New Delhi: Kamal Nath Thakur, a senior professional associated with NTPC Limited, has been nominated as a member of the Internal Auditing and Assurance Standards Board (IAASB) of the Institute of Cost Accountants of India (ICMAI).
Thakur, who is currently associated with NTPC’s Corporate Internal Audit Department, brings more than three decades of professional experience in internal audit, project financing, treasury, corporate governance and internal controls.
Kamal Nath Thakur Nominated to ICMAI’s IAASB
Thakur will contribute to the work of the Internal Auditing and Assurance Standards Board, which focuses on advancing internal auditing and assurance practices.
His responsibilities as an IAASB member will include contributing his professional expertise to areas such as:
- Internal auditing and assurance practices
- Professional standards
- Corporate governance
- Risk management
- Internal controls
- Transparency and accountability
His multidisciplinary experience is expected to contribute to the board’s deliberations and initiatives.
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Over Three Decades of Professional Experience
Kamal Nath Thakur has more than three decades of professional experience across several areas of finance, audit and corporate management.
His professional expertise includes:
- Internal Audit
- Project Financing
- Treasury
- Corporate Governance
- Internal Controls
His experience across these areas will support his contribution to the IAASB’s work on strengthening internal auditing and assurance practices.
Thakur Holds Fellow Membership of ICMAI and ICSI
Thakur is a Fellow Member of the Institute of Cost Accountants of India (ICMAI) as well as a Fellow Member of the Institute of Company Secretaries of India (ICSI).
His professional qualifications and experience span both cost and management accounting and corporate governance-related areas.
Currently Working in NTPC Corporate Internal Audit Department
Thakur is currently associated with NTPC Limited, a Maharatna Public Sector Undertaking, where he works in the Corporate Internal Audit Department.
His current role gives him extensive exposure to internal audit, controls and governance processes within a large public sector organisation.
His professional experience is expected to add value to the IAASB’s efforts to improve the quality, relevance and effectiveness of internal auditing and assurance practices.
Role of IAASB at ICMAI
The Internal Auditing and Assurance Standards Board supports the development and advancement of internal auditing and assurance practices.
The board also contributes to ICMAI’s professional and institutional objectives by working towards stronger standards and practices in the field.
Thakur’s nomination will allow him to contribute his experience to the board’s initiatives and discussions.
About ICMAI
The Institute of Cost Accountants of India (ICMAI) is a statutory professional body established under the Cost and Works Accountants Act, 1959. It promotes the profession of cost and management accountancy in India through education, professional development, standards and related institutional activities.
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