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75 YEARS OF TRUST.. ( ७५ साल विश्वास के.. )

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Strengthening the Profession, Empowering the Nation - The Institute of Chartered Accountants of India (ICAI) has been an integral part of the Indian financial landscape for the last 75 years. Established in 1949, ICAI has played a crucial role in regulating and developing the profession of chartered accountancy in the country. As ICAI celebrates its 75th year of existence under the banner "75 Years of Trust.. | ७५ साल विश्वास के.." it is an opportunity to reflect on its achievements, acknowledge the contributions of its members and reaffirm its commitment towards the profession and society.

ACTIVITIES

Celebrating Vishwas Ka Utsav- Celebration of Trust Celebrating 75 Years of ICAI with 75 Days of Activities!

All Activities

Celebrating 75th Year of Trust

To commemorate this significant milestone, ICAI has meticulously planned a series of activities that will unfold over the course of the next two years. These celebrations will be organized at our dedicated Regional Councils, Branches, Chapters and all other locations of ICAI ensuring that every Member, Student, Government Regulator and public at large can actively participate and be a part of this grand occasion. Hence, join us in celebrating the 75 years of establishment of the Institute of Chartered Accountants of India (ICAI) starting from 1st July, 2023.

Our weekly activities will focus on Social, Environmental, Sustainability Initiatives, Financial Literacy Drives, Blood Donation Camps, Marathons, Walkathons, Debates, Quizzes, Declamations, Sports Competitions and Creative competitions for all Members, Students and Stakeholders of ICAI. Here is a look at some of the activities that we would be conducting under 75 साल विश्वास के - 75 Years of Trust

EVENTS

  • Celebration of 75 Years of Trust
    Camp (July 1st, 2023)

    Celebration of
    75 Years of Trust

  • GloPac - Global Professional
    Accountants Convention (November 24-25, 2023)

    GloPac - Global Professional
    Accountants Convention

All Events

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Glorious Words from Eminent Leaders

“I am confident that ICAI will make a success of all the programmes associated with its Platinum Jubilee Celebrations. And ofcourse, I am confident that ICAl and its members will keep up efforts to build a nation defined by Tax Transparency, Tax Predictability and Tax Compliance." The Hon'ble President further added, "The success of ICAl as a body of professionals is a matter of pride for our country. The community of Chartered Accountants have played a role in the critical transition to GST. I must commend che efforts of all of you.”

Spoken on the occasion of CA Day celebration & launch of Platinum Jubilee celebrations of ICAI held at New Delhi on 1st July, 2019

Shri Ram Nath Kovind

President of India

2019

"Indian accounting professionals have been working relentlessly working to fulfill the dreams of the founding Fathers of their role of quality services envisaged by them. CAs are change agents and also the conscience keepers of the profession as well as for their clients. They also ensure that their clients pay their taxes truthfally and help in nation building. Accountancy has been included in the top 12 champion sectors by the govt. that will have the power to boost the economy of the country. I am sure CAs will understand the deep responsibility they have for nation building. Success of GST wouk not have happened without the support and active contribution of ICAI and the CA community all across the country.”

Spoken on che occasion of 70th CA Day & Platinum Jubilee celebrations of ICAI held at New Delhi on 1st July, 2019

Shri M. Venkaiah Naidu

Vice-President of India

2019

Heartiest greetings and best wishes to everyone at Institute of Chartered Accountants of india (ICAI) for ‘Chartered Acoountants Day’ on July 1 and on completion of 72 years of ICAl's dedicated service to our nation. Trusted with the responsibility of preserving sound health of economic and financial systems, CAs have a significant role in book keeping. The financial skills of our CA professionals are widely acclaimed throughout the world.”

Message ofthe Hon'ble Prime Minister of India to ICAI on the occasion of 72nd CA Day on Ist July, 2021

Shri Narendra Modi

Hon 'ble Prime Minister of India

2021

In present times, we live in a world which offers a vista of opportunities for those who can handle the accompanying serious challenges. The subprime crisis and Eurozone crisis had adversely impacted the global economy including the BRICS nations. The same have reinforced the role of accounting professionals in discharging their responsibility to create public trust. Ethical standards would result in fruitful communication to stakeholders. A highly robust framework was required in the accounting/auditing / financial reporting,

PS accounting and accounting innovation. ICAI has a big role to play in furthering India's economic growth by providing inputs to the government in various fields as well as effective implementation of schemes such as MGREGA.

