The President of the Institute of Chartered Accountants of India (ICAI) is calling on all members to consistently adhere to ethical principles in every aspect of their lives. This emphasis on ethics is crucial for fostering trust and goodwill, thereby strengthening the legacy of the accounting profession. The message comes as India is poised to be a global growth engine, and the ICAI plays a vital role in supporting this national development through various initiatives and partnerships.
Dear Professional Colleagues,
The global economy is facing headwinds, and it is envisaged that India shall be emerging as the global growth engine with its strong economic performance as the fastest growing economy and a bright spot amidst the global economic uncertainties. India due to its strong prudential norms and regulatory policies has largely remained resilient from the global economic crisis of the past. As per IMF, the emerging markets and developing economies are expected to contrib
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FAQ :
The ICAI President urges all members to follow ethics in all spheres of life to build trust, goodwill, and the profession's legacy.
The ICAI partners with initiatives like B20, collaborates with government bodies on financial literacy and tax awareness, and organises events to strengthen the financial ecosystem.
Recent activities include a strategy meeting for future vision, participation in B20, meetings with government ministers, tax awareness initiatives, international engagements, and a bank audit meet.
ICAI is introducing a unique digital identity for members with 'mail.ca.in' and has launched the 'Know Your Member (KYM)' application for regulatory compliance.
Technology and sustainability are identified as the two major shifts that will continue to redefine the profession and provide new avenues for growth.
The Delhi High Court has restrained the Institute of Cost Accountants of India from using 'ICAI' as an acronym and directed them to remove it from all media within three months.