DataTracks participates in a National Conference for Women Chartered Accountants
Chennai, 12 Mar 2012
DataTracks India sponsored and participated in "Jagruti - A New Awakening", a national conference for Women Chartered Accountants. The Institute of Chartered Accountants of India (ICAI) conducted the event at Chennai on 4 Feb 2012.
The Southern India Regional Council of the ICAI coordinated the conduct of the conference. More than 6,500 of the 40,000 Chartered Accountants registered with the Southern India Regional Council are women. . Chennai city itself has more than 2,000 women members working in business enterprises or practicing as public accountants.
The conference was a success with more than 300 delegates, all women, participating in the event.
The focus of the event was on potential opportunities for Women practicing as public accountants. Domain experts from various areas, including information technology, made presentations on the emergence of new opportunities for public accountants stemming from emergence of complex reporting standards and convergence of these standards around the World.
The highlight of the event was a presentation and knowledge sharing session on XBRL by Ms. Sneha Rajagopal, Vice President, XBRL Services, DataTracks India. Speaking at the event, Sneha said, "Worldwide adoption of XBRL as the standard for dissemination and analysis of financial data provides an excellent opportunity for Chartered Accountants. There are more than 900,000 companies in India. Eventually, each of these 900,000 companies will have to file financial statements with the Ministry of Corporate Affairs in XBRL format. This provides a great opportunity for Chartered Accountants in practice. Though the technology is relatively new, it is quite easy to understand and implement in a small office. DataTracks provides a web portal where you can convert simpler statements free of cost and more complex statements by using a web based tool. Of course DataTracks would be very happy to do all the work for you for very complex financial statements."
The event was a grand success considering the quality of information that was exchanged, as well as the significant understanding that DataTracks gained on the expectations of women CAs in XBRL services.
DataTracks also had an information kiosk set up during the event for the benefit of participants who required additional information on XBRL services, and also to showcase DataTracks’ range of XBRL services.
About DataTracks India: DataTracks India is owned by DataTracks Services Limited (www.datatracksglobal.com), leaders worldwide in preparation of financial statements in XBRL format for filing with regulators. DataTracks has prepared more than 60,000 statements (in ASCII, HTML and the more recent XBRL format) for filing with Securities Exchange Commission in the United States in the last five years.
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