At ICAI International Conference held in Kolkata in November, 2013

Shri Pranab Mukherjee

President of India

2013

"I compliment you for the high standards of professionalism that you have come to be known for. An Indian chartered accountant is recognised worldwide as being among the best and the brightest in the profession. Your institute has served our country with great distinction. I sincerely believe that we cannot be satisfied with the status quo and I sincerely hope that the best is yet to come, Another 60 years will be still more productive, innovative in the service of the people ofour great country. Indian Chartered Accountants have truly earned a name and fame for themselves like so many of our professional workers. Like our engineers, doctors, scientists, technologists and other professionals, our chartered accountants too faced global competition and to their credit they stood their ground."

Spoken on the occasion of the launch of ICAI Diamond Jubilee celebrations at Vigyan Bhawan, New Delhi on Ist July, 2008

Dr. Manmohan Singh

Prime Minister of India

2008

“Over the years ICAI and its members have made a name for themselves in the development of discipline as well standard of accounting. One of the national challenge is: How do we get maximum economic benefit for the given investment? I believe this is your core competence. The CAs have an integrated experience of auditing, financial advice and financial management and providing leadership to certain industries and establishments.Time has now come for the Chartered Accountants to elevate themselves from component audit to system performance audit. How are you going to prepare yourselves from now the year of completing the 100 years of service in the auditing by the year 2049? Hence the vision of ICAI can be: ‘ICAI will transform into a Financial Management and financial advice organisation with focus towards economic development of the nation and enhancing growth of GDP.

(While speaking on the topic “Chartered Accountants: Partners in National Develoomendat the inauguration ofICAIS International Conference on Accounting Profession: Adding Value To New Horizons Of Economic Growth, at New Delhi on 1st September, 2005)

Dr. A. P. J. Abdul Kalam

President of India

2005

“I compliment the Institute of Chartered Accountants of India for having pioneered the initiatives for creating professional a Facilitating identification of concerns and making comprehensive recommendations on issues relating to conduct of negotiations for various agreements of WTO and their implementation. Friends, you are highly qualified professionals working in every sector of economy and are spread over every part of the country. You are in a unique position to ensure that everyone remains on the right track leading to the path of progress."

Spoken at the Function to release the document "The WTO- Road Ahead" at New Delhi on 22nd February, 2003

Shri Bhairon Singh Shekhawat

Vice President of India

2003

"I must compliment the profession of Chartered Accountants for having served India well in the past five decades. The prestige your profession has acquired is on account of discipline, diligence and dedication which have become the hallmark of your profession. What is more is that you have been able to transmit that sense of discipline and diligence to much of the financial transactions of the Indian economy. Your profession had made rapid stride in the last few decades and your illustrious Institute has been spearheading the economic growth.. The Indian Chartered Accountants have succeeded in meeting the rapidly changing demands of the Indian economy in this era of liberalisation and globalisation. This could not have been possible without the institute laying special emphasis on continuous education and training of your members. This progressive mindset provides a model for other professions. Another feature of your Institute which pleases me is that it is perhaps the only Institute in the world which undertakes the complete range of activities relating to its members and students, and I am particularly happy to note that you have made special endeavours to articulate accounting and auditing standards and improve the quality of corporate functioning..”

Spoken at the Inauguration of Golden Jubilee Celebrations of the Institute on 1st July, 1998 at New Delhi

Shri Atal Bihari Vajpayee

Prime Minister of India

1998

"In so far as the Accountants bring high ethical standards and professional competence in the preparation of accounts and auditors' reports, he undertakes a social responsibility, which is of relevance to all the citizens of his society... In a developing economy, it is the Accountants who are responsible for ensuring that scarce resources are utilised in the most economic fashion and that different manufacturing and other processes are run to the best possible advantage of the organisation as well as the society."

Spoken at 10th CAPA Conference at Siri Fort Auditorium in New Delhi on 21st November, 1983

Shri Giani Zail Singh

President of India

1983

Apart from examining accuracy of transactions, the modern auditor should also look into the propriety of such transactions the profession has to develop uniform accounting principles, standard terminologies and precise definitions of various accounting concepts. This was desirable from the point of view of providing reliable information in the financial statements for the benefit of the intending investors, members of the public, government agencies and financial institutions. This will enable individuals and organisations to form a fairly accurate judgement of the financial position by a study of the audited financial statements of companies."

Spoken at the inauguration of first ever Commonwealth Conference of Accountants held in New Delhi from 6th to 8th February, 1975

Dr. Fakhruddin Ali Ahmed

President of India

1975

“….for safeguarding our own independence and liberty, we have got to provide some checks which automatically do not allow independence and liberty to be misused. Anybody who misuses power loses it: otherwise democracy is not maintained. You, who are accounting for everybody and also auditing the accounts, can do a great deal to improve standards. But to do that you have got to be vigilant all the time, and very humble."

