CA. Sunil H. Talati, FCA, Ahmedabad, aged 55 years has been elected as the President of the Institute of Chartered Accountants of India (ICAI), the Apex Body of the profession of Chartered Accountants in India, for the year 2007-08 w.e.f 5th February 2007. Besides being a Fellow member of the ICAI, he is a postgraduate in commerce and also a law graduate.
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A member of the ICAI with more than 30 years of standing, Shri Talati was elected to the Council of ICAI for the first time in 2001 and thereafter in 2004. He has held the position of Chairman of Expert Advisory Committee, Financial Reporting Review Board, Corporate & Allied Laws, Corporate Governance Committee; and Vice-Chairman of Professional Development Committee, Committee for Members in Industry, Board of Studies, Committee for Information Technology and Professional Development Committee. Besides the above, he has also served on the Examination Committee, Disciplinary Committee, Expert Advisory Committee, Committee for Vision & Restructuring, Fiscal Laws Committee, Research Committee, Committee on Ethical Standards, Committee on Career Counselling and Commerce Education, Professional Development Committee, Editorial Board, Financial Market and Investor's Protection, Expert Advisory Committee, Committee on Information Technology. Audit Committee, Accounting Standards Board and Board of Studies as a Member.
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CA. Sunil Talati is the Chairman of Centre of Excellence on Education, Training and CPD of South Asian Federation of Accountants (SAFA) – an Apex Body of SAARC. He participated in the XVII World congress of Accountants held in November 2006 at Istanbul, Turkey.
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He has been the Vice-Chairman of the Western India Regional Council (WIRC) of ICAI and also Secretary of the Ahmedabad Branch of WIRC of ICAI.
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During his association with the ICAI, he was actively involved in preparing Pre and Post Budget suggestions/proposals. He has contributed actively in bringing out other publications by various Committees.
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Shri Talati has authored the Income Tax Ready Referencer in Gujarati and was also instrumental in bringing out Form 2C of Income Tax Act in Gujarati.
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Besides excellence in education and profession, he had been excelling in extra curricular activities also. He had been first Rotaract Governor in India from District 305 and first Chairman of National Council of Rotaract Governors. Having held various posts in Jaycees and in other social leading clubs, he was a sportsman right from School and College days being champion in Swimming, Tennis and Badminton. He is a regular columnist in Gujarati 'Financial Express' every Tuesday and monthly Journal Tax Reporter.
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