The Cabinet today granted approval to various Memorandums of Understanding inked by the Institute of Cost Accountants of India (ICMAl) and the Institute of Company Secretaries of India (ICSI) with various international organisations. This was an ex-post-facto approval.
The Institute of Cost Accountants of India and the Institute of Company Secretaries of India have signed MoUs with foreign organisations namely Institute of Public Accountants (IPA), Australia, Chartered Institute for Securities and Investment, UK (CISI), Chartered Institute of Public Finance and Accountancy (CIPFA), UK, Institute of Certified Management Accountants, Sri Lanka and Institute of Chartered Secretaries and Administrators (ICSA), UK.