ICAI signs MoU with NBAA Tanzania to Scope Up Professional Avenues of Indian CAs

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With a view to boost up the professional avenues of the Indian Chartered Accountants, the Institute of Chartered Accountants of India ( ICAI ) has recently signed a Memorandum of Understanding (MoU) with the National Board of Accountants and Auditors (NBAA), Tanzania.

“This will also provide professional support to our Chapter in Tanzania and our members therein. Chief Guest on the occasion, the Indian High Commissioner to Tanzania Shri Sandeep Arya and NBAA CEO and Executive Director Mr. Pius A. Maneno, among other officials of NBAA, were present on the occasion.,” ICAI Chief Naveen N D Gupta said.

The ICAI also offered to NBAA to conduct courses on the line of ICAI’s GMCS and Post-Qualification Course on Information System Audit, and to review their newly-revised course curriculum, he added.

“With the opening up of world economy, more professional avenues are emerging. As professionals, we need to keep updating our competencies. ICAI on its part is constantly entering into MRAs and MoUs with various national and international professional bodies in the best interests of its members and their professional and intellectual development,” Gupta said.

In July, the cabinet had approved signing of a MoU between the ICAI and the NBAA, Tanzania to  establish mutual co-operation framework in the areas of Member Management, Professional Ethics, Technical Research, Continuing Professional Development, Professional Accountancy Training, Audit Quality Monitoring, Advancement of Accounting Knowledge, Professional and Intellectual Development.

The MoU will develop a mutually beneficial relationship in the best interest of ICAI members, students and their organizations. The MoU will provide an opportunity to the ICAI members to expand their professional horizons. The MoU will foster strong working relations between the ICAI & NBAA, Tanzania.

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