ICAI and CA Maldives partner for advancement of Accounting Knowledge
This partnership is poised to make a positive impact on the Accounting Profession in both the Maldives and India.
In a significant move towards fostering cooperation, the Institute of Chartered Accountants of India (ICAI) and the Institute of Chartered Accountants of the Maldives (CA Maldives) have formally signed a Memorandum of Understanding (MoU).
The collaborative MoU seeks to establish a platform for mutual co-operation, aiming at the advancement of Accounting Knowledge, Professional and Intellectual Development, and the progress of their respective members.
This partnership is poised to make a positive impact on the Accounting Profession in both the Maldives and India. The MoU signifies a pivotal step in strengthening bilateral relations.
President of ICAI, CA. Aniket Sunil Talati, expressed his enthusiasm, stating, “Our aim in signing the MoU with CA Maldives is to provide ICAI’s technical support and resources, including technical standards, SOP’s, study materials, and expert faculties for conducting collaborative programs. This will undoubtedly contribute to the development of the accountancy profession in Maldives.” Furthermore, he added, “ICAI is committed to supporting CA Maldives in its pursuit of membership with the International Federation of Accountants (IFAC).”
Speaking at the event, CA Maldives President, Hussain Niyazy, who also serves as the Auditor General of the Maldives, shared, “Through this MoU, ICAI is keen on providing CA Maldives with our technical support and resources, including technical standards, study materials, and expert faculties. This support will aid CA Maldives in conducting courses and enhancing the capabilities of its members, thereby playing a pivotal role in the professional growth of the accountancy community in the Maldives.”
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Abhay an alumnus of IIMC and Delhi University, has over a decade long experience of reporting on various beats of journalism. During his free time he prefers listening to music or play indoor and outdoor games.
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