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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 Chairman of the Central Board of Direct Tax (India) constituted under the Central Board of Revenue Act, 1963 (India) or his nominee; 6. Two members to represent the chambers of commerce and industry to be nominated by The Central Government of India; and 7. One representative of the Security and Exchange Board of India to be nominated by it.
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.
In 1947, with India gaining independence, ICS was replaced by Indian Administrative Service (IAS) and the Indian Police (IP) was replaced by Indian Police Service (IPS) and were recognised by the Indian Constitution as All-India Services. In 1963, Indian Forest Service (IFS) was created and it came into existence in 1966. [9]
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 ...
Nearly every supreme audit institution in the world is a member of INTOSAI. Depending on the type of system used in their home country, the members of INTOSAI may be variously titled the Chief Financial Controller, the Office of the Comptroller General, the Office of the Auditor General, the Court of Accounts, or the Board of Audit.
The ICAI notification issued on August 3, 1989 says that "if any member of ICAI, i.e. any Chartered Accountant, who obtained the qualification of Chartered Financial Analyst [awarded by ICFAI] on or after January 1, 1990, or has obtained the said qualification earlier did not surrender the same before the said date, [he/she] would be held ...
The Cabinet Secretary (ISO: Mantrimandal Saciv) is the top-most executive official and senior-most civil servant of the Government of India.The Cabinet Secretary is the ex-officio head of the Civil Services Board, the Cabinet Secretariat, the Indian Administrative Service (IAS), and all Civil Services of India work under the rules of business of the government.