Click here to read the Mint ePaperMint is now on telegram. Join the mint chain in your telegram and stay up to date with the latest economic news. In a complex and globalized economic environment, it is clear to each professional to keep abreast of any changes and all professional/technological changes in their respective fields. The Institute`s Continuing Education Directorate is responsible for informing members of professional issues arising from new legislation, technological changes and recent announcements by the Institute, as well as other professional developments. The modus operandi used in this context is the holding of seminars/training programmes, conferences, publication of technical materials, teleconferences, etc. This management also handles activities related to certain post-qualification courses, namely Corporate Management Course, Management Accountancy Course and Tax Planning – Tax Management Course. The Institute now also offers post-qualification courses in audit and insurance information systems, risk management and trade law – WTO. The Institute also organizes a program on computer-assisted audit techniques. As of January 2003, the EPC has been made mandatory in practice for members who must receive a certain number of CPE credits each year through authorized learning activities.
We offered seniors a little relaxation. Efforts are being made to bring the requirements of the EPC on par with international standards. „It would help improve the career opportunities of Indian professionals by facilitating the recognition of Indian accounting professionals with local accounting qualifications in the UK, in addition to the existing ICAI qualification,“ said Prafulla P Chhajed, ICAI President. On Saturday, January 28, 2017, uk Chapter, ICAI hosted a business network dinner for chapter members. The dinner was attended by more than 50 chapter members. The guest of honour at the event was Rajesh Agrawal, Deputy Mayor of London for Business and Member of Parliament for Stanmore East, Bob Blackman. The event was covered in the new Asian Voice newspaper; the newspaper has the largest circulation under the Indian diaspora in the United Kingdom. The Institute of Chartered Accountants of India (ICAI) is a legislative body created under the Chartered Accountants Act of 1949 (Law XXXVIII of 1949) to regulate the profession of audit firm in India. In more than sixty years of existence, the Institute has obtained the recognition of a leading accounting authority in the country for its contributions in the fields of education, professional development, maintenance of high accounting, audit and ethical standards. The Institute is headquartered in New Delhi with 5 regional offices in Mumbai, Chennai, Kanpur, Calcutta, New Delhi and 114 branches throughout the country. It has also set up 18 chapters outside India.
The total number of members of the Institute is about 115,000 and more than 250,000 students take the chartered accountancy course. Nearly 70% of all members are in practice. Among members of government, industry, banks, financial institutions, private companies, etc., a significant number of members hold important positions in their respective organizations, such as.B. chairman of the regulator, president of banks, president and CEO of well-known companies, managers of countless companies/organizations. The members of the Institute are also considered to be very competent abroad, as can be seen from the positions they occupy in all the major cities of the world. Currently, about 4,000 members live abroad. NEW DELHI: The Institute of Chartered Accountants of India has renewed the reciprocity agreement on deductibles with the Institute of Chartered Accountants in England and Wales (ICAEW) to increase the mobility of professionals.