INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (ICAI)

1. PRESENTATION
ON
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF
INDIA
Mariyam Khan
Master of commerce
Under the guidance of
Sundar B. N.
Asst. Prof. & Course Co-ordinator
GFGCW, PG Studies in Commerce
Holenarasipura

2. 75%
48%
45%
46%
28%
22%
21%
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A D D Y O U R T I T T L E H E R E

3. 1 INTRODUCTION
2 FUNCTION
3 OBJECTIVE
4 ROLE
CONTENTS

4. The Institute of Chartered Accountants of
India
The Institute of Chartered Accountants of India
(ICAI) is a statutory body established by an Act
of Parliament, viz.
 The Chartered Accountants Act, 1949 (Act
No.XXXVIII of 1949) for regulating the
profession of Chartered Accountancy in the
country.
 The Institute, functions under the
administrative control of the Ministry of
Corporate Affairs, Government of India.
 The ICAI is the second largest
professional body of Chartered
Accountants in the world, with a strong

5.  The affairs of the ICAI are managed by a
Council in accordance with the provisions
of the Chartered Accountants Act, 1949
and the Chartered Accountants
Regulations, 1988.
 The Council constitutes of 40 members
of whom 32 are elected by the Chartered
Accountants and remaining 8 are
nominated by the Central Government
generally representing the Comptroller
and Auditor General of India, Securities
and Exchange Board of India, Ministry
of Corporate Affairs, Ministry of
Finance and other stakeholders.

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75% 64% 53%
173
258
178
382
15%
30%
45%
60%
75%
90%
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A D D Y O U R T I T T L E H E R E

8. 03
ICAI
ICAI ICAI
 ICAI - Virtual Institute • 'Virtual
Institute' integrates all the
regions and offices to present a
unified view of the operations of
the entire Institute through a
single integrated enterprise
system
 • It FULFILLS the members and
students right to convenience,
comfort and make the benefits of
Information Technology (IT ...
OBJECTIVES

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The institutes' primary function is
to prescribe qualification for
membership, conducting
examination and making
arrangement for practical training
of candidates, publication and
maintenance of register of
members qualified to practice the
profession, carrying on activities
for development of the chartered
accountancy as a profession and
regulation and maintenance of
status of standard and standard
of professional qualification of
the members.
FUNCTION'
S

10. The Institute of Chartered Accountants
of India (ICAI) explores employment
opportunities for its members.The institute
issues certificates of practice to its
members and exercises disciplinary
Jurisdiction as quasi-judicial authority over
their profession and their conduct.The
institute also works up with universities
and other education providers in
commerce and industry in shaping up their
curricula and content.A monthly journal
titled "The Chartered Accountant" is
published by the institute

11. ICAI
ICAI
Icai

 • As an Advisory Body
 The institute provides technical
advice to the following authorities,
time to time.
 Comptroller and Auditor General
of India
 Department of Company Affairs
 Reserve Bank of India
 The Securities and Exchange
Board of India
 Central Board of Direct Taxes
 Insurance Regulatory Authorities
 Insurance Regulatory Authorities

12. C
A
I
I
The ICAI also provides inputs
when require to the Trade
Policy Division, Ministry of
Commerce & Industry of
Government of India. As
effect to this, the government
actively takes part in
negotiations with the Working
Party on Professional
Services (WPSS) of the World
Trade Organizations (WTO)
ACTIVITIES
ICAI

13. 58%
19%
23%
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A D D Y O U R T I T T L E H E R E

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15. 50%
78%
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16. ICAI
ICAI
ICAI

17. The implementation of multi level vision for the profession
of Indian Chartered Accountants requires the involvement
of several actors-(1) each individual student and Chartered
Accountant in practice/service, (2) each CA firm, and (3)
The Institute.
The implementation is an ongoing process.
Therefore, the task of Committee in this phase could be
delegated to various committees. This will speed up the
process of implementation and help assume ownership of
the actions by various committee
Conclusion

18. BIBLIOGRAPHY
 INTRODUCTION TO ICAI(RETRIEVED FORM,
https://www.slideshare.net/mobile/shakunim) Date
22/4/2021
 ROLE of ICAI(RETRIEVED FROM
https://www./icai.org/new_)
Date 22/4/2021
 FUNCTION AND OBJECTIVES (RETRIEVED FROM
Lhttps://www.indiaeducation.net)
DATE 22/4/2021

19. THANK YOU
Presented by
maryam
MARIYAM KHAN