The Institute of Chartered Accountants of India (ICAI) has been awarded Associate membership by Chartered Accountants Worldwide. ICAI is the fourth professional body to be admitted to the organisation since it was launched in February 2013 and now supports over 615,000 Chartered Accountants around the world.
As an Associate member, ICAI joins a group of globally-recognised Chartered Accountancy bodies that are committed to enhancing the value of the brand and the profession. Its membership recognises the importance of the qualification in India and demonstrates ICAI’s commitment to the highest professional and ethical standards.
During its 66 years of existence, ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for its contribution in the fields of education, professional development, maintenance of high accounting, auditing and ethical standards.
Pat Costello, Chairman of Chartered Accountants Worldwide said: “I am delighted to see ICAI join the Chartered Accountants Worldwide family. We look forward to working with ICAI on developing the profession and enhancing the value to our members”.
ICAI President, CA. M Devaraja Reddy, said: “We are delighted to join Chartered Accountants Worldwide as its Associate member. Joining the organisation is a mark of recognition that our members adhere to the highest professional, technical and ethical standards. It will give our members international recognition and access to opportunities and services being offered by Chartered Accountants Worldwide.”