CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Union Cabinet has approved the signing of MoU between the Institute of Chartered Accountants of India, ICAI, and institute of which country to strengthen the Accounting profession?
A
SriLanka
B
Qatar
C
Seychelles
D
Canada
Explanation: 

Detailed explanation-1: -The Institute continued to forge global collaborations to strengthen the development of accounting ecosystem globally, ICAI renewed its MoU with College of Banking and Financial Studies, Oman and Institute of Chartered Accountants of Nepal.

Detailed explanation-2: -As per the Mutual Recognition Agreement reached, members of ICAI who are graduates will be eligible for CPA Australia membership on passing one paper on Business Strategy and Leadership.

Detailed explanation-3: -The Institute of Cost Accountants of India and The Association of Chartered Certified Accountants (ACCA), UK signed a Memorandum of Understanding on 9th August, 2021 to work together towards co-operation in respect of professional training, education and examinations.

There is 1 question to complete.