INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (ICAI)

INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (ICAI)

1. PRESENTATION ON THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA Mariyam K han Master of commerce Under the guidance of Sundar B. N. Asst. Prof. & Course Co-ordinator GFGCW, PG Studies in Commerce Holenarasipura

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3. 1 INTRODUCTION 2 FUNCTION 3 OBJECTIVE 4 ROLE CONTENTS

4. 1 The Institute of Chartered Accountants of India The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world , with a strong tradition of service to the Indian economy in public interest.

5. The affairs of the ICAI are managed by a Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988 . The Council constitutes of 40 members of whom 32 are elected by the Chartered Accountants and remaining 8 are nominated by the Central Government generally representing the Comptroller and Auditor General of India , Securities and Exchange Board of India , Ministry of Corporate Affairs , Ministry of Finance and other stakeholders.

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7. 03 ICAI ICAI ICAI ICAI - Virtual Institute • 'Virtual Institute' integrates all the regions and offices to present a unified view of the operations of the entire Institute through a single integrated enterprise system • It FULFILLS the members and students right to convenience, comfort and make the benefits of Information Technology (IT ... OBJECTIVES

8. Enter title here Enter title here The institutes' primary function is to prescribe qualification for membership, conducting examination and making arrangement for practical training of candidates, publication and maintenance of register of members qualified to practice the profession, carrying on activities for development of the chartered accountancy as a profession and regulation and maintenance of status of standard and standard of professional qualification of the members. FUNCTION ' S

9. The Institute of Chartered Accountants of India (ICAI) explores employment opportunities for its members.The institute issues certificates of practice to its members and exercises disciplinary Jurisdiction as quasi-judicial authority over their profession and their conduct.The institute also works up with universities and other education providers in commerce and industry in shaping up their curricula and content.A monthly journal titled "The Chartered Accountant" is published by the institute

10. ICAI ICAI Icai • As an Advisory Body The institute provides technical advice to the following authorities, time to time. Comptroller and Auditor General of India
Department of Company Affairs
Reserve Bank of India
The Securities and Exchange Board of India
Central Board of Direct Taxes
Insurance Regulatory Authorities
Insurance Regulatory Authorities

11. C A I I The ICAI also provides inputs when require to the Trade Policy Division, Ministry of Commerce & Industry of Government of India. As effect to this, the government actively takes part in negotiations with the Working Party on Professional Services (WPSS) of the World Trade Organizations (WTO) ACTIVITIES ICAI

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15. ICAI ICAI ICAI

16. The implementation of multi level vision for the profession of Indian Chartered Accountants requires the involvement of several actors-(1) each individual student and Chartered Accountant in practice/service, (2) each CA firm, and (3) The Institute.

The implementation is an ongoing process. Therefore, the task of Committee in this phase could be delegated to various committees. This will speed up the process of implementation and help assume ownership of the actions by various committee Conclusion

17. BIBLIOGRAPHY INTRODUCTION TO ICAI(RETRIEVED FORM, https :// www . slideshare . net / mobile / shakunim ) Date 22/4/2021 ROLE of ICAI ( RETRIEVED FROM https :// www./icai . org / new _ ) Date 22/4/2021 FUNCTION AND OBJECTIVES (RETRIEVED FROM L https :// www . indiaeducation . net ) DATE 22/4/2021

18. THANK YOU Presented by maryam MARIYAM KHAN