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National Chartered Accountant (CA) Day 2024: Date, origin, significance—All you need to know | When Is News

2024-07-01 17:45:02

National Chartered Accountant (CA) Day 2024 Date and History: National Chartered Accountants Day, also known as CA Day, is an annual celebration held in July to honour the founding of the Institute of Chartered Accountants of India (ICAI) in 1949.

This day holds immense significance for the accounting and finance community in India, as it recognises the crucial role that chartered accountants play in shaping the economic and financial ecosystem.

Celebrating its 76th year, ICAI—the exclusive licensing and regulatory authority for accounting and financial auditing in India—holds one of the prestigious positions of India’s oldest and most respected financial and accounting organisation. Here is all you need to know about the day.

National CA Day 2024: Date and Origin

In India, National Chartered Accountants Day is marked every July 1st, and in 2024 it will be observed on a Monday. It is one of the most important days for the accounting and finance communities across the nation, as it honours the founding of the Institute of Chartered Accountants of India (ICAI) back in 1949.

Institute of Chartered Accountants of India (ICAI)

The Institute of Chartered Accountants of India (ICAI) was established in 1949 through a parliamentary act. Notably, the ICAI holds the honour of being the world’s second-largest professional organisation for chartered accountants, with a strong tradition of service to the Indian economy in the public interest.

National CA Day 2024: Significance and Celebrations

Celebrating National Chartered Accountants Day is a way to acknowledge the invaluable contributions of CAs and accounting professionals to the financial and economic growth of the country. One of the trusted advisors who provide vital services such as auditing, taxation, accounting, financial analysis, risk management, and corporate law, the day is celebrated to express gratitude and appreciation for the dedication, expertise, and ethical standards demonstrated by chartered accountants, thereby underscoring the significance of continuous professional development and the need for widespread financial literacy.

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