Saturday, April 4, 2009

Kunal Banerjee

Kunal Banerjee, President, The Institute of Cost and Works Accountants of India, Kolkata (

April 4, 2009, 12 noon


Murali said...

Shri Kunal Banerjee has been elected President of the Institute of Cost and Works Accountants of India for 2008-2009. He did his graduation from Presidency College Calcutta with Honours in Economics. He is a Practicing Cost Accountant and a Partner of Shome & Banerjee, Cost Accountants, Kolkata. Shri Banerjee was the Central Council Member of the Institute from 1995 to 2004 and held the post of Vice-President for the years 1998-99, 2001-02 and 2007-08.
Shri Banerjee was one of the members of the Core Committee which was formed to give opinions/suggestions in the amendment of Companies Bill 1997 and was instrumental to incorporate many constructive suggestions. His interactions with the authorities while the Bill was under preparation, gave important strength to the arguments placed on behalf of the profession for incorporation of the provisions relating to Cost Audit and other relevant matters that were positively oriented towards the future growth of the Profession. He is presently a member of the Expert Group constituted by the Ministry of Corporate Affairs to review the Cost Accounting Records, Cost Audit Report Rules and Cost Accounting Standards.

He has represented the Institute in the Executive Committee, Examination Committee, Membership Committee, Training & Educational Facilities Committee, Professional Development Committee, Professional Development Technical Committee, Research & Journal Committee, ICWAI-ICAI-ICSI Co-ordination Committee, and Cost Accounting Standards Board. He was also nominated as Member of the Accounting Standards Board of the Institute of Chartered Accountants of India. He was appointed Group Leader of the Task Force constituted for drafting the Accounting Standards on Agriculture by the Accounting Standards Board of ICAI. He was instrumental in computerizing different activities of the ICWAI including the Examination, Accounting and Membership departments of the Institute.

He has represented ICWAI in International Federation of Accountants (IFAC), South Asian Federation of Accountants (SAFA), and Confederation of Asian & Pacific Accountants (CAPA). He was the Co-Chairman of the Organising Committee of SAFA Conference held in Kolkata in 1997. He has been a speaker at different Seminars and Conferences organized by the ICWAI and was invited as a Speaker by the CII to place his views on Cost Audit and related issues.

His vision is to re-position the Institute in the global context by blending the Cost and Management Accountancy profession with information technology and make Institute a leader in the area of Management Accounting. He wishes to work towards the establishment of a conglomeration of Global Management Accountancy Bodies.

mani said...

Kunal is a dynamic personality . We expect a lot more cost accounting standards released before he becomes ex president ,notwithstanding some difference of opinion which could be in a subject like cost accountancy .Eevn if there is some amendment required we can always make it . How many times our Constitution was amended is an example .