The Western Education Summit on Commerce and Accountancy (WESCA) 2024 is being Hosted by ICAI

News Desk, News Nation 360 : The Board of Studies (BoS), the educational arm of the Institute of Chartered Accountants of India (ICAI), recently arranged the Western Education Summit on Commerce and Accountancy (WESCA) 2024, a two-day event in Mumbai. The regional summit addressed relevant issues and opportunities in the education of commerce and accountancy, with a particular focus on the Western region of India. With the theme "Digital Innovation in Accounting, Auditing, Costing, Finance, and Commerce," the summit brought together top academics, researchers, and scholars in the field to discuss how technology can change education. Dr. (Dr.) Rajkumar S. Adukia, Chairman of the Board of Studies, and other esteemed speakers, such as Prof. M. Venkateshwarlu of IIM Mumbai and Prof. Pankaj Dutta of IIT Mumbai, CA; Anand Prakash Jangid, Visiting Faculty, IIM Bangalore, NFSU, BML; Dr. Bindu Das, Associate Professor, Indraprastha College for Women, University of Delhi; Dr. Svetlana Tatuskar, Director, Kohinoor Business School, Mumbai, CA; Manish Agrawal, Chief Solutions Officer and Co-founder of Formidium, and CA. Jaikishin Rupraj participated in the Summit discussions. CA. Ranjeet Kumar

Agarwal, President, ICAI stated that the National Education Summit on Commerce and Accountancy (NES-CA) in 2023 and 2024 proved to be a great success, and the ICAI organised WESCA 2024 to continue the national push towards standardising undergraduate course syllabi. Summit's primary goal is to raise the standard of accounting and commerce education in India, particularly to satisfy industry demands and increase students' practical knowledge. The summit included thought-provoking talks on a range of subjects, such as the future of chartered accountancy professional education, current trends in financial assurance and auditing, the use of data analytics in business decision-making, and the integration of AI and ML in commerce education. The elements influencing the learning process of educators, the use of blockchain technology in financial transactions and audits, and the particular difficulties encountered by e-commerce companies were also discussed. The event was attended by more than seventy participants from different colleges and universities in Maharashtra, Gujarat, and Goa.

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