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
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.
Recent News :
- Maintenance of Books of Accounts Under Income Tax Act, 2025
- ICAI Extends MEF 2026-27 Submission Deadline to 9th September 2026
- ICAI Extends Bulk UDIN Generation Facility to Tax Audit and Audit & Assurance Functions
- Income Tax Exemption on Armed Forces Allowances Under Income Tax Act 2025
- Income Tax Department Releases Detailed Guidance on Taxation of Registered NPOs
- Income Tax Relief on Arrears, Gratuity and Foreign Pension Under Sections 157 & 158
- No Deduction of TDS Under IT Act 2025: Form 121 Rules for Individuals and Senior Citizens
- Income Tax Department Releases ITR-6 Offline Utility for AY 2026-27
- TDS on Virtual Digital Assets Under Income Tax Act 2025: Key Rules, Rate, Threshold and Compliance
- RRBs Record Rs 10,176 Crore Net Profit in FY 2025-26, Business Crosses Rs 13.5 Lakh Crore
Popular News
- Capital Gains Exemptions Under Income Tax Act 2025
- No Deduction of TDS Under IT Act 2025: Form 121 Rules for Individuals and Senior Citizens
- Time Limits for Issuing IT Notices and Completing Assessments Under Income Tax Act 2025
- Income Tax Refund Rules Under Income Tax Act, 2025: How to Claim Excess Tax Paid
- Salaried Employees Tax Benefits for TY 2026-27: Check All Allowances and Exemptions
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
