ICAI signs MoU with Russian Institute of Professional Accountants, informs ICAI President

ICAI-Russian Institute of Professional Accountants-Taxscan

The President of Institute of Chartered Accountants of India (ICAI), CA Nihar N. Jambusaria while elaborating on the recent development stated that ICAI signs MoU with Russian Institute of Professional Accountants, informs ICAI President.

CA Jambusaria further stated that the Union Cabinet chaired by the Prime Minister, Narendra Modi approved MoU between ICAI and the Police Chamber of Statutory Auditors on December 22, 2022. The MoU aims at working together to develop a mutual relationship between ICAI and PIBR.

The council has further approved the Certificate Course on Impact Assessment and CSR Reporting.

The Ethical Standard Board has released FAQs on some amendments related to Ethical Standard.

CA Jambusaria further added that the CA Amendments Bill was introduced in Lok Sabha and was referred to the standing committee. The ICAI has submitted its memorandum to the   standing committee seeking changes in some clauses related to the Coordination committee, disciplinary mechanism, etc.

The ICAI international conference was planned in the physical mode in view of the reaction of the gathering laid down in Mumbai due to COVID-19.

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