Correct Answer : Option (A) - 1st July
Chartered Accountants' (CA) day is celebrated annually on 1st July with an aim to commemorate the findings of the Institute of Chartered Accountants of India (ICAI) by Parliament in 1949.
The ICAI is the only licensing and regulatory body for the profession of accounting and financial auditing in India. Every finance and accounting organisation including National Financial Reporting Authority (NFRA) is required to follow the recommendations of accounting standards made by them.
History : The Chartered Accountants’ Day honors the founding of the Institute of Chartered Accountants of India (ICAI), the second-largest accounting organization in the world and the country’s first national professional accounting body. It was created on July 1st, 1949, as a statutory body by the Indian Parliament under the Chartered Accountants Act. India celebrates this day each year to commemorate the founding of the Institute of Chartered Accountants of India (ICAI).
Significance : CAs have a very important role in the development of our country. Moreover, the ICAI is an institute that regulates the accounting standards in India.
Wishes to send to a Chartered Accountant
* Chartered Accountants create economies and finances to rely on. They create opportunities to grow. Best wishes to you on CA Day!
* Becoming a qualified CA is not a cake walk. It requires a lot of hard work to become one. I wish a very happy CA day to you!
* Without CAs, it is impossible for a company to function, no business in the country can prosper without a CA. Cheers to you on National CA Day!
* Our economy may seem to be tricky to the common man but for a CA, it is like a simple mathematical equation. Best wishes to all the CAs!
Wishing you a very Happy CA Day. It might be easy to learn accountancy but it is certainly very difficult to become a Chartered Accountant. Congratulations on becoming a CA!Source : First Post