CA, CWA, and CS Act no where mentioned about IIA Says ICAI President

The Institute of Chartered Accountants of India has always been proactive on the matters concerning the profession.

ICAI President in his Message on CA, CWA, and CS (Amendment) Bill, 2022 said that as you are aware that bill was passed by both the houses of the parliament

He said, Many important provisions included in the bill affecting the profession were earlier recommended by the Institute of Chartered Accountants of India.

ICAI President Further said The Act makes no mention of the Indian Institute of Accountants (IIA). The Hon’ble Finance Minister stated in the Parliament during the course of debate that “I recognise the importance of the three pillars, the Chartered Accountants, the Cost Accountants and Company Secretaries in the corporate governance structure. The Hon’ble Minister also said the objective is also to strengthen all the three of them without, in any way, affecting the autonomy that they enjoy”.

Our reputation as an institution and as profession is built by sheer determination, continuous knowledge enrichment, readiness to lead the change and adapting to the evolving environment. The way our profession has adopted technology and transformed itself to support the economy during the pandemic is a testimony to its commitment, ethos and excellence.

In this dynamic scenario, we will continue to take all necessary steps and leave no stone unturned to further enhance the quality of the profession and work towards converting the challenges into opportunities. Let us have a look at some of the Institute’s recent activities: