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Cabinet approved MoU by ICoAI, ICSI with Foreign Nations

Published on May 28, 2021
Current Context: The Union Cabinet has approved the MoU signed Institute of Cost Accountants of India (ICoAI) and the Institute of Company Secretaries of India (ICSI) with various countries and organisations.
Cabinet approved MoU by ICoAI, ICSI with Foreign Nations
  • The MoU will increase mutual recognition of qualifications and a range of collaborative activities for the exchange of knowledge.
  • The MoU will help to attain equity, public accountability and innovation among the beneficiaries countries.
  • The MoU was signed with foreign organisations like Institute of Public Accountants (IPA), Australia, Chartered Institute for Securities and Investment, UK (CISI), Chartered Institute of Public Finance and Accountancy (CIPFA), UK, Institute of Certified Management Accountants, Sri Lanka and Institute of Chartered Secretaries and Administrators (ICSA), UK.
  • Static Part: 
    • HQ of Institute of Company Secretaries of India (ICSI): New Delhi

Question: 

Q.1 Cabinet approved MoU of which organisation with various countries and organisations like Institute of Public Accountants (IPA), Australia, Chartered Institute for Securities and Investment, UK (CISI) and many more?
a. National Financial Reporting Authority
b. Institute of Cost Accountants of India (ICoAI)
c. Institute of Company Secretaries of India (ICSI)
d. Both (b) and (c)
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