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The Institute of Chartered Accountants of India (ICAI) is the national professional accounting body of India. It was established on 1 July 1949 as a body corporate under the Chartered Accountants Act, 1949 enacted by the Parliament (acting as the provisional Parliament of India) to regulate the profession of Chartered Accountancy in India. ICAI is the second largest professional accounting body in the world in terms of membership, after American Institute of Certified Public Accountants. ICAI is the only licensing cum regulating body of the financial audit and accountancy profession in India. It recommends the accounting standards to be followed by companies in India to The National Financial Reporting Authority (NFRA) and sets the accounting standards to be followed by other types of organisations. ICAI is solely responsible for setting the auditing and assurance standards to be followed in the audit of financial statements in India. It also issues other technical standards like Standards on Internal Audit (SIA), Corporate Affairs Standards (CAS) etc. to be followed by practicing Chartered Accountants. It works closely with the Government of India, Reserve Bank of India and the Securities and Exchange Board of India in formulating and enforcing such standards. Members of the Institute are known as ''Chartered Accountants''. However the word chartered does not refer to or flow from any Royal Charter. Chartered Accountants are subject to a published Code of Ethics and professional standards, violation of which is subject to disciplinary action. Only a member of ICAI can be appointed as statutory auditor of an Indian company under the Companies Act, 2013. The management of the Institute is vested with its Council with the president acting as its Chief Executive Authority. A person can become a member of ICAI by taking prescribed examinations and undergoing three years of practical training. The membership course is well known for its rigorous standards. ICAI has entered into mutual recognition agreements with other professional accounting bodies world-wide for reciprocal membership recognition. ICAI is one of the founder members of the International Federation of Accountants (IFAC), South Asian Federation of Accountants (SAFA), and Confederation of Asian and Pacific Accountants (CAPA). ICAI was formerly the provisional jurisdiction for XBRL International in India. The Institute of Chartered Accountants of India was established under the Chartered Accountants Act, 1949 passed by the Parliament of India with the objective of regulating accountancy profession in India.〔Act No. XXXVIII of 1949. See ("Chartered Accountants Act 1949 as amended in 2006" )〕 ICAI is the second largest professional accounting body in the world in terms of membership second only to AICPA.〔Ranking of Accountancy bodies as per (World Ranking Guide Blog )〕 It prescribes the qualifications for a Chartered Accountant, conducts the requisite examinations and grants license in the form of Certificate of Practice. Apart from this primary function, it also helps various government agencies like RBI, SEBI, MCA, CAG, IRDA, etc. in policy formulation. ICAI actively engages itself in aiding and advising economic policy formulation. For example ICAI has submitted its suggestions on the proposed Direct Taxes Code Bill, 2010. It also has submitted its suggestions on the Companies Bill, 2009. The government also takes the suggestions of ICAI as expert advice and considers it favorably. ICAI presented an approach paper on issues in implementing Goods and Service Tax in India to the Ministry of Finance. In response to this, Ministry of Finance has suggested that ICAI take a lead and help the government in implementing Goods and Services Tax (GST). It is because of this active participation in formulation economic legislation, it has been designated by A. P. J. Abdul Kalam as a "''Partner in Nation Building''". ==International Affiliations== ICAI is a founder member of the International Federation of Accountants(IFAC),〔(【引用サイトリンク】url=http://www.ifac.org/History/founding_member_bodies.php )〕 South Asian Federation of Accountants (SAFA),〔(【引用サイトリンク】url=http://www.esafa.org/About/MemberMain.aspx )〕 and Confederation of Asian and Pacific Accountants (CAPA).〔(【引用サイトリンク】url=http://www.capa.com.my/section.cfm?id=24 )〕 ICAI was formerly the provisional jurisdiction for XBRL International in India. It promoted eXtensible Business Reporting Language (XBRL) India as a section 25 company(now section 8 of Companies Act, 2013) to take over this responsibility from it.〔(【引用サイトリンク】url=http://www.xbrl.org/in/nmpxbrl.aspx?id=337 )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Institute of Chartered Accountants of India」の詳細全文を読む スポンサード リンク
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