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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 aspirant is eligible to become a member of ICAI on successful completion of all the necessary courses, required exams and mandatory training specified above. The aspirant becomes an eligible person to be called a chartered accountant only after he registers with ICAI and obtains membership.
ICAI is a registered 501c3 nonprofit organization in the United States. With over 240 institutional member organizations and nearly 1,500 individual representatives, ICAI and its members have surveyed more than 250,000 undergraduate and graduate students to assess practices and mores related to the current climate of academic integrity ...
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 ...
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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 ...
SAICA is a non-profit, voluntary body that provides a wide range of services to its members and associates. It is controlled by a Board, elected by members through regional committees, and by bodies representing the Institute's other key constituencies such as members in business (commerce and industry), large practices, small practices and ABASA.
The International Federation of Accountants (IFAC) is the global organization for the accountancy profession.Founded in 1977, IFAC has 180 members and associates in 135 jurisdictions, representing more than 3 million accountants in public practice, education, government service, industry, and commerce. [3]