Rules of Overseas Chartered Accountant Firms

Posted on by

Mar. 27 – India’s Ministry of Corporate Affairs informed the Upper House today that Indian chartered accountant (CA) firms are regulated by the Institute of Chartered Accountants of India (ICAI) in terms of provisions of the Chartered Accountants Act (1949) and the rules and regulations framed thereunder.

What that means is that no CA firm, whether Indian or foreign, can function in the area of audit/assurance services in India without first being registered with the ICAI. It is, though, possible that several “multinational accounting firms” may be operating in the country in the fields of audit/assurance services through Indian audit firms/ members who are registered with the ICAI.

Continue reading…

Dezan Shira & Associates

Meet the firm behind our content. Dezan Shira & Associates have been servicing foreign investors in China, India and the ASEAN region since 1992. Click here to visit their professional services website and discover how they can help your business succeed in Asia.

News via PR Newswire

Never Miss an Update

Subscribe to gain even better insights into doing business throughout the India. Subscribing also lets you to take full advantage of all our website features including customizable searches, favorites, wish lists and gift functions and access to otherwise restricted content.

Scroll to top