The Institute of Chartered Accountants of India (ICAI) is a statutory
body established under the Chartered Accountants Act, 1949 (Act No.
XXXVIII of 1949) for the regulation of the profession of Chartered
Accountants in India. During its 61 years of existence, ICAI has
achieved recognition as a premier accounting body not only in the
country but also globally, for its contribution in the fields of
education, professional development, maintenance of high accounting,
auditing and ethical standards.ICAI now is the second largest accounting
body in the whole world.
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