What Does Institute of Chartered Accountants of India Do?

Total employees2330
HeadquartersNew Delhi
Founded1949

The Institute of Chartered Accountants of India (ICAI) is a statutory body established on July 1, 1949, under the Chartered Accountants Act, 1949, for regulating the profession of Chartered Accountancy in India. With approximately 400,000 members and over 800,000 students, ICAI is the second largest professional accounting and finance body in the world. Its primary functions include prescribing qualifications for a Chartered Accountant, conducting examinations, setting accounting and auditing standards, and regulating the profession. ICAI is recognized for its significant contributions to education, professional development, and the maintenance of high accounting, auditing, and ethical standards in India and globally.

Where Is Institute of Chartered Accountants of India's Headquarters?

HQ Function

Serves as the primary administrative, policy-making, and regulatory hub for ICAI. It coordinates the activities of its regional councils and branches, develops standards, conducts examinations, and manages disciplinary matters.

Notable Features:

ICAI Bhawan in New Delhi is a prominent landmark. It features modern infrastructure including a well-stocked library, extensive conference and meeting facilities, and examination halls. The building is designed to support the diverse administrative, educational, and regulatory functions of the institute.

Work Culture:

A highly professional, disciplined, and regulatory-focused environment. The culture emphasizes adherence to accounting standards, ethical practices, continuous learning, and professional development for its members and staff.

HQ Significance:

The headquarters is the apex body responsible for all regulatory and developmental activities of the accountancy profession in India. It plays a crucial role in shaping national financial reporting standards, corporate governance, and contributing to economic policy formulation.

Values Reflected in HQ: The headquarters' operations and architecture aim to reflect ICAI's core values: Integrity, Professionalism, Excellence, Independence, and a commitment to ethical governance and transparency in the accounting profession.

Location:

ICAI has a significant global footprint with 47 overseas chapters and 34 representative offices spanning major cities across 5 continents. These international outposts are pivotal in supporting Indian Chartered Accountants working abroad, fostering collaborations with international accounting bodies, promoting Indian accounting standards, and providing professional development opportunities to its members globally. This extensive network also plays a role in facilitating foreign investment into India by showcasing the strength, credibility, and global comparability of the Indian accountancy profession.

Street Address:

ICAI Bhawan, Indraprastha Marg, Post Box No. 7100

City:

New Delhi

State/Province:

Delhi

Country:

India

Where Else Does Institute of Chartered Accountants of India Operate Around the World?

Mumbai, Maharashtra/India

Address: ICAI Tower, Plot No. C-40, G Block, Opp. MCA Ground, Next to Standard Chartered Bank, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

To cater to the needs of members and students in Western India, conduct examinations, organize seminars, workshops, and implement ICAI's policies and initiatives at a regional level.

Chennai, Tamil Nadu/India

Address: ICAI Bhawan, No. 122, Mahatma Gandhi Road, Nungambakkam, Chennai - 600 034

To facilitate professional education, training, and regulatory compliance for members and students in the Southern states of India, ensuring adherence to ICAI standards and fostering professional excellence.

Kolkata, West Bengal/India

Address: ICAI Bhawan, 7, Anandilal Poddar Sarani (Russell Street), Kolkata - 700 071

To support the professional growth of CAs and aspiring students in the Eastern region, fostering a strong network, upholding the institute's standards, and contributing to regional economic development.

Kanpur, Uttar Pradesh/India

Address: ICAI Bhawan, 16/77, Civil Lines, The Mall, Kanpur - 208001, Uttar Pradesh

To extend ICAI's reach and services across Central India, ensuring uniform standards in accounting education and practice, addressing regional professional needs, and promoting financial literacy.

Buying Intent Signals for Institute of Chartered Accountants of India

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Notable news
Hiring actively
Corporate Finance
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Who's Leading Institute of Chartered Accountants of India? Meet the Executive Team

As of April 2025, Institute of Chartered Accountants of India' leadership includes:

CA. Ranjeet Kumar Agarwal - President (2024-2025)
CA. Charanjot Singh Nanda - Vice-President (2024-2025)
CA. (Dr.) Jai Kumar Batra - Acting Secretary

Who's Investing in Institute of Chartered Accountants of India?

Institute of Chartered Accountants of India has been backed by several prominent investors over the years, including:

Not Applicable. The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of the Indian Parliament (The Chartered Accountants Act, 1949). It is not a privately owned or publicly traded company and therefore does not have external equity investors.

What Leadership Changes Has Institute of Chartered Accountants of India Seen Recently?

Hire2
Exits2

The Institute of Chartered Accountants of India (ICAI) experiences annual changes in its top leadership positions of President and Vice-President. These office-bearers are elected by the Central Council members for a one-year term. The most recent leadership transition took place in February 2024 for the 2024-2025 term.

Departures

CA. Aniket Sunil Talati, CA. Aniket Sunil Talati completed his term as President of ICAI at the conclusion of the 2023-2024 term.
CA. Ranjeet Kumar Agarwal, CA. Ranjeet Kumar Agarwal completed his term as Vice-President (2023-2024) upon his election as President for the 2024-2025 term.

New Appointments:

CA. Ranjeet Kumar Agarwal, CA. Ranjeet Kumar Agarwal appointed as the new President of The Institute of Chartered Accountants of India for the term 2024-2025.
CA. Charanjot Singh Nanda, CA. Charanjot Singh Nanda appointed as the new Vice-President of The Institute of Chartered Accountants of India for the term 2024-2025.

What Technology (Tech Stack) Is Used byInstitute of Chartered Accountants of India?

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Institute of Chartered Accountants of India Email Formats and Examples

The Institute of Chartered Accountants of India (ICAI) utilizes `icai.org` and `icai.in` as its primary email domains for official communications. For specific inquiries, it is advisable to use the contact details or forms provided on the official ICAI website or its regional council/branch pages. Key office bearers and departments typically have designated official email addresses.

Common formats for key roles are `[role]@icai.in` (e.g., `president@icai.in`). For general staff, while not publicly confirmed, formats like `[firstname].[lastname]@icai.in` or `[firstinitial][lastname]@icai.in` could be in use.

Format

president@icai.in

Example

75%

Success rate

What's the Latest News About Institute of Chartered Accountants of India?

The Hindu Business LineMay 20, 2024

ICAI bats for joint audit for large corporate entities

ICAI President Ranjeet Kumar Agarwal advocated for the implementation of joint audits for large corporate entities in India, citing benefits such as enhanced audit quality, better risk management, and increased capacity building within the auditing profession. The institute intends to engage further with regulatory authorities on this proposal....more

The Economic TimesMay 15, 2024

ICAI to develop separate audit standards for MSMEs, small companies

The Institute of Chartered Accountants of India (ICAI) announced plans to formulate distinct auditing standards specifically tailored for Micro, Small, and Medium Enterprises (MSMEs) and smaller unlisted companies. This initiative aims to simplify compliance, reduce the burden on smaller entities, and improve the relevance and quality of their audits....more

The Hindu Business LineFebruary 12, 2024

Ranjeet Kumar Agarwal takes charge as new ICAI President

CA. Ranjeet Kumar Agarwal has been elected as the President of The Institute of Chartered Accountants of India (ICAI) for the term 2024-25. Simultaneously, CA. Charanjot Singh Nanda has been elected as the Vice-President of ICAI for the same term. The new leadership team assumed office following the Central Council meeting....more

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