Topic:  CFO Preparedness- Impact of Revised SA600 Proposed by NFRA, India 

Speaker: M P Vijay Kumar, Executive Director & Group CFO, Sify

Presentation:

a. NFRA has proposed to Govt notification of SA 600 revised in line with ISA 600 
b. Why now
c, Implication of this proposed standard on Auditee
d. Audit quality impact

Speaker's bio:
A Chartered accountant, Cost accountant and Company secretary by training, M P Vijay Kumar or MPV as he is fondly known, is the Executive Director and Group CFO of Sify Technologies. He is also an Independent Director and Chairman of the Audit Committee on the Board of The Life Insurance Corporation of India (LIC) and an Independent Director on the Boards of Geojit Financial Services Limited and Heritage Foods Limited.

He also serves as a Member of the IFRS Interpretation committee of International Accounting Standards Board and IFRS Advisory Council of the IFRS Foundation, London. He served as Council Member of Institute of Chartered Accountants of India (2016-2022), was Chairman of Accounting Standards Board and Ex Officio Member of National Financial Reporting Authority for the period 2019-2022.

He has played central roles in industry associations, being part of the CFO Forum, the National Committee on Financial Reporting and the Accounting Standards Board of the Confederation of Indian Industry (CII).

His distinguished career has been embellished with National and International awards, the latest being the BusinessWorld CFO of the Year for 2021. Previous recognitions include being among the 100 most influential CFO’s in India by CIMA, making the Roll of Honour of the Top 100 CFOs in India and the National Award for contribution to Financial Accounting by Capital Foundation Society.

He is a speaker on the professional circuit on IFRS, Accounting Standards, Audit, CorporateLaws and Capital Market and an author of over 8 popular titles on Accounting, Accounting Standards, Audit Standards and Company Law that are in continuous reprints.

His early professional engagements include being a Partner at chartered accountants’ firm, Yoganandh & Ram. Prior to them, he headed the Investment Banking portfolio in addition to being Company Secretary of Sundaram Finance Services Ltd., Chennai, the Investment Banking arm of Sundaram Finance Limited.

https://in.linkedin.com/in/mpvijaykumar