsula and is bordered by the union territory of Pondicherry, and the states of Kerala, Karnataka, and Andhra Pradesh...

 (Coimbatore
Coimbatore
Coimbatore , also known as Kovai , is the second largest city in the Indian state of Tamil Nadu. It is a major commercial centre in Tamil Nadu and is known as the "Manchester of South India"....

) and is the incumbent president of the Institute of Chartered Accountants of India
Institute of Chartered Accountants of India
The Institute of Chartered Accountants of India is a national professional accounting body of India. It was established on 1 July 1949 as a body corporate under the Chartered Accountants Act, 1949 enacted by the Constituent Assembly of India to regulate the profession of Chartered Accountancy in...

 (ICAI) for the year 2011-12.

Career

Ramaswamy qualified as a Chartered Accountant
Chartered Accountant
Chartered Accountants were the first accountants to form a professional body, initially established in Britain in 1854. The Edinburgh Society of Accountants , the Glasgow Institute of Accountants and Actuaries and the Aberdeen Society of Accountants were each granted a royal charter almost from...

 in 1984. From 1984-1989 he was a member of the Managing Committee of the Coimbatore Branch of the Southern India Regional Council (SIRC) of the ICAI and was Chairman of that branch from 1988-1989. He became a member of the SIRC in 1994 while serving as Director of the Tamil Nadu Industrial Investment Corporation Ltd. (which concern was run by the Tamil Nadu government). From 1999-2000, he served as the Chairman of the SIRC. During that time SIRC received the best Regional Council award and Best Students Association award. He was also a member of the Body of Board of Governors of the Institute of Internal Auditors
Institute of Internal Auditors
Established in 1941, The Institute of Internal Auditors is a guidance-setting body. Serving members in 165 countries, The IIA is the internal audit profession's global voice, chief advocate, recognized authority, and principal educator, with global headquarters in Altamonte Springs, Fla., United...

 [IIA]-Chennai. Ramaswamy began working directly for the ICAI in 2004 and has been on standing and non standing committees.
Formerly vice president of the ICAI for 2010–2011, Ramaswamy is also a fellow member of the Institute of Company Secretaries of India
Institute of Company Secretaries of India
The Institute of Company Secretaries of India is statutory professional body constituted under the Company Secretaries Act, 1980 passed by the Parliament of India. ICSI is the only recognized professional body to develop and regulate the profession of Company Secretaries in India...

 (ICSI) and represents the ICAI on a number of advisory committees including the National Advisory Committee on Accounting Standards
National Advisory Committee on Accounting Standards
National Advisory Committee on Accounting Standards is a body set up under section 210A of the Companies Act, 1956 by the Government of India. It Advises the Central Government on the formulation and laying down of accounting policies and accounting standards for adoption by companies...

 (NACAS).

He has been nominated to the Standing Committee on TDS
Corporate tax
Many countries impose corporate tax or company tax on the income or capital of some types of legal entities. A similar tax may be imposed at state or lower levels. The taxes may also be referred to as income tax or capital tax. Entities treated as partnerships are generally not taxed at the...

 for the year 2011 for such things as enhancing voluntary TDS/TCS compliance.

He has also been nominated as a member of the 2nd Quality Review Board constituted by the Government of India
Government of India
The Government of India, officially known as the Union Government, and also known as the Central Government, was established by the Constitution of India, and is the governing authority of the union of 28 states and seven union territories, collectively called the Republic of India...

.

He is a member of the SAFA
South Asian Federation of Accountants
SAFA is a forum of professional accounting bodies in SAARC Region .It works in the public interest and towards broad economic development of the region....

 task force, a member of the SAFA Committee for improvement in Transparency, Accountability and Governance and Vice Chairman in the SAFA Centre of Excellence on Standards and Quality Control.

External links

  • http://www.hindustantimes.com/Panel-report-on-role-of-audit-head-soon-ICAI-chief/Article1-661984.aspx
  • http://economictimes.indiatimes.com/news/news-by-industry/services/consultancy-/-audit/icai-wants-rs-1-crore-fine-on-erring-audit-firms/articleshow/7483893.cms
  • http://www.icai.org/post.html?post_id=188
  • http://timesofindia.indiatimes.com/city/nagpur/Shah-is-ICAI-VP-will-be-chief-next-year/articleshow/7497983.cms
  • http://pib.nic.in/newsite/erelease.aspx?relid=69785
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