The Institute of  Chartered  Accountants  of India (ICAI) is a  statutory  body set up under the Chartered  Accountants  Act, 1949 (Act NO. XXXVIII of 1949) enacted  by  the Parliament  of India  to impart  education  training and  regulate  the  Chartered  Accountancy profession .

 

During its more than 57 years  of existence,  the Institute  has  achieved recognition  as a premier  accounting  body  not only  in the country  but also globally, for its contribution  in the fields  of  education, professional development, maintenance of high  accounting &  auditing  standards.

 

The  Institute has its headquarters at New  Delhi  with  5  Regional  Offices at Mumbai, Chennai, Kanpur  Kolkata & New Delhi and more than 100  branches spread  all over the country. In  addition, it has also  set  up  12  Chapters outside India and has  opened an  office in Dubai & Engalnd as well. The Institute  is proud to have more than 1,30,000 CA Professional at its roll.

 

The affairs of the  Institute  are managed by  the  Council  in  accordance  with  the  provisions  of  the  Chartered  Accountants  Act, 1949 and the  Chartered  Accountants  Regulation  1988. The  Council consist  of 40 members of whom 32  are elected  by the members and   remaining eight  are nominated by  the Central  Government.

 

The Office of  Central  India  Regional   Council  (CIRC) is situated at  Kanpur   having  34 Branches at Agra, Ajmer, Allahabad, Alwar, Bareilly, Bhilai, Bhilwara,  Bhopal, Bilaspur, Dehradun,  Dhanbad,  Ghaziabad, Gorakhpur, Gwalaior, Inodre, Jabalpur,  Jaipur,  Jamshedpur, Jodhpur, Kota,  Lucknow,  Mathura, Meerut,  Moradabad, Muzaffarnagar, Noida, Patna,  Raipur, Ranchi, Saharanpur, Udaipur, Ujjain, Varanasi,  CPE Chapters at Beawar, Bikaner,  Bilaspur,  Bhagalpur,  Bhiwadi, Bundelkhand, Chittorgarh, Gorakhpur, Kumaon, Pali Marwar, Ratlam, Sri Ganganagar, Shekhawati and 16  CPE study groups at  to discharge the functioning  of the Regional Council.  Central  Region of the Institute  consist  of seven states viz.  UP, Uttaranchal,  MP, Chattishgarh, Bihar, Jharkhand  &  Rajasthan. Currently  over  1,00,000  students  are pursuing the Chartered Accountancy  Course   and the total number of Members of the Central  Region  is more than 18000. 

 

The Regional  Council plays  a  catelystic  role   in    disseminating professional development and qualification & measures.  It regularly  conducts the CPE Seminars, Conferences, Study Circles Meetings, Teleconferences for members. It also conducts the  the  post qualification courses i.e.  Information Systems Audit (ISA), Diploma  in Insurance  and Risk  Management  (DIRM),  programmes which  is  meant  for updating  the skills  &  equipping the  members with  various  techniques   to  members  in  their professional pursuits.

 

The function  of  the Regional  Council  inter alias  includes  the following:

 

1.      To provide facilities  for  interaction  among  members in its region  by regular  meetings, arrangements of talks and lectures  and for  the acquisition  and  dissemination  of useful  information.

 

2.      To advise  the Council  on all  matters referred to  it  and to  offer such  other  assistance  as  may be  required   and to make representations to the Council   in connection  with the matters  of professional  and business interest  in its region  and  to  offer  suggestions for the amendment  of the Act and these regulations, for raising  the standards  and  status  of  the profession;

 

3.      To propagate  among  the members  the advisability  and the  necessity  of observing  the rules  of professional etiquette and the  provisions  of the act  and these regulations. 

 

4.      To arrange,  if  found  practicable, for coaching candidates  for the aforesaid  examinations at convenient  centers in its region  and  to gather  material from and  to make representation  to the departments  of the government  or other local authorities  in the States within its  region  for the purpose  of  enlisting  their support  in  the furtherance  of  the  interests  of the  members  on  matters  confined to the professional interest  of members within the region

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