About ICAI
The Institute of Chartered Accountants of India (ICAI)
The Institute of Chartered Accountants of India (ICAI) is a statutory body established by the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India. During its more than six decades of existence, ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for maintaining highest standards in technical, ethical areas and for sustaining stringent examination and education standards. ICAI is now the second largest accounting body in the world.
ICAI has its Headquarters at New Delhi with 5 Regional Offices at Mumbai, Chennai, Kanpur, Kolkata and New Delhi. It presently has 147 branches spread all over the country. In addition, it has also set up 21 chapters outside India and an overseas office in Dubai.
Currently, over 8,59,225 students are pursuing the Chartered Accountancy course and the total membership of ICAI is more than 2,35,771. Among the members in Government, Judiciary, industry, banks, financial institutions, private enterprises etc., a significant number of members had occupied/occupy eminent positions in their respective organizations such as Chairperson of regulatory body, Chairperson of banks and insurance companies, Chairperson & Managing Directors of reputed enterprises, Executive Directors of various enterprises/organizations. Chartered Accountants are also serving as Vice-Presidents and Members of Income Tax Appellate Tribunals besides being in IAS, IPS and IRS cadres. The members of ICAI are getting recognition in foreign countries as well. It is evident from the positions they are occupying in all big companies across the World.
The Board of Studies is also conducting, on a regular basis, Seminars, All India and Regional Conferences, Residential Courses, Elocution and quiz contest for the benefit of students pursuing this course.
Publication of students journal `The Chartered Accountant Student’ (4,26,866 copies every month) and its distribution. (Including preparation of regular features such as Academic update/articles/case study/quiz contest, etc. for the Newsletter) and evaluation of the responses received for such features.
Periodically, the Board of Studies is also engaged in the review of the scheme of Education and Training through Committee for Review of Education and Training. This committee recommends changes in the syllabus.