01/07/2025
📊 Why is 1 July celebrated as Chartered Accountants (CA) Day in India?
🌟 Foundation of ICAI
The Institute of Chartered Accountants of India (ICAI) was established on 1 July 1949 under the Chartered Accountants Act, 1949.
ICAI is the national professional accounting body that regulates the profession of Chartered Accountancy in India.
🌟 Purpose of CA Day
To celebrate the integral role of CAs in ensuring financial transparency, accountability, and economic development.
To acknowledge the contribution of CAs in building the nation’s financial structure — from taxation, auditing, and compliance to advising businesses.
To reflect on the growth and evolution of the accounting profession in India.
