Formation In India, the profession of chartered
accountancy is regulated by the Institute of Chartered Accountants
of India which was established by Parliament under the Chartered
Accountants Act of 1949.
Chartered Accountants India Since then, the
term Chartered Accountant has been used in place of Indian Registered
Accountant. Prior to 1949, Restricted State Auditors were registered
with the respective princely states and British provincial State
the Restricted State Auditors have become redundant. India
Accounting Firms India Associate member of
the ICAI and continues to keep the membership alive through yearly
payment of prescribed fees in only entitled to use the designation
of Chartered Accountant along his name and also use the designatory
letters as CA.