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Only a member of ICAI can be appointed as statutory auditor of a company under the Companies Act, 2013. The management of the institute is vested with its council with the president acting as its chief executive authority. A person can become a member of ICAI and become a financial (i.e. statutory) auditor of Indian Companies.
The student is required to the articleship under a practicing Chartered Accountant for which they are also paid the stipend. As per the ICAI Notification, [3] the article assistant is required to work for 35 hours a week under his/her articleship. To ensure personality development and technical trainings, there are four short courses, two ...
ICAP has more than 7,000 active members and more than 25,000 students. Other national accountancy bodies include Institute of cost and management accountants of Pakistan (ICMAP), [21] PIPFA, etc. ICAP and ICMAP are full members of International federation of accountants and PIPFA is an associate member. Besides these national accountancy bodies ...
Kamlesh was born in December 1960 in Mumbai in a family of highly educated people. His father, Mr.Shivji K. Vikamsey was a Chartered Accountant and a past member of the central council of ICAI. His younger brother, Mr.Nilesh Shivji Vikamsey is also a Chartered Accountant and was the past president of the ICAI.
The managing committee consists of 12 members who are Chartered Accountancy course students, pursuing their articleship. Apart from this Committee at regional level, there are separate WICASA Committees at Branch level which are again managed by Chartered Accountancy Students pursuing 'articleship' The Managing Committee at Branch level ...
From 1984-1989 he was a member of the Managing Committee of the Coimbatore Branch of the Southern India Regional Council (SIRC) of the ICAI and was Chairman of that branch from 1988-1989. [3] He became a council member of the Southern India Regional Council (SIRC) of ICAI in 1994 while serving as Director of the Tamil Nadu Industrial Investment ...
Professional bodies are also responsible for administering training and examinations for students and members. The primary bodies in each country are affiliated to the International Federation of Accountants while a few do not belong to IFAC as they operate more like specialist bodies helping the work of accountants and auditors such as the ...
The Chairman of the Central Board of Direct Tax (India) constituted under the Central Board of Revenue Act, 1963 (India) or his nominee; 6. Two members to represent the chambers of commerce and industry to be nominated by The Central Government of India; and 7. One representative of the Security and Exchange Board of India to be nominated by it.