BIS #5962 E-AUDITING WEBINAR ON 'IMPACT OF COVID-19 ON TRUST' HELPS MUMBAISALESIANS
by BISMumbai Correspondent
The impact of the COVID-19 is felt by all. The one-of-a-kind till now known normalcy affected and with devastating impact on traditional forms of living, everyone is seeking newer ways of meaning in life! Few of the MumbaiSalesians' administrators and accountants participated in a 1st of its kind Webinar on the Impact of COVID-19 conceptualised and animated by CA Brijesh R. Shah on 23 May 2020.
Shah says, "the webinar was first of its kind for clients. During the COVID-19 and even before that, we were/are familiar with webinars for students, teachers or management level professionals, but this was the first time for clients to impart info on accounting, auditing, compliances and address concerns. He further adds, "the main objective was to impart direct information, share updates and ideas."
The webinar followed 2 modules of information-imparting. Relax and Relaxation dealt with TDS, Income Tax and Audit, PF concerns, Vivad se Vishwas scheme extension, GST extension and general Banking Relief. In the section on Challenges Ahead, 80G Registration Renewal and amendments, FCRA Compliance Renewal, and Section 12AB were discussed. Shah says, "the main concern of the participants were about legal compliance procedures due in 2020 of 12 A and 80G. This webinar was intended to help all the clients move together with new changes and adapt to present and future situations."
The webinar included most of the administrative representatives from the Society of Pilar [SFX]- Goa, Gujarat Jesuits [SJ], Daughters of Mary Help of Christians [FMA nuns], Dominican Nuns, Fathers Sebastian Mascarenhas [SFX], Ramesh and Aubrey[SJ], James [Zankhvav] and others. MumbaiSalesians' Provincial Economer Father Manuel Murzello, Don Bosco Development Society Mumbai [DBDS] Executive Director Father Rolvin D'Mello, former MumbaiSalesians' Provincial Economer Father Elson Baretto, and Fathers Ashwin Macwan, Pratap Damor, Mayank Parmar participated in this webinar together with MumbaiSalesians' Province Finance Officer Savarino D'Souza, and 02 accountants from Vadodara and Suket respectively. The total participants in this webinar were 89 inclusive of clergy, nuns, and clerical staff.
The successful webinar has consequently opened up pathways to E-Auditing possibilities in the near future. Personal and physical sharing of information and discussions cannot be replaced with the virtual presentations, but in these COVID-19 times, these collective steps will ensure a healthy adaptation and forward movement. Father Baretto thanked Shah on behalf of the MumbaiSalesians.