Correct Answer :   July 1

National Chartered Accountants Day or CA Day is observed every year on July 1 to mark the establishment of the Institute of Chartered Accountants of India (ICAI).

To commemorate the start of its 75th-year celebrations, ICAI on Friday unveiled a new logo with the tagline: ‘75 Years of Trust’.

ICAI is proud to unveil the Special Logo designed to commemorate the Start of its glorious 75th Year Celebrations on eve of #CADay2023. ICAI will be celebrating the event as #VishwaskaUtsav showcasing ICAI's name as an embodiment of Independence, Integrity & Excellence.#ICAIat75 pic.twitter.com/5Hn9u42nzG

— Institute of Chartered Accountants of India - ICAI (@theicai) June 30, 2023

National Chartered Accountants Day History : Before the formation of ICAI, the British Government kept accounts under the Indian Companies Act. As per reports, later in 1930, it was decided that the Government of India should maintain a register called the Register of Accountants. Under that system, any person whose name was entered in such register was called a Registered Accountant.

However, because of a lack of proper rules and regulations, it was felt that the accountancy profession was largely unregulated. To solve this, in 1948, an expert committee was created to look into the matter. It was this expert committee that recommended that a separate autonomous association of accountants should be formed to regulate the profession. In 1949, the Government of India accepted the recommendation and passed the Chartered Accountants Act.

National Chartered Accountants Day Significance : The day is marked to recognise the contribution of CAs in the country's financial growth. Chartered accountants are engaged in all fields of business and finance, including auditing, taxation, financial and general management..

Source : Hindustantimes