CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of...

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CMII of ICAI-An Overview

Transcript of CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of...

Page 1: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

CMII of ICAI-An Overview

Page 2: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

The Institute of Chartered Accountants of India

Established by an Act of Indian Parliament

Page 3: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Our Mission

The Indian Accountancy Profession will be the Valued Trustee of World Class

Financial competencies, Good Governance and Competitiveness

Page 4: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Profile of ICAI

• Was set up in 1949 under the Chartered Accountants Act, 1949 even before adoption of Constitution of India in 1950

Since then Profession has grown leaps and bounds in terms of Membership and

Student base

Page 5: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Profession in India

• 1,60,000 Members spread throughout the world• Sizeable studentship base – 6,50,000• Increase in percentage of members joining industry• CAs are rendering services in every walk of economic life• Government of India looks at ICAI as Partner in Nation Building• Technical Standards based on International Standards

Page 6: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

ICAI Profile

Particulars No.

ORGANIZATIONAL

Head Office New Delhi

Regional Offices 5Chennai, Delhi, Kanpur,

Kolkata, Mumbai

Branches 126

Chapters Abroad 22

Page 7: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Role of ICAI• To regulate the profession of Accountancy

• Education & Examination of Chartered Accountancy

• Exercise Disciplinary Jurisdiction

• Input on Policy matters to Government

• Ensuring Standards of performance of Members

• Formulation of Accounting Standards

• Prescription of Engagement and Quality Control Standards

• Laying down Ethical Standards

• Continuing Professional Education

• Financial Report Review

• Monitoring Quality through Peer Review

• Conducting Post Qualification Courses

Page 8: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

ICAI Network

New Delhi

Kanpur

Calcutta

Mumbai

Chennai

Chapters Abroad• Abu Dhabi• Bahrain • Botswana• Doha• Dubai• Indonesia• Jeddah• Kuwait• London• Melbourne• Muscat • Nairobi (Kenya)• New York• Nigeria • Port Moresby (Papua New Guinea) • Riyadh • Saudi Arabia (Eastern province)• Singapore• Sydney • Toronto • Zambia

Decentralized Offices

Page 9: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Fours Standing 28 Non-Standing

Committees

Council

Page 10: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Institute Functions

Professional Development

AdvisoryRegulatory

Page 11: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Committee for Members in Industry

Mission

To encourage and enhance close links between the Institute and the Chartered Accountants working in industries in various capacities so as to provide for them, a base of reference in terms of knowledge, expertise, skills and assistance in individual career growth through the development of extensive and intensive relationship with organizations, agencies of the Government, Departments and Ministries of the Central and State Government in such manner as to provide the maximum possible exposures to the world of trade, commerce, industry and Governance, while simultaneously persuing the goal of providing the maximum of employment opportunities.

Page 12: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Committee for Members in Industry

Objectives• To organize campus interviews for newly

qualified Chartered Accountants seeking employment through the Institute.

• To explore and develop new avenues of employment for Members in Industry.

• To provide sector specific assistance in improvement of skills of Members in Industry.

• To consider the problems and issues pertaining to the career planning, ethics and other related matters of the Members in Industry.

Page 13: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Committee for Members in Industry

Objectives• To popularize the Placement Portal of the

Institute. • To bring out background materials/publications

relevant for Members in Industry. • To organize programmes on the topics relevant

to the Members in Industry. • To develop a sector-wise data bank of the

Members in Industry and continue to develop their involvement in the mainstream of the Institute.

Page 14: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Committee for Members in Industry

Objectives• To encourage and recognize the Corporate

entrepreneurs of our profession i.e., Corporate MDs, Chairmen, Presidents, etc. in Industry.

• To consider the ways and means to enhance the participation of the Members in Industry in the activities of the Institute.

Page 15: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Campus Placement Programme August –September 2010

• Highest salary offered in the Campus Placement Programme is Rs 21 Lacs p.a for internationl posting and 15 lacs p.a for domestic posting.

• The Minimum Salary paid is Rs. 3.25 Lacs p.a.• Around 1398 jobs were offered to the candidates who

participated in Campus Placement Programme.• 88 entities including the Corporate organizations and

the Chartered Accountancy Firms have participated during the Campus Placement Programme.

• Total No. of Candidates selected and accepted the offer were 1144 .

• 156 Interview Panels have participated during this Campus Placement Programme

Page 16: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

• Providing placement through Job Portal (http:\\jobs4cas.icai.org)

• Formation of CPE Study circles

• Introducing National Young CA in Industry Award

• Conducted Corporate Forum 2010

• Conducting Programmes and workshops for members in Industry

• Conducting HR Meets

• Organising Special placement Programmes

• Publications for members as well as Newly qualified CAs

• Webcasting with eminent leader in profession

Page 17: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

JOB PORTAL (http:\\jobs4cas.icai.org)

The ICAI Job Portal (http:\\jobs4cas.icai.org) is primarily focused on Experienced Chartered Accountants and Accounting Technicians. Through this our committee is constantly providing its services to recruiting entities and providing a standard platform to jobseekers, so that they have a good number of career opportunities in their hands.

Page 18: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

JOB PORTAL (http:\\jobs4cas.icai.org)

Features of the Job Portal for employers • Job Postings Services • Resume Database Access Subscription • Advanced Search Tools for recruiting

entities• Companies can reach to desired employees

through Job Alerts• Unlimited writing for Job Advertisement• Extremely fast display of Job Advertisement• Facility to monitor the activities done

through the Account.

Page 19: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

JOB PORTAL (http:\\jobs4cas.icai.org)

Features of Job Portal for Candidates • Update Alert for CV• Job Messenger and SMS Facility• Email Alerts• Resume Building Services• Job Search Facility on the Basis of Functional

Area ,Industry,Experience,Locations,Expected Salary,Job Type,Freshness etc

• Covering Letter Option• Hot Employer/Preferred Employer marking

facility

Page 20: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Placement Portal http:\\www.cmii.icai.org

• The placement portal of ICAI provides the placement services to Experienced as well as Newly Qualified Chartered Accountants, it includes all the important announcements, knowledge dissemination, News, Job postings and information pertaining to Committee for Members in Industry.

• The portal provides an opportunity both to employing organisations as well as young professional aspirants / experienced professionals to meet and explore the possibility of taking up positions in Industry.

• It also provides an opportunity to professionals in Finance and Accounting and the industry to interact with the objective of building capacity for an international best practice oriented finance and accounting culture in Indian Industry

Page 21: CMII of ICAI- An Overview. The Institute of Chartered Accountants of India Established by an Act of Indian Parliament.

Best Wishes

To

Transform the

World