The Institute of Chartered Accountants of India (ICAI) is a statutory body set up by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of profession of Chartered Accountancy in the country. ICAI Stands on Four pillars- regulator, Standard Setter, Educator and Partner in Nation Building and has been functioning under the administrative control of the Ministry of Corporate Affairs (MCA) of the Government of India, As an extended arm. In short, Independence, Integrity and Excellence remain the core values of ICAI. Over a period of time, the ICAI has achieved recognition as a premier accountancy body not only in the country but also globally, for maintaining highest standards in technical, ethical areas and for sustaining stringent examination and education standards. Since 1949, the profession has grown leaps and bounds in terms of members and student base.
About Committee for Members in Industry & Business (CMI&B)
Committee for Members in Industry & Business (CMI&B) of ICAI is one of the non-standing committee of which provides platform for synchronizing the objectives of an individual with the organization that creates an interface between the industries to project Chartered Accountants beyond their traditional roles.In light of the changed needs and dynamics of the business, there is a dire need for orienting/ mentoring the Chartered Accountants so that they can compete and provide their expert services. Thus committee is floating the Mentorship Scheme to create an environment where chartered accountants professionals would get an opportunity to develop their skills, knowledge and attributes through effective Mentorship and interactive learning process.