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ICAI »
 ICAI - Guidance Note on Report Under Section 92E of The Income-Tax ACT, 1961 (Transfer Pricing) (Revised 2017)
 FAQs on Ethical Issues relating to GST
 ICAI International Conference, 8-9 December 2017, Mumbai
 Report on Audit Quality Review (2016-17) of the Quality Review
 CPE Events 13th November - 18th November 2017
 Information Systems Audit (ISA) Course Assessment Test which is open to the members of the Institute, will be held on 23rd December, 2017 (Saturday) from 9.00 AM to 1.00 PM (IST) at 61 Cities.
 ICAI Survey for Capacity Building and Global Presence of Indian CA Firms - Request to submit response by November 15, 2017
 Paper 2, Strategic Financial Management of Final Examination, Group - I scheduled on 3rd November 2017 (Friday) at Chennai only, was postponed, on account of heavy rains and disruption of normal life there. The said examination will now be held 17th November 2017 (Friday).
 Group to Review the Criteria for Formation of Branch
 Postponement of Group I Paper- 2 Strategic Financial Management of Final Examination, Scheduled on 3rd November, 2017 (Friday) in Chennai (in The State of Tamil Nadu) Only.
 President's Message - November 2017

ICAI expanding base
June, 23rd 2009

The Institute of Chartered Accountants of India (ICAI) will place itself globally by "hard selling" Indian chartered accountancy and auditing standards. It has already signed Mutual Recognition Agreement with different institutes and professional bodies in England and Wales and soon similar agreements will be signed with Canada, Australia, Ireland and Singapore.

Addressing a press conference here today president of the ICAI Uttam Prakash Agarwal said Indian accounting system was one of the best and most complicated in the world and there were checks and balances in every step of accounting and auditing. The ICAI was imparting technical know how to the west Asian countries and the Gulf. The Institute has already entered an agreement in Africa and the Orient and has agreed to impart accounting education in Djibouti and Mongolia.

Mr. Agarwal quoting a world bank report stated that absence of accounting and auditing standards in a majority of nations in African continent has to be corrected by taking examples of fool proof accounting and auditing systems from other countries The ICAI  will share with Africa its expertise in this field, he said.

The ICAI has also introduced a new 11-month course - accounting technicians for students who have passed their plus two level earlier this year.

Citing a world bank report that allegedly lack of any accounting and auditing standards in a majority of nations in the African continent, the ICAI is looking towards Africa with greater interest in an effort to share its expertise in this field with these nations. The MoU signed with Djibouti is a beginning made in this direction and we have students from Djibouti as well as Mongolia coming over to India to pursue their CA course, he said.

The ICAI, set up as per an act of the Parliament has 118 branches, five decentralized regional offices and 21 chapters outside India.. The ICAI will train these students in the nuances of accounting and they will take up the task of preparing annual balance sheets of small firms. This, he said, will help the firms tide over shortage of qualified accountants who can do this statutory requirement for reasonable consideration.

Earlier Mr. Agarwal inaugurated a conference of chartered accountants in the city and addressed them.

 

 
 
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