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Mr. Amarjit Chopra is a senior partner of GSA & Associates LLP Chartered Accountants New Delhi. He was the President of the Institute of Chartered Accountants of India during 2010-11 and Vice-president the year before. A Chartered Accountant for more than 45 years, Mr Amarjit Chopra has contributed significantly to the development of the auditing and accountancy discipline in India over various years. He has been nominated by the Central Govt. on Bench- II of Disciplinary Committee of ICAI for a period of four years from 2018 to 2022. Besides chairing the other Committees of ICAI, he was the Chairman of Accounting Standards Board and Auditing and Assurance Standards Board of ICAI for two years each. He was also nominated by Central Govt. as Chairman of the Committee to revise Companies Auditor's Report order 2016 and National Advisory Committee on Accounting Standards and also as a member on the Standing Committee for Decriminalising the Companies Act 2013, National Financial Reporting Authority(NFRA), Investor Education and Protection Fund Authority and also as member of a Group constituted by the Govt of India to make suggestions on Consultation Paper on Auditing Profession. He was nominated by IRDA on the standing committee of Accounting Issues in Insurance Companies and has chaired several important committees that dealt with Auditing and Accounting Standards, Corporate Governance and Banking at the national level.
He was nominated as, an independent director to Bank of Baroda (2006-09) and Indian Bank (2011- 14), member of the Securities & Exchange Board Committee on Disclosures and Accounting Standards, Board Member of the Insurance Regulatory Authority of India and member Audit Committee of the Reserve Bank of India. He participated in Board meetings of IFAC, CAPA and SAFA at the international level. He served on the International Audit and Assurance Standards Board of IFAC as Technical Advisor during 2009-10 and on the IFAC Committee of Professional Accountancy Organisation Development for a period of three years (2010-13) and also held the position of its Vice Chairman of the committee for the year 2013. He was nominated to the SEBI Committee to review the performance of corporates as regards governance and also by the Government of India to investigate complex issues in relation to M/s Xerox India Ltd. He has served as Vice-Chairman of the High Powered Committee of ICAI that examined Satyam fraud in India and investigated several other matters during his career as professional auditor.
He was responsible for introducing IFRS Certificate Course in India and Middle East. He has been a part of IFRS training programmes for members of Nepal and Myanmmar Institutes and in Bhutan. He has been conferred honorary membership of the Institute of Chartered Accountants of Australia and New Zealand and honorary Life membership of the Association of International Accountants London.
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