The Institute of Chartered Accountants of India (ICAI) signs MoU with Nepal on mutual co-operation

The Institute of Chartered Accountants of India (ICAI) has recently signed the Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nepal (ICAN) to establish mutual co-operation for the advancement of accounting knowledge, professional and intellectual development, advancing the interests of their respective members and positively contributing to the development of the accounting profession in Nepal and India.
ICAI has a membership base of over 5,000 members in Nepal. The ICAI was established on July 1, 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted by the to regulate the profession of Chartered Accountancy in India. Its headquarters is located in New Delhi.