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National Chartered Accountant Day 2022 – July 1

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National Chartered Accountant Day - July 1 2022

The National Chartered Accountants (CA) Day is annually observed across India on 1st July to commemorate the formation of the Institute of Chartered Accountants of India (ICAI) on 1st July 1949. It is also known as ‘ICAI Foundation Day’.
  • 1st July 2022 marks the observance of the 74th National Chartered Accountants (CA) Day.

Key points:

i.As a part of the 74th Chartered Accountants Day celebration, the ICAI has organized an event in New Delhi. The chief guest was Girish Chandra Murmu, Comptroller and Auditor General of India (CAG).

India to host 21st WOCA:

ii.In November 2022, India will host the 21st World Congress of Accountants (WCOA) for the first time.

  • Theme for WCOA 2022- ‘’Building Trust Enabling Sustainability’’.

About Institute of Chartered Accountants of India (ICAI):

i.The ICAI is  India’s first professional accounting body and  it was created as a statutory body by the  Parliament under the Chartered Accountants Act 1949.
ii.ICAI is the only licensing cum regulating body of the financial audit and accountancy profession in India.
iii.It  sets the managing guidelines for chartered accountants, administers the exams, grants certificates of practice, etc.
iv.The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in public interest.

President- Dr. Debashis Mitra

Headquarters- New Delhi.