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The Committee on Vision & Restructuring was constituted to carry out a strategic exercise in view of the rapidly changing global economic scenario and its impact on the economics of India and Asia-Pacific. The Study on Vision & Restructuring was commissioned with an ambitious attempt towards positioning the ICAI and the Profession in the 21st century and broad base and restructure it to meet the challenges in the new Millennium. Methodology adopted for Vision Process included desk research study, data gathering through surveys, direct interviews, workshop, task forces, opinion forums for colecting input data from members and user of the services of Chartered Accountants and services of a highly renowned Management consultant.

The Committee was later reconstituted with a view tooversee the profession-wide implementation of the future vision. The main objectives of the Committee are to keep the vision process spread to the grassroots of CA fraternity and to sustain the vision as the project moves forward into the implementation phase. The Vision Document has been disseminated not only to the members but also to the cross section of teh concerned group / stakeholders. Multilevel vision implementation at various levels. Suggestions were sought from the Council for formulating the activity-wise implementation schedule. A comprehensive business plan was developed detailing the implementation strategies for adoption by the Council. A report containing the detailed business plan in implementation phase is under finalisation stage and is expected to be released by end of September, 2002. The Committee has since withdrawn.

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