Headquarters 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 Forex certification exam india 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.