BRIEF PROFILE
CA. Amarjit Chopra, a fellow member of the Institute of Chartered Accountants of India (ICAI), with more than three decades of standing, has been elected as the Vice-President of the Institute of Chartered Accountants of India (ICAI), for the year 2009-10 by the Twentieth Council on February 5, 2009. Born in June 1952 and having post-graduated from Delhi University in the year 1973, he qualified as a Chartered Accountant in the year 1975. He was elected to Northern India Regional Council of the Institute of Chartered Accountants of India for two terms i.e. 1985-1988 and 1988-91 and was its Chairman for the year 1988-89.
He was elected to the Central Council of the ICAI for the first time for the term 1998-2001 and presently is in fourth consecutive term to end in February 2010. During his tenure in the Central Council, he has been the Chairman of Accounting Standards Board, Auditing and Assurance Standards Board, and Corporate Laws Committee for two years each and has been the Chairman of Expert Advisory Committee, Financial Reporting Review Board, Committee on Corporate Governance and Committee on Internal Audit for an year each. He has also been the Vice-Chairman of Electoral Reforms Committee, Ethical Standard Board, Accounting Standards Board, Professional Development Committee in various years. He has also been a member of non-standing committees, namely, Professional Development Committee, Peer Review Board, etc. In his first term as Central Council Member, he was a member of all the three Standing Committees.
He was nominated by the Institute on various Committees of SAFA, namely, Committee on Corporate Governance, Committee on Information Technology and Quality Control Committee. He was also nominated by the Government of India in the Group to revise MAOCARO and various other groups including group for Revision of Schedule XIV to the Companies Act, 1956. He was also nominated for two years as a member of National Advisory Committee on Corporate Laws.
He was nominated by the Punjab Government on the Committee for fixing the fee for the medical institutions.
He was nominated by ICAI as member on Secretarial Standards Board of ICSI, Project Implementation Committee of Ministry of Surface & Road Transport, Task Force for Cost Accounting Standards on Arms Length, Banking and Financial Services Sectional Committee -MSD -7, Group initiated by Ministry of Corporate Affairs to review existing Cost Accounting Standards, on the business sub-group on XBRL and the Working Group for addressing implementation issues and formulation of operational guidelines relating to Accounting Standard on Financial Instruments : AS 30 by Banks and Financial institutions constituted by the RBI.
Recently he was nominated to the Consultancy Syndicate of the MOU TASK FORCE for 2008-09 constituted by the Department of Public Enterprises. For the year 2009-10, he has been nominated to Energy Syndicate II.
He has represented the ICAI in the National Standards setters meeting of IAASB in London and Brussels as well as Accounting Standards issues before IASB and UK Accounting Standards Board at London. He has been a speaker in International Conferences on Quality Control of Audit and Corporate Governance convergence with IFRS at Dubai, Karachi, Sri Lanka and London.
He has been contributing papers and delivering lectures on matters of professional interest in various programmes organized by the Institute, Regional Councils and their Branches and the study circles. He has also been actively involved in seminars and conferences organized by various Chambers of Commerce.
He was actively involved in teaching for more than 20 years at Delhi University and he is presently visiting faculty to various Management Institutes. He has been delivering lectures in training programmes at various banking institutions and C&AG Office.
He is on the Board of various reputed companies including RICO Auto Ltd. He is a Central Government nominee on the Board of Bank of Baroda wherein he is also the Chairman of the Audit Committee. In the earlier years, he was also nominated to board of certain companies by banks and financial institutions.
His other areas of interest include sports, debate, music, etc.
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