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The CA Institute has signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nepal (ICAN).
Nilesh Vikamsey, President, Institute of Chartered Accountants of India (ICAI) and Prakash Jung Thapa, President--ICAN exchanged the MoU in the presence of Prime Minister Narendra Modi and Prime Minister of Nepal Sher Bahadur Deuba here on Thursday.
The MoU seeks to establish mutual co-operation for the advancement of accounting knowledge, professional and intellectual development, advancing the interests of their respective members and positively contributing to the development of the accounting profession in Nepal and India.
ICAI has a membership base of over 5,000 members in Nepal. It may be recalled that ICAI was instrumental in establishment of ICAN in 1997, wherein the ICAI played an important role in establishing systems and procedures relating to examination, technical and administrative areas in ICAN.
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