The Institute of Chartered Accountants of India (ICAI) signed the Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nepal (ICAN.
The objective of the MoU between ICAI and ICAN is to establish mutual co-operation for the advancement of accounting knowledge, professional and intellectual development, advancing the interests of their respective members and positively contributing to the development of the accounting profession in Nepal and India.
ICAI has a strong membership base of over 1000 members in Nepal qualified from ICAI. The MoU aims at mutually work together for sharing and knowledge transfer of best practices in the Accountancy and Auditing profession in Nepal and India. Through such activities, ubstantial goodwill is expected to be generated for India, Indian citizens and Indian Chartered Accountants in the Nepal.
The Institute of Chartered Accountants of India (ICAI) was instrumental in the establishment of the Institute of Chartered Accountants of Nepal (ICAN) in 1997.