The document discusses the need for professionals like company secretaries, chartered accountants, and cost and works accountants to rethink their roles due to various risk factors like technological changes, legislative changes, and increased competition. It outlines opportunities for professionals in areas that are difficult for computers to perform like complex decision making, relationship building, and entrepreneurship. The document suggests diversifying into new industry segments, services, knowledge areas and geographies. It emphasizes the need for creativity, confidence, effective communication and collaboration between professional bodies to take advantage of opportunities in the changing global environment.

1. Impact on Profession and Preparation for Tomorrow A Rethinking Exercise on Role of the Professionals Pavan Kumar Vijay, President

15. WEALTH SHARING Voluntary Adherence to Good CORPOARATE GOVERNANCE WEALTH MANAGEMENT WEALTH CREATION

16. G LOBALISATION OF TRADE AND COMMERCE

17. T ECHNOLOGICAL A DVANCEMENTS

18. P UBLIC P RIVATE P ARTNERSHIP

22. ” Corporate Governance is the application of best management practices , compliance of law in true letter and spirit and adherence to ethical standards for effective management and distribution of wealth and discharge of social responsibility for sustainable development of all stakeholders” Corporate Governance for ICSI

26. Threat Threat Threat Threat

40. There is need to learn little bit about these Management Functions We Already Deal with All Departments MARKETING R&D AND PRODUCTION CORPORATE COMMUNICATION STRATEGY INFORMATION TECHNOLOGY HRM FINANCIAL SECRETARIAL AND LEGAL

42. Different Knowledge Areas IPR & GENERAL BUSINESS LAWS STRATEGIC MANAGEMENT CORPORATE AND SECURITIES LAWS FINANCE, ACCOUNTs AND TAXATION IT AND CYBER LAWS HRD AND INDUSTRIAL LAWS ENVIRONMENT LAWS INTERNATIONAL TRADE LAW

43. Different Services ADVISORY DOCUMENTATION REPRESENTATION DUE DILIGENCE CERTIFICATION COMPLIANCES CORPORATE GOVERNANCE SECURITITIES MANAGEMENT

44. Different Corporate Structures PUBLIC SECTOR UNDERTAKINGS PRIVATE LIMITED COMPANIES TRUSTS AND NGOS COOP SOCIETIES AND PRODUCER COMPANIES MUNICIPAL BOARDS SEMI-GOVERNMENT ORGANISATION UNLISTED PUBLIC COMPANIES LISTED PUBLIC COMPANIES Society Expects Professionalism Here

45. Different Industry Segments MEDIA AND ENTERTAINMENT INFRASTRUCTURE, POWER AND TELECOM IT SOLUTIONS IT ENABLED SERVICES AND BPO TEXTILES TOURISM AND HOTEL CAPITAL MARKET AND ITS INTERMEDIARIES HOUSING AND CONSTRUCTION FMCG AGRICULTURE AND FOOD PROCESSING CAPITAL GOODS DRUGS, PHARMA AND HEALTHCARE BANKING AND NBFCS FINANCIAL SERVICES These are also open to professional entrepreneurs who wish to do business on ethical principles

46. Different Scales SMALL SCALE MEDIUM SCALE LARGE SCALE

47. Different Geographies of Operations INDIAN OPERATIONS MNCs INDIAN SUBSIDIARIES ABROAD

58. Quality of Service Commerce Brand Synergy Infrastructure Synergy Capital Synergy Collaborative Commerce Single Window Interface Knowledge Synergy Global Presence Growing Revenues Growing Customers Growing Nations CS + CA + CWA + MBA + LLB Corporate Laws Economic Laws Taxation Laws WTO & IPR International Trade Law IT & BPO Management Consulting Finance and Accounting

61. Opportunities Opportunities Opportunities Opportunities