The Union Cabinet has granted approval to the Memorandum of Understandings (MoUs) entered into by the Institute of Cost Accountants of India and the Institute of Company Secretaries of India with various countries and organisations. The MoUs seek to facilitate mutual recognition of qualifications and a range of collaborative activities for the exchange of knowledge. The signed MoUs would help in the advancement of the goals on equity, public accountability and innovation among the beneficiaries countries.
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The Institute of Cost Accountants of India (ICoAl) and the Institute of Company Secretaries of India (ICSI) 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.
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