Union Cabinet approved MoU between ICAI and QFCA

The Union Cabinet recently gave approval to the signing of the Memorandum of Understanding between the Qatar Financial Centre Authority (QFCA) and the Institute of Chartered Accountants of India (ICAI).

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The MoU would enhance cooperation between the Institutes to work together to strengthen the Accounting profession and entrepreneurship base in Qatar. This MoU will benefit Ministry of Corporate Affairs, Institute of Chartered Accountants of India and Qatar Financial Centre Authority.

ICAI has an active Chapter in Doha, Qatar which was established in the year 1981 and is the oldest among the 36 overseas Chapters of the ICAI. Qatar (Doha) Chapter is amongst the most vibrant Chapters of ICAI.

The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament of India, The Chartered Accountants Act, 1949′, to regulate the profession of Chartered Accountancy in India.