Updated By: LatestGKGS Desk
Union Cabinet approved MoU between ICAI and NBAA, Tanzania
Union Cabinet approved MoU between ICAI and National Board of Accountants and Auditors, Tanzania: Details, Aim, Purpose
Union Cabinet chaired by Prime Minister Narendra Modi has approved the signing of a Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and National Board of Accountants and Auditors (NBAA), Tanzania.
The MoU aims to establish mutual co-operation framework in the areas of Member Management, Professional Ethics, Technical Research, Continuing Professional Development, Professional Accountancy Training, Audit Quality Monitoring, Advancement of Accounting Knowledge, Professional and Intellectual Development.
The MoU aims to develop a mutually beneficial relationship in the best interest of ICAI members, students and their organisations.
The MoU will provide an opportunity to the ICAI members to expand their professional horizons and foster strong working relations between the ICAI & NBAA, Tanzania.
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.
Tanzania
Capital: Dodoma
Largest City: Dar es Salaam
Currency: Tanzanian shilling
National Language: Swahili
President: John Pombe Magufuli
Prime Minister: Kassim Majaliwa
