ICAI signs MoU to encourage the export of accounting and finance Services.
The Institute of Chartered Accountants of India (ICAI) has signed a Memorandum of Understanding (MoU) with the Service Export Promotion Council (SEPC) having a goal to promote the export of accounting services at the global arena.
Under the MoU, which aims to boost the competitiveness of India’s exports in accounting and finance Solutions, both organizations will organize studies and publish knowledge papers. They will also jointly set up a co-ordination group for creating awareness about the action plan about by the government in various countries.
Under the advice of the Ministry of Corporate Affairs, ICAI has been working towards formulating and implementing an action plan for the growing accounting and finance services industry among the 12 Champion sectors in the nation.
Throughout its Committee for Export of CA Services and WTO (CESWTO), the company is taking various steps for increasing the share of trade in accountancy and related services.