« Professional Updates » Open DEMAT Account in 24 hrs  Advanced ICITSS -Adv. Information Technology Test Computer Based Mode (CBT) Schedule May, Jun, Jul, Sep, Oct, and Nov 2025  Auditing and Assurance Standards Board Online Panel of Experts for addressing Bank Branch Audit related queries  Results of the Chartered Accountants Intermediate and Foundation Examinations held in January 2025 declared.  Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-A, B, C & D)  Will deadline for income tax filing change in the new Income Tax Bill?  Result of the Chartered Accountant Final Examinations held in November 2024 is likely to be declared on Thursday, the 26th December 2024 (Late evening) - (20-12-2024)  Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS) Adv. Information Technology Test - Computer Based Mode (CBT) Dec 2024 Jan-Feb-Mar 2025  Re-Scheduling of Chartered Accountants Examination scheduled to be held on 13th November 2024 (Wednesday) at the Examination Centre(s) at Hazaribagh (Jharkhand), Jamshedpur (Jharkhand), Ranchi (Jharkhand), Raipur (Chhattisgarh) and Jhunjhunu (Rajasthan)  The AI Committee of The Institute of Chartered Accountants of India (ICAI) invites unconditional Expressions of Interest (Technical Proposals) from experienced AI companies that have developed AI tools for finance, accounting, tax compliance, legal document drafting, and AI similar services  Important Announcement - Stringent Action against candidates for adopting Unfair Means during CA Examination  Important Announcement - Launch of Self-Paced Module Test (SPMT) Portal «  Certificate Course on Arbitration - Mumbai - ICAI... ICAI launches Accounting Technician Course... » An agreement for sharing best practices December, 12th 2008 The news that the Institute of Chartered Accountants of India has signed an agreement with the Institute of Chartered Accountants of England and Wales, allowing both countries to recognise the qualification of chartered accountants from the other country, is very welcome indeed. The agreement will enable the large numbers of overseas students, many of them Indian, who gain UK qualifications to return home and become members of the ICAI, and vice versa. Similarly , those Indian CAs who wish to work in the UK will be able to acquire a practicing certificate on the same terms as a UK member and eventually reach Partner level. This new arrangement will help to increase the mobility within the accountancy profession and help accountants in both countries better serve the needs of firms in the UK, India and elsewhere. India and the UK are in a strategic and equal partnership based on many long-established ties, grounded in shared values, and literally millions of individual personal relations. Many in the Indian business community want and need access to the advice of international accountancy firms and many global businesses keen on expanding in India and the UK want to bring in their own trusted advisers. However, although this agreement is a definite step in the right direction, it does not address a key issue: the use of international firms names in India. The regulations to allow this are dependent on the LLP legislation which is scheduled to be considered by the Indian Parliament . This is of vital importance for creating an open market for the accountancy profession in India. That said, having spent my entire career as a CA in public practice and as a Partner for almost thirty years, I am a strong believer that the key regulatory issue must be on quality, rather than on brand-names . The agreement is an historic first step on a path to opening our respective markets without devaluing high standards. The agreement is founded on the premise that quality is paramount and that the high standing of the CA qualification in both countries must be preserved. It is hoped that this agreement will be followed shortly by further freedom of establishment, allowing international firms to work in both countries and offer consumers both business and individuals, the widest possible competitive choice. Such openness and reciprocity will bring huge benefits to industry and commerce, as it will ensure that good advice will be freely available at a competitive market price. Competition and increased mobility for professionals is ultimately good for business and our economies as a whole as it raises standards and I look forward to our two countries working and sharing best practice on this matter.