Institute of Chartered Accountants of India

Institute of Chartered Accountants of India

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Institute of Chartered Accountants of India (ICAI) is a national professional accounting body of India. It was established on 1 July 1949 as a body corporate under the Chartered Accountants Act, 1949 passed by the Parliament of India to regulate the profession of Chartered Accountancy in India. ICAI is the second largest professional accounting body in the world in terms of membership second only to American Institute of Certified Public Accountants. ICAI is the only licensing cum regulating body of the financial audit and accountancy profession in India. It recommends the accounting standards to be followed by companies in India to the National Advisory Committee on Accounting Standards (NACAS) and sets the accounting standards to be followed by other types of organisations. ICAI is solely responsible for setting the auditing and assurance standards to be followed in the audit of financial statements in India. It also issues other technical standards like Standards on Internal Audit (SIA), Corporate Affairs Standards (CAS) etc.show more

Product details

  • Paperback | 60 pages
  • 152 x 229 x 4mm | 100g
  • Fec Publishing
  • United States
  • English
  • 6136662442
  • 9786136662442