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Union Cabinet approved MoU between India’s ICAI and BIBF, Bahrain: Details
Union Cabinet approved MoU between India’s ICAI and BIBF, Bahrain: Details, Aim, Purpose
Union Cabinet chaired by Prime Minister Narendra Modi has approved Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and Bahrain Institute of Banking and Finance (BIBF), Bahrain to work together to strengthen the accounting, financial and audit knowledge base within Bahrain.
Under the MoU, ICAI will provide technical assistance to BIBF by reviewing the current curriculum of BIBF related to accounting and finance. It will also propose the introduction of its CA Course curriculum that will facilitate BIBF students to write ICAI's Examination with an aim to acquire membership of ICAI.
Also, ICAI will provide technical assistance in holding ICAI's professional examination for qualified BIBF students.
The MoU will provide an opportunity to the ICAI members to expand their professional horizon and simultaneously it will help ICAI to become an entity to aid strengthen the building of local national capabilities.
About India’s 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.
Bahrain
Capital: Manama
Largest City: Manama
Currency: Bahraini dinar
Official Language: Arabic
King: Hamad bin Isa Al Khalifa
Crowned Prince: Salman bin Hamad bin Isa Al Khalifa
Prime Minister: Khalifa bin Salman Al Khalifa
