Institute of Chartered Accountants of India:
Institute of Chartered Accountant of India has been established under the Charted Accountants Act, 1949, enacted by the Parliament to regulate the profession of Charted Accountants. The Institute of Chartered Accountant of India has achieved recognition as a premier accounting body not only in the country but also globally for its contribution in the fields of education, professional development, maintenance of high accounting , auditing and ethical standards.
Institute of Chartered Accountant of India is the second largest accounting body in the world. The affairs of the ICAI are managed by a Council of 40 members including 8 nominees of the Central Government in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988 framed there under. The institute is engaged in imparting education and training to the students. The Institute has nearly 1,55,000 members and more than 6,25,000 falling under 5 Regional Councils,125 branches and 21 overseas chapters spread across the globe.
Vellore Branch profile:
The Vellore Branch of Southern India Regional Council of Institute of Chartered Accountant of India was set up on 30.08.1987 and inaugurated by CA. R.BALAKRISHNAN, FCA, Past President of Institute of Chartered Accountant of India.
The branch was started with 125 members and at present it has more than 200 members. Out of it almost 130 members are in practice, out of 200 members the branch is having 15 female members.
The branch serves mainly for three important districts namely Vellore District, Tiruvannamalai District & Kancheepuram District.
Branch Mile stones:
The branch own building foundation stone laying function was held on 27.08.2004 by CA.T.N.MANOHARAN FCA, Past President of Institute of Chartered Accountant of India and by J.VENKAESWARLU FCA, Chairman of Southern Indian Regional Council of Institute of Chartered Accountant of India.
The New Branch Own Building â€œICAI BAHAWANâ€ was inaugurated on 13.06.2008 by CA VED KUMAR JAIN, President of Institute of Chartered Accountant of India, CA UTTAM PRAKASH AGARWAL, Vice President of Institute of Chartered Accountant of India, PADMASHREE CA.T.N.MANOHARAN FCA, Past President of Institute of Chartered Accountant of India and CA P.RAJENDRA KUMAR, Chairman of South Indian Regional Council of Institute of Chartered Accountant of India.
The branch premises are approximately 3920 square feet in ground and first floor, have all common facilities. It has a well maintained air conditioned library for use of members and students, an air conditioned conference hall and class rooms.
The branch is having its own well maintained air conditioned Information Technology Training lab with capable to handle 30 students on each batch. With the great effort of members from Vellore, Vellore branch is having exam center in Vellore.