National Chartered Accountants Day 2022: History, Significance

National Chartered Accountants Day 2022: History, Significance – Every year, Chartered Accountants’ Day or CA Day is observed on July 1st in India to commemorate the foundation of the Institute of Chartered Accountants of India (ICAI) on July 1, 1949. This day is also known as ICAI Foundation Day. 

  • ICAI is one of the oldest professional institutes in India and was established by the Parliament of India in the year 1949.
  • It is the second-largest accounting and statutory body in the world.

Chartered Accountants Day: History

  • The Institute of Chartered Accountants of India (ICAI) was founded on July 1st, 1949, as a statutory body by the Indian Parliament under the Chartered Accountants Act.

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