Icfai treasury and forex management papers ICAI Bhawan, Post Box No. Members of the Institute are known as Chartered Accountants.
However, the word chartered does not refer to or flow from any Royal Charter. Chartered Accountants are subject to a published Code of Ethics and professional standards, violation of which is subject to disciplinary action. The Institute of Chartered Accountants of India was established under the Chartered Accountants Act, 1949 passed by the Parliament of India with the objective of regulating accountancy profession in India. ICAI is the third largest professional accounting body in the world in terms of membership only to the ACCA and AICPA. The motto of the ICAI is Ya Aeshu Suptaeshu Jagruti . The motto literally means “a person who is awake in those that sleep”.
Apart from its emblem, ICAI also has a separate logo for its members. As a part of a brand building exercise, ICAI introduced this separate new CA logo for the use of its members in 2007. The logo is free for use by all members of ICAI subject to certain conditions. The Indian Chartered Accountancy profession will be the Valued Trustees of World Class Financial Competencies, Good Governance and Competitiveness. The Companies Act, 1913 passed in pre-independent India prescribed various books which had to be maintained by a Company registered under that Act.