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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.
He can register and clear the CA Final exam after completing of CA Intermediate exam. He will be eligible for ICAI membership after the completion of the required examinations, trainings, and Articleship period. He can start practicing as a chartered accountant only after getting membership post registering with ICAI.
The CA Final is the final level exam in the chartered accountancy course offered by the Institute of Chartered Accountants of India (ICAI). [1] CA Final exam is divided into two groups and consists of 6 set of papers with 100 mark each. Before the CA Final exam, students must clear Foundation and Intermediate exams. The exam paper will be ...
• Students must register with the Institute of Chartered Accountants of India (ICAI) for the CA Foundation course. The registration should be completed at least four months before the first day of the month in which the exam is held. For example, to appear in the May/June exam, students should register by January 1st, and for the November ...
It is located in Mumbai and serves a membership of more than 85000 Chartered Accountants and circa 225000 CA students, in a network of 32 branches [2] [3] in the three states of Maharashtra, Gujarat, Goa and two Union Territories of Daman and Diu and Dadra and Nagar Haveli.
The Chartered Accountants Act, 1949 is a statute enacted by the Constituent Assembly of India, which was acting as the provisional Parliament of India in 1949, to regulate the profession of Chartered Accountants in India.
The ICAI notification issued on August 3, 1989 says that "if any member of ICAI, i.e. any Chartered Accountant, who obtained the qualification of Chartered Financial Analyst [awarded by ICFAI] on or after January 1, 1990, or has obtained the said qualification earlier did not surrender the same before the said date, [he/she] would be held ...
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.