IFAC-2023 at IIM Jammu

Director IIM Jammu and others at the inaugural of IFAC-2023 on Friday.
Director IIM Jammu and others at the inaugural of IFAC-2023 on Friday.

Excelsior Correspondent

JAMMU, Sept 8: The Indian Institute of Management (IIM) Jammu today inaugurated the International Finance and Accounting Conference (IFAC-2023), focusing on the theme “Reimagining Finance, Accounting, and Banking in a World Under Reset”.
The event marked a significant milestone in the field of finance and accounting by bringing together industry leaders, academicians, and professionals to discuss the transformative changes in the global financial landscape.
Those present on the occasion of inauguration, included Prof B S Sahay, Director, IIM Jammu; Prof Jabir Ali, Dean, Academics, IIM Jammu; Dr Amit Kumar Agarwal, Secretary, Research Committee, ICAI; CA Manish Mehta, Chief Financial Officer (CFO), NTPC GE; Dr Praveen Kumar, Conference Chair, IIM Jammu and Dr Malaya Ranjan Mohapatra, Conference Co-Chair, IIM Jammu.
Prof. B S Sahay, during his address, mentioned that Jammu is the only city that has three Institutes of national importance, IIT Jammu, IIM Jammu, and AIIMS Jammu. He emphasized the remarkable achievement of the nation in bringing out UPI as a secured mode of payment since every vendor of Bharat is using UPI. He reiterated that digitization is the need of the hour and urged the participants that the motive of this conference should be to take this a step further.
Dr. Amit Kumar Aggarwal highlighted the role played by ICAI in shaping the future of Finance and Accounting and the opportunities provided by the organization to the professionals in this field. He also provided an overview of the research projects at ICAI for academicians and non-academicians
CA Manish Mehta said that Demonetization has changed to digitization and also provided detailed insights into the new era of a paperless economy.
This was followed by a Q&A session which included multiple interesting questions put forward by the participants. The questions were answered by the expert panel. The Q & A session also witnessed a fruitful discussion on the New Education Policy and Prof B S Sahay reiterated how IIM Jammu is implementing the New Education Policy in various aspects, describing the merits of the NEP and the bright future of education system in the country.
Dr Malaya Ranjan Mohapatra, Conference Co-Chair, IIM Jammu, concluded the inaugural session with vote of thanks.