Delibera-tions on forensic accounting and fraud detection, conversion to international financial reporting standards (IFRS) and nonresident taxation would be the top-most priority issues that would come up for discussion at the 41st Southern Regional Conference (SIRC) of the Institute of Chartered Accountants of India (ICAI) here on Aug 29.
Chairman SIRC or ICAI M Devaraja Reddy told reporters today that the twoday conference, Jnana Yajna, would feature around 5,000 practising chartered accountants. The event will also have a spiritual session and Sri Sri Chinna Jeeyar Swami will deliver a lecture on morality.
``The conference would provide us a platform to share best practices, resources and knowledge amongst members to improve and deliver finer corporate governance methodologies, he said.
Accounting in corporate firms would be discussed, especially in the wake of the Satyam fraud. However, Reddy said that he was not authorised to comment on Satyam scam as it was sub judice.
Chief Minister YS Rajasekhara Reddy will inaugurate the conference and ICAI president Uttam Prakash Agarwal deliver the presidential address at the inaugural.
Rajya Sabha Deputy Chairman K Rehman Khan will attend.