ICAI has been actively organising health awareness camps, webinars and more. Credit: fizkes/Shutterstock.

The Institute of Chartered Accountants of India (ICAI) has formed a dedicated group to address stress management and provide counselling services. 

It is focusing on developing peer support networks and plans to collaborate with health institutions to roll out stress management programmes.  

These initiatives are aimed at fostering a supportive environment where members can share experiences and seek advice on coping with professional stress. 

The ICAI is also introducing a special counselling help desk within its national call centre.  

This resource is designed to assist members with managing stress and achieving a better work-life balance. 

In addition, the ICAI has been actively organising health and wellness events.  

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These include health awareness camps, webinars, yoga sessions, and motivational conferences, as well as physical activities such as walkathons and marathons. 

A Grievance Redressal Cell is already operational at the ICAI to address concerns from members, students and employees.  

Furthermore, the ICAI is advocating for flexible work models in partnership with industry players.  

ICAI president Ranjeet Kumar Agarwal said: “Employees are the backbone of any organisation, and their well-being is essential to its long-term success.  

“We strongly urge organisations to implement balanced work policies that promote employee health and reduce stress. By prioritising the mental and physical well-being of their workforce, organisations can foster a more productive, resilient and innovative environment.” 

This initiative follows the ICAI’s earlier call for a pause in the revision of auditing standards by the National Financial Reporting Authority (NFRA). 

NFRA released Standards on Auditing 600 (SA 600) for public consultation, which aligns with International Standards on Auditing.