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MoU between Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA)

  • IASbaba
  • May 13, 2021
  • 0
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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.

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