CA. Nihar N Jambusaria has been elected as the Vice President of the Institute of Chartered Accountants of India (ICAI) for the year 2020-21. He is currently associated in Industry. CA. Jambusaria qualified as a Chartered Accountant in 1984 and was in practice for nearly 27 years.
CA. Jambusaria is now Vice-Chairman of all Standing Committees including Executive, Finance and Examination Committees, besides being the ex-officio member of all Non-Standing Committees and Joint Editor of ICAI Journal. He is Director of the ICAI Research wing ICAI – Accounting Research Foundation and Extensible Business Reporting Language (XBRL) India. CA. Jambusaria is appointed as Director of ICAI RVO and also will be representative from ICAI RVO on the "Committee to advise on Valuation matters” .
CA. Jambusaria is appointed as Member of IFAC Professional Accountants in Business Committee for three years starting from January, 2021.
CA. Jambusaria has been nominated as ICAI representative as Member for Committee on Corporate Governance Guidelines for Insurers of IRDA in India. He has also been nominated on the Review Committee for the B.Com (Hons) and B.Com Commerce New Syllabus for all the Universities in the Country by the University Grants Commission(UGC).
CA. Jambusaria has also been Chairman of WIRC of ICAI in 2004-05.
Jambusaria has represented ICAI in many important committees constituted by the Government Ministries/ Regulators. He has been nominated as a Member of the e – Commerce Committee formed by the Ministry of Finance and Peer Review Committee of the Central Board of Direct Taxes.
CA. Jambusaria has been a prolific speaker at national and international forum he has attended and contributed to numerous national and international seminars. He has addressed more than 900 seminars, conferences so far covering various subjects of professional interest like Direct tax, Accounting Standards, international tax and professional development and alike.