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The Union cabinet on Wednesday approved two Memoranda of Understanding regarding the Institute of Chartered Accountants of India .
An agreement will be signed by ICAI and the Bahrain Institute of Banking and Finance (BIBF) in Bahrain, and the other with the National Board of Accountants and Auditors (NBAA) in Tanzania for the The advancement of accounting knowledge.
Tanzania will contribute to the creation of indirect jobs for Indian Chartered Accountants through recognition and acceptability among Tanzanian-based employers.
The MoU will offer ICAI members the opportunity to broaden their professional horizons and foster strong working relationships. ICAI and NBAA, in Tanzania, and establish a framework for mutual cooperation in the areas of membership management, technical research and professional accounting training.
In Bahrain, the government aims to create a positive impact
Bahrain, with the help of the ICAI, aims to develop the field of accounting and auditing, addressing thus the question of creating a base of competent professional accountants to set the stage. gradual development path of accounting skills.
ICAI will provide technical assistance to BIBF by reviewing the current program on accounting and finance, accounting and finance.
He will also recommend the introduction of his CA course program that will allow BIBF students to write the ICAI exam in order to acquire membership in ICAI [19659002ICAIisastatutorybodyestablishedbyanActoftheParliamentofIndia"TheCharteredAccountantsAct1949"toregulatetheprofessionofCharteredAccountancyinIndia
(This story was not edited by Business Standard staff and is generated automatically from a syndicated feed.)
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