The Chapter is a non-profit organisation registered in NSW and its parent body is the Institute of Chartered Accountants of India. The Chapter was established in January 2007 and is growing over the last 15 years. The Chapter has multiple membership streams, and it supports diversity and inclusion. The members of the Chapter have an in-depth knowledge of social, business, and economic backgrounds and shifts taking place both in India and Australia. We estimate there are 3,000+ members of ICAI currently employed in Australia across private consulting practice, private business operations, Big 4 professional firms, financial institutions, commerce, and government sector at both the state and federal levels making contributions to the Australian economy.
The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, The Chartered Accountants Act, 1949 for regulating the profession of Chartered Accountants in India. ICAI operates under the aegis of the Ministry of Corporate Affairs of the Government of India. It is the second-largest professional body of Chartered Accountants in the world, with a membership of over 360,000, engaged in various Government, public, private, and social organisations making a significant contribution to the world’s economy.
The ICAI has negotiated Mutual Recognition Agreements (MRA), Bilateral Co-operation Agreements, and International Pathway Programs with accounting professional bodies in various countries including the United Kingdom, Canada, South Africa, UAE, and Ireland.
In Australia, there are two mutual recognition agreements that have been signed by the ICAI with the premier accounting bodies of Australia, CAANZ and CPA Australia. The mutual agreements recognise the professional qualifications of each other’s governing Institutes in Australia and India and scope further collaborations in the fields of accounting and finance.
Learn MoreDear Fellow members,
It’s a great honour and privilege to lead the Chapter for the year 2022-2023. I am overwhelmed with pride, and I take this responsibility with passion, dedication and commitment. I together with my team of committed individuals will work to take the Chapter to great heights. Our motto is THINK BIG and we will do everything possible to provide a great member experience, increased engagement, and more visibility to the Chapter.
