CONFERENCE REPORT

The Virtual International Conference on “Emerging Global Trends in Accounting, Finance and Taxation” was hosted by School of Commerce, JAIN (Deemed-to-be University). Over 500 members participated in the panel discussion. 

The inaugural address was delivered by Dr. Dinesh Nilkant, Director, School of Commerce, JAIN (Deemed-to-be University) where he highlighted the importance of finance, taxation and accounts and their implications in the life of organizations and corporates. He welcomed all the panelist to share their unique thoughts in their respective fields. 

A keynote address on “Future of Finance – Emerging Trends and Skills Required” was delivered by Mr. Gaurav Kapur, Head of Policy, ACCA India where he highlighted on the deficiency of Vitamin M that would affect the organization and work culture. 

He added how digital and analytics would transform every business, skillsets and career opportunities, providing reference to the transformed operating models, 20 trends in shaping the careers in accountancy and 5 zones of future career opportunity.

This was followed by a panel discussion on “The Dynamics of Re-Engineering Accounts, Taxation and Finance in the New Normal” moderated by Ms. Asha Merugu, Director, Financial Accounting Services, Ernst & Young, Bengaluru. 

The co-panelists included Dr. Rajesh Kumar, Founder - Vittam Pravina Gurushala (Finance Expert Academy), Mr. Subbarayudu Tallapragada, Founder Director - EntPerMaSys Consulting, Mr. Prateek Mankad, Co-founder - World of Financial Reporting, Mumbai and Mr. Rohit Nahar, Senior Manager, Ernst & Young.

The panel discussion was followed by research paper presentations by authors across India and abroad. 

In the field of Accounting, a total of 24 papers were invited (External 15 and Internals 9). Paper research presentation was 17. Researchers presented papers on variety of accounting topics like Cloud Accounting, Artificial Intelligence Accounting, Technology in Accounting, Impact of COVID-19 on Capital structure, dividend policies and Corporate cash holdings. 

Track 2 was dedicated for Finance specialisation. The track received overwhelming responses from the participants. There were 28 papers registered and 13 participants presented their research in this finance track. The participants were from many parts of the globe and from different Universities and Colleges. Faculty members, research scholars and students were seen presenting their respective research papers on varied topics of interest and relevance in the track. There were quite good number of papers researched in areas like stock markets, financial planning, volatility of automobile sector stocks, dynamics of mutual funds market, Foreign direct investments in prominent sectors like education and insurance, Impact of Union Budget on stock markets.

The external chair highly appreciated all the paper presenters for their interest in select areas of research and opined that the presentations were of top class a great learning to all the students of Finance.

In the field Taxation, there were total 22 papers of which 14 participants made paper presentation that covered recent topics like Moratorium Policy, Awareness and Perception towards Goods and Services Tax (GST), Impact of GST on Developing States in India, Analysis of effect of demographic variables on factors influencing internet. 

The conference ended with a talk by Mr. Dev Ramnarine, FCCA (UK), Founder – Thrudheim LLC, USA on “Technology Transforming the Future of Accountancy and Finance.” He highlighted how pandemic transformed the business landscape concerted with technological disruption with the rapid use of Data Analytics, Robotics, Artificial Intelligence and IOT. He concluded that technology adoption has opened up more opportunities.

Dr. Easwaran Iyer, Pro Vice Chancellor, JAIN (Deemed-to-be University), Bengaluru also shared his experience on how Accounts, Finance and Taxation and impressed on faculty to constantly evolve in the field.

The best paper awards are as follows:

ICEGTAFT18 – Taxation Track - Analysis of effect of demographic variables on factors influencing internet banking adoption: An Empirical Study - Ms. Manisha Vijay Pawar, Dr. Nidhi UpendraArgade, Ms. SnehaJashvantlalParmar -The Maharaja Sayajirao University of Baroda

ICEGTAFT15 - Taxation Track - Exploration of the Possibility of Official Websites and Mobile Apps of Ecommerce Positively Affecting Customer Equity and Purchase Intention. An Empirical Study of Ecommerce Consumers with Special Reference to Selected Cities of Gujarat State -Mr. Javed S. J. Khorajia, Dr. Sejal Christian-Shri D.N. Institute of P.G Studies in Commerce, Anand – 388001

ICEGTAFT35 – Accounts Track - A Study of Performance Analysis of Selected Cement Companies Using Z-Score Model - Ms. Hardita, P. Dhamelia, Assistant Professor at R.K. University - Rajkot, Gujarat, Pursuing Ph. D from Commerce Department of Saurashtra University

The session concluded with a formal vote of thanks to the all the dignitaries, participants, researchers and organizing committee.