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Only a member of ICAI can be appointed as statutory auditor of a company under the Companies Act, 2013. The management of the institute is vested with its council with the president acting as its chief executive authority. A person can become a member of ICAI and become a financial (i.e. statutory) auditor of Indian Companies.
The aspirant is eligible to become a member of ICAI on successful completion of all the necessary courses, required exams and mandatory training specified above. The aspirant becomes an eligible person to be called a chartered accountant only after he registers with ICAI and obtains membership.
National Advisory Committee on Accounting Standards (NACAS) is a body set up under section 210A of the Companies Act, 1956 by the Government of India.It advises the Central Government on the formulation and laying down of accounting policy and accounting standards for adoption by companies . [1]
Established in 1973, it is the sole organization with the right to award the Chartered Accountant designation in Bangladesh. Senior members (at least five years' membership) of the institute are called "fellow members" and use the letters FCA. Bangladesh has more than 1,900 registered Chartered Accountants and more than 32,000 articled students.
The claim: Image shows Kamala Harris' Communist Party membership card. An Aug. 27 Facebook post (direct link, archive link) shows a document with Russian writing and a picture of a young Vice ...
From 1984-1989 he was a member of the Managing Committee of the Coimbatore Branch of the Southern India Regional Council (SIRC) of the ICAI and was Chairman of that branch from 1988-1989. [3] He became a council member of the Southern India Regional Council (SIRC) of ICAI in 1994 while serving as Director of the Tamil Nadu Industrial Investment ...
It is located in Mumbai and serves a membership of more than 85000 Chartered Accountants and circa 225000 CA students, in a network of 32 branches [2] [3] in the three states of Maharashtra, Gujarat, Goa and two Union Territories of Daman and Diu and Dadra and Nagar Haveli.
The Chartered Accountants Act, 1949 is a statute enacted by the Constituent Assembly of India, which was acting as the provisional Parliament of India in 1949, to regulate the profession of Chartered Accountants in India.