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New logo of ca india the institute of chartered accountants of india, abbreviated as icai, is india's largest professional accounting body under the administrative control of ministry of corporate affairs, government of india [1] 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. It was established on 1 july 1949 as a statutory body under the chartered accountants act, 1949 enacted by the parliament for promotion, development and regulation of.
In india, a chartered accountant is a qualified accountant of the institute of chartered accountants of india 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 They are experts in various subjects, including accounting, auditing, corporate law, costing, and taxation, and can choose to work independently or with a firm
[1] the institute of chartered accountants of india (icai) was formed as a body of registered accountants in 1949
Ca foundation course the ca foundation course is the entrance level for the chartered accountancy course offered by the institute of chartered accountants of india (icai) [1] earlier, it was known as the common proficiency test Ca foundation contains 5 series of papers. Forensic accounting and investigation standards by icaiforensic accounting and investigation standards by icai are a set of forensic accounting and investigation standards issued by the institute of chartered accountants of india (icai) for preventing the rising issues of accounting, financial and loan irregularities
The standards are designed to be helpful for banks, regulators, corporate. Common proficiency test flowchart on how to become a chartered accountant by the examination route 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 Ca intermediate is the second level exam, of a course in india, chartered accountancy It has six subjects and over 7000 pages of study material that a student is expected to cover in the nine months study period allotted to them
The group system is what makes this exam even more difficult, as a group consists of three subjects, and a candidate has to pass all three papers in order to clear.
Under this act, the institute of chartered accountants of india was established as a statutory body for the promotion, development and regulation of the profession of chartered accountants in india The law provides for qualifications, elections for central as well as regional councils, penalties for misconduct by chartered accountants.
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