The Institute of Chartered Accountants of India (ICAI) has made it mandatory for all its members to file the 'Know Your Members' (KYM) form annually, starting from the 2023-2024 period. This yearly exercise is crucial for ICAI's regulatory functions, enabling them to gather essential member information and documents. Members are required to submit the KYM form through the ICAI's Self-Service Portal (SSP).
ICAI has notified CAs to file Know Your Members (KYM) from 23-24 onwards.
KYM also called as Know Your Member is a yearly activity. It is mandatory for members to file for KYM 2023-24 onwards.
One of the fundamental prerequisites for ICAIs regulatory functions is the ability to get member information and related documents. We are happy to inform you that the ICAI has introduced the Know Your Member (KYM) Application Form, which must be submitted yearly via the ICAIs Self-Service Portal (SS
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FAQ :
ICAI has mandated Chartered Accountants (CAs) to file a 'Know Your Members' (KYM) form annually, starting from the 2023-2024 period.
The KYM form, also known as 'Know Your Member', is an annual application that members must submit to ICAI to provide their updated information and documents.
CAs must file the KYM form through the ICAI's Self-Service Portal (SSP). The process involves logging in, navigating to Member Functions, and selecting the KYM Form.
Members need to be ready with scanned documents relevant to their Membership Type and Status, as well as a passport-size colour photograph with a clear white background.
Scanned documents (JPG/PDF) should not exceed 1 MB, and the photograph and signature should not be more than 80 KB.
If the KYM form is opened but not successfully submitted, it will be available under the 'Pending / Submitted/ Ask for correction pending application' option in the Member Module on the Self-Service Portal.