The Institute of Chartered Accountants of India (ICAI) is a statutory body established
under the Chartered Accountants Act,1949(Act No.XXXVIII of 1949) for the regulation
of the profession of Chartered Accountants in India.During its 61 years of existence,ICAI
has achieved recognition as a premier accounting body not only in the country but
also globally, for its contribution in the fields of education, professional
development, maintenance of high accounting auditing and ethical standards. ICAI
now is the second largest accounting body in the whole world.
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necessarily represent the views of or bears approval of the Council of the Institute
of Chartered Accountants of India or any of its Committees or the concerned Chapter
or its Managing Committees.