UPSC Articles
MoU between Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA)
Part of: GS Prelims and GS – II – International Relations
In news
- The Union Cabinet has approved signing of MoU between Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA).
Key takeaways
- The MoU would enhance cooperation between the Institutes to work together to strengthen the Accounting profession and entrepreneurship base in Qatar.
- ICAI has an active Chapter in Doha, Qatar which was established in the year 1981 and is the oldest among the 36 overseas Chapters of the ICAI.
- Qatar (Doha) Chapter is amongst the most vibrant Chapters of ICAI.
Important value additions
The Institute of Chartered Accountants of India (ICAI)
- It is a statutory body established under The Chartered Accountants Act, 1949′.
- Objective: To regulate the profession of Chartered Accountancy in India.