Amarjit Chopra elected President of ICAI

CA Amarjit Chopra.

Mr Amarjit Chopra was today elected as the President of the Institute of Chartered Accountants of India (ICAI) for 2010-11 while Mr G Ramaswamy was chosen as the new Vice-President.

Mr Chopra has more than three decades of standing as a chartered accountant and, during his tenure in the Central Council of the ICAI, he has been the Chairman of the Accounting Standards Board, Auditing and Assurance Standards Board, and Corporate Laws Committee.

He has also been the Chairman of Expert Advisory Committee, Financial Reporting Review Board, Committee on Corporate Governance and Committee on Internal Audit of the Institute.

The ICAI, set up under the aegis of the Ministry of Corporate Affairs, is the sole regulator of the accountancy profession in India.

It is the second largest professional body of chartered accountants in the world. The number of chartered accounts in the country has grown to 1,61,000 and the student base is 6,20,000-strong.

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