Aiding transition and emerging economies, ICAI has been advocating the need for creating a sustainable framework of accounting in countries lacking accounting Infrastructure/where accountancy profession is evolving for creating a cadre of accounting professional who are able to support the evolution of Industry by propagating and putting in place a compliance regime and sound framework for reporting practices.
A very strong role is played by accountancy institutes in economic growth of countries and in capacity building. It is important to have a well developed accounting institute which would help in developing competent accounting professionals and in promoting strong professional and ethical standards.
ICAI’s endeavor is to help Least Developing Countries (LDC’s) to establish Accounting Institute in those economies where the same does not exist and in further strengthening the accounting infrastructures in those countries where the same exists. ICAI proposes to undertake off- site and if required on-site study of the accounting profession in the relevant LDC in order to design its methodology and approach to carry forward the overall project.
For further details, please contact:
Secretariat of the International Affairs Committee,
The Institute of Chartered Accountants of India,
ICAI Bhawan, PB No. 7100, Indraprastha Marg,
New Delhi – 110 002, India.
Ph +91 11 30110443,448, 39893989 (Extn. 443,448),
E Mail : ia@icai.in; rakeshsehgal@icai.in
ICAI proposal to least developed countries for developing their accounting profession
Last updated: 04 November 2015
Follow on
Google News
News posted by
CCI News Desk
Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.
Comments
Recent News :
- ICAI, ICSI, ICMAI & IIT Madras Join MCA's Corporate Mitra Scheme for MSME Growth
- Income Tax Department Enables Online Challan Correction Facility
- RBI Withdraws Obsolete FEMA Circulars to Simplify Foreign Exchange Regulatory Framework
- RBI Issues TReDS Directions 2026, Simplifies Framework for MSME Financing
- ICSI Urges Members to Update Contact Details Ahead of Election Process
- Finance Ministry Notifies Jan Vishwas Act Amendments for RBI, LIC, Insurance and PFRDA Laws from 23rd June 2026
- ICAI President Calls Yoga a Blueprint for Balanced Professional Life on Yoga Day 2026
- MCA Extends Name Reservation and E-Form Resubmission Deadlines Till July 10, 2026
- MCA Extends DPT-3 Filing Due Date: No Additional Fees Till 31st July 2026
- Finance Ministry Notifies 7.70% NSSF Special Securities for FY 2026-27
Popular News
- GSTN Issues Advisory on e-Invoice API and e-Way Bill by IRN API Changes Effective from 1st August 2026
- MCA Extends DPT-3 Filing Due Date: No Additional Fees Till 31st July 2026
- RBI Streamlines Payment System Regulations with Comprehensive Master Directions
- Income Tax Act 2025: Key FAQs on Proposed Tax Exemption for FIIs Investing in G-Secs
- MCA Extends Name Reservation and E-Form Resubmission Deadlines Till July 10, 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
