Chartered accountants changes

Further to the meeting of 21 March, Dr. G. Seetharaman, the Officer on Special Duty of the Auroville Foundation, sent out a mass bulletin informing the community about the changes of Chartered Accountants (CAs) effective 1 April 2025. The existing accountants will do the accounts up to 31st March 2025 and will hand over the accounts to the new accountants. The existing accountants should also hand over the past ten years’ accounts backup to the Auroville Foundation and the last one year’s backup to the new accountants to migrate March 2025 closing balances to Zoho for the Financial Year 2025–26. They will also support the new accounting firms with respect to compliances like GST, TDS, PF & ESI till 30 June so that the transition happens seamlessly.

From 1 April 2025, the trusts cannot engage accountants other than those approved by the Auroville Foundation. Units having individual accountants and not engaging the services of common accounting firms can continue to do so, provided the accountants are capable of handling the accounts in Zoho. These accountants also will work along with their new trust accountants (CA firms), as indicated above, so that compliances can be improved and uniform practices can be established. They can seek guidance from these CA firms whenever required.

All other accountants already working with Auroville units, who are eager and willing to work with the CA firms, can approach the accounting firms through FAMC from 24 March 2025. Interviews will be conducted during the week beginning 24 March at the FAMC office to shortlist and onboard these accountants.