5 Awesome facts about ICAI, You might don’t Know

So many of you know about our Institute very well but you may miss some facts about it so we want to share with you all some of the facts about ICAI, You might don’t Know.

  1. Formation : 1 July 1949; 67 years ago : 

    The Institute of Chartered Accountants of India (ICAI) is a professional accounting body of India. It was established on 1st of July 1949 as a body corporate under the Chartered Accountants Act, 1949 enacted by the Indian Parliament to regulate the profession of Chartered Accountancy in India.

  2. World’s 2nd largest accounting Body :

    ICAI is the second largest professional accounting body in the world in terms of membership with around more than 2.5 lakhs members, after American Institute of Certified Public Accountants (CPA) and know doubt largest in India.

  3. No Reservation :

    There is no reservation in ICAI, while acting as a body created by the parliament still there is no reservation in ICAI, Even Office bearers are selected without any reservation criteria also employees of ICAI are free from any reservation discrimination.reservation

  4. ICAI logo and motto song :

    Besides Logo of  ICAI which is given by Sri Aurobindo, they  have there official motto song (Ya Aesh Suptaeshu Jagriti ) literally means “a person who is awake in those that sleep”

    To explain all this we have written a separate article for it you may check it from here :-

   5. First Chartered Accountant :

The first chartered accountant registered with ICAI is Mr. GP Kapadia and we have written a seprate post to explain all about him including the first degree certificate issued to him so do check this one :-  Degree issued to India’s First CA : CA Gopaldas Padamsey Kapadia

Degree issued to India's First CA : CA Gopaldas Padamsey Kapadia
Degree issued to India’s First CA : CA Gopaldas Padamsey Kapadia

 

These are some facts about ICAI You might don’t know, even if you know our purpose is to just recall awesomeness of ICAI ,

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