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Institute of Chartered Accountants of India (ICAI) is India's largest professional accounting body under the administrative control of Ministry of Corporate Affairs, Government of India.
To obtain ICAG membership, AIA members must demonstrate three years' relevant practical work experience in accountancy and finance, provide two referees and attend an induction programme that outlines the professional and ethical expectations of the Ghanaian Institute.
The Examination by ICAI at Foundation, Intermediate and Final levels are conducted two times in a year. Examination Fee. The examination fee for foundation course is Rs 1500. For both groups of Intermediate course the fee is Rs 2700, and for one group it is Rs 1500.
" Frequent changes to eligibility requirements changes in fee structure, exorbitant council membership charges etc., have caused confusion among the student community. Many founding members have left ICFAI as they were not happy with the way ICFAI treated its flagship course.
In 2017, members of CIMA and the American Institute of Certified Public Accountants (AICPA) formed the Association of International Certified Professional Accountants to unite and strengthen the accounting profession globally. Membership. CIMA has two grades of full membership: Associate – designated by the letters ACMA
In India, Chartered Accountants are regulated by the Institute of Chartered Accountants of India (ICAI) which was established by the Chartered Accountants Act, 1949. Associate members of the ICAI are entitled to add the prefix CA to their names.
The CA Foundation Course is the entrance level for the chartered accountancy course offered by the Institute of Chartered Accountants of India (ICAI). Earlier, it was known as the Common Proficiency Test. CA Foundation contains 5 series of papers.
Forensic 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.
As of now, there are a total of 98,500 active members of ICMAI. International affiliations. The ICMAI is a Founding Member of the International Federation of Accountants (IFAC), Confederation of Asian and Pacific Accountants (CAPA) and South Asian Federation of Accountants (SAFA) and Associate member of ASEAN Federation of Accountants.
The Institute of Chartered Accountants in England and Wales (ICAEW) is a professional membership organisation that promotes, develops and supports chartered accountants and students around the world. As of December 2023, it has over 208,000 members and students in 146 countries.