About ICAI Bathinda

The Institute of Chartered Accountants of India (ICAI is a statutory body set up under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India. During its 64 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. ICAI now is the second largest accounting body in the whole world. Founded inl949 with just 1700 Members, the Institute has grown to cross the markof 226015 Members. About 800000 active Students are registered and out ofwhich more than 285618 are female students. The ICAI is managed by a Council consisting of 40 Members out of whom 32 Members are elected by CharteredAccountants and 8 Members are nominated by the Central Government.

Increasing responsibilities are being placed by the Government and the Soeiety on the Members of the profession and their specialized knowledge and skills are being utilized in various fields of activities. Statutory recognition is given to the role of the Members of the profession and their audiVcertificatioir is insisted upon for various purposes in different statutes.