Spoken at 10th Annual Meeting of the Council held on 7th September, 1959

Shri Morarji Desai

Minister for Finance (Former Prime Minister of India)

1959

"I cannot conceive what would happen if there were no accountants and no auditors. Not only the mute shareholders in a private company but the industries and the economy of the country as a whole would suffer without your help and adequate guidance. Members of your Institute have a virtual monopoly in financial accounting and auditing work. They must therefore unreservedly accept their responsibility for creating and maintaining an atmosphere of confidence in so far as it lies in their power to do so. This can be done only if you take a positive view of your duties and responsibilities"

Spoken at 9th and 11th Annual Meetings of the Council held at New Delhi in September, 1958 and September, 1960

Shri Lal Bahadur Shastri

Minister for Commerce & Industry (Former Prime Minister of India)

1958, 1960

"You (CAs) must do your work selflessly, in a spirit of dedication, in an uncompromising way, not caring for powers. but you must do your work for the sake of the community as a whole. In matters relating to the public enterprises which we undertake, our duty should be to see that monies spent are properly spent and that there is no wastage. That is a thing which you have to promote. You will help us in maintaining high standards of public behaviour by your frank and candid accounting and auditing. It is therefore essential that you maintain high standards. Whatever profession you might follow, you should not forget that everyone is an artist in his own line, whether it is in accounting or auditing, whether it is in accounting or auditing, writing or doing the job of a sculptor or a painter.”

Spoken at a meeting of the Chartered Accountants Madras Region held on 5th June, 1958

Dr. S. Radhakrishnan

Vice-President of India (Former President of India)

1958

"The fast increasing tempo of the industrial and economic development of the country makes it imperative that every Chartered Accountant should realise that he belongs to a profession which provides the first line of defence to the unwary public against money grabbers and opportunists. Your responsibility in this matter becomes all the greater because of the autonomy, which your profession enjoys. The confidence of the public in even reliable and well-managed business undertakings would be gravely undermined, if unscrupulous persons were allowed without let or hindrance, to manipulate company accounts or otherwise indulge in malpractices only to serve their own ignoble ends. The Government and the public are therefore alike interested in the maintenance of the independence and integrity of the Accountancy profession but it is primarily for the profession itself to create conditions favorable to the growth of these qualities in its members.”

Spoken on the occasion of the Opening of the Building of the Institute and Inauguration of the First Conference of the Chartered Accountants of India, on Friday, 2nd April, 1954

Dr. Rajendra Prasad

President of India

1954

Inclusiveness of ICAI

25th Central Council of ICAI

Message from President

“As I reflect upon the glorious past and the journey of ICAI, I feel extremely proud of the phenomenal progress that our profession has made over the past seven decades. This year our alma mater is celebrating the 75 years of its existence and this institution has evolved into an educator par excellence, partner in nation building and has established itself as one of the leading accounting bodies in the world. The highly evolved and tech-edged course curriculum prepares future ready professionals.

We are committed to taking forward this legacy towards strengthening the accounting profession globally and given the kind of versatile growth being witnessed by our profession, which is aligned with the growth of the country, I am very optimistic about the inspiring future of our profession.”

CA. Ranjeet Kumar Agarwal

President, ICAI

Message from Central Council Member and Convenor

I am thrilled to announce that the Institute of Chartered Accountants of India (ICAI) has entered its 75th year of excellence. This momentous occasion calls for celebration, and under the tagline "75 years of trust," we will mark this milestone all over the world. The festivities will bring together ICAI members, students, government regulators, the public, and our overseas offices and chapters.

Let us cherish this incredible journey of growth and achievement and continue to uphold the highest standards of professionalism and integrity. Congratulations to everyone associated with ICAI as we embark on a glorious 75th year!

Legacy of the Past, Actions of the Present and Dreams of Future!

CA. Dayaniwas Sharma

Central Council Member and Convenor, Group for ICAI@75

Message from Central Council Member and Deputy Convenor

It is with immense pride and pleasure that I extend my heartfelt congratulations as the Institute of Chartered Accountants of India (ICAI) enters its 75th year of existence. This remarkable milestone is a testament to our enduring legacy of excellence, integrity, and professionalism. As the Deputy Convenor of the ICAI@75 group, I express my gratitude to all members, students, and stakeholders who have contributed to our journey. Let us celebrate this momentous occasion with great enthusiasm and look forward to a future of continued growth, innovation, and success.

CA. (Dr.) Raj Chawla

Central Council Member and Deputy Convenor, Group for ICAI@75