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Institute of Chartered Accountants of India (ICAI) is India's largest professional accounting body under the administrative control of Ministry of Corporate Affairs, Government of India.
In India, a chartered accountant is a qualified accountant of the Institute of Chartered Accountants of India. They are required to have sound knowledge of accounting, auditing, costing and various aspects of direct and indirect taxation. [1]
The Institute of Financial Analysts of India ( IFAI) was established in 1984 as a non-profit educational society in Hyderabad, Telangana, India. The institution has been offering education to students across India through its various programs in the field of higher education.
Western India Regional Council, abbreviated as WIRC of ICAI is one of the five Regional Councils of Institute of Chartered Accountants of India (ICAI) and the largest among them.
ICAI provides a forum to identify, affirm, and promote the values of academic integrity among students, faculty, teachers, researchers, and administrators. ICAI is a registered 501c3 nonprofit organization in the United States.
Indian Accounting Standard (abbreviated as Ind_AS) is the accounting standard adopted by companies in India and issued under the supervision of Accounting Standards Board (ASB) which was constituted as a body in the year 1977. ASB is a committee under Institute of Chartered Accountants of India (ICAI) which consists of representatives from ...
The CA Foundation Course is the entrance level for the chartered accountancy course offered by the Institute of Chartered Accountants of India (ICAI). Earlier, it was known as the Common Proficiency Test. CA Foundation contains 5 series of papers.
In India, Chartered Accountants are regulated by the Institute of Chartered Accountants of India (ICAI) which was established by the Chartered Accountants Act, 1949. Associate members of the ICAI are entitled to add the prefix CA to their names.
The CPT or Common Proficiency Test was the first level of Chartered Accountancy examinations in India which has been changed to CA Foundation according to ICAI's revised scheme.
In 2020, Indian Prime Minister Narendra Modi gave the plenary speech at CII's 125th Annual Session. He focused on building an Atmanirbhar Bharat (self-reliant India) and bringing India back on the path of rapid development.