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Our Founder

Kalyan Subramani Aiyar — Founder

Kalyan Subramani Aiyar
(6th June 1859 – 2nd January 1940)

FATHER OF THE ACCOUNTANCY PROFESSION IN INDIA

Kalyan Subramani Aiyar

Kalyan Subramani Aiyar (born 6th June 1859) founded the firm bearing his name and started professional practice in Calicut in 1897. He and the firm shifted to Bombay in 1900, where it is head-quartered till this day.

K S. Aiyar, a pioneer of Indian Accountancy and of the Accountancy profession, was first and last, a dedicated educationist. His professional practice kept growing first as sole proprietor and then with partners like Sorab S. Engineer & M.R. Tambe (also an Actuary) and thereafter his sons Bharatha and Arjun Aiyar.

Many of those associated with him went on to become outstanding in their own careers. The faith in him of Bombay's Merchant Princes also grew. The high places of trust and confidence enjoyed over several decades by the firm, provide enough proof of the high standards of excellence attained by his firm and institution.

The Firm has chosen from inception under the able guidance of its founder to be a medium to further the cause of commercial education, since it is considered as a necessity for all mercantile and industrial pursuits.

Career Milestones

1859

Born on 6th June — Kalyan Subramani Aiyar

1886–89

Headmaster of first Commercial School in India, Pachaiyappa College Charities, Madras

1890

Elected Associate of Society of Incorporated Accountants & Auditors (SIAA), London, UK — without articleship or examinations

1890

Authored Standard text-book in book-keeping

1897

Founded the firm bearing his name — started professional practice in Calicut

1898

Elected Fellow & Senate Member of University of Madras

1900

Moved firm to Bombay at invitation of Sir Byramjee Jeejeebhoy

1900

Started the First Night School of Commerce in Bombay

1901–31

Elected Fellow & Senate Member of University of Bombay for thirty years

1905

Procured permission from Society of Incorporated Accountants & Auditors U.K. for training apprentices in India for London Examinations

1912

Instituted Bachelor of Commerce Degree in Bombay University — the first in India

1913

Established Sydenham College of Commerce, Bombay — the first such college in India; acted as First Honorary Principal

1940

Passed away on 2nd January in Bangalore