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 About ICAI ARF
 

The Institute of Chartered Accountants of India, set up under an Act of Parliament – The Chartered Accountants Act, 1949, has set up ICAI Accounting Research Foundation (ICAI-ARF) in January, 1999 as a Section 25 company – a core research body in the areas of accounting, auditing, capital market, fiscal policies, monetary policies and other related disciplines. Since then, ICAI-ARF has undertaken many projects involving basic and applied research. ICAI ARF believes that proper research inputs are necessary condition for raising the level of corporate governance, management, accounting and financial reporting. High quality research projects would also, needless to mention, provide valuable inputs in formulation of policies and implementation thereof at macro and micro levels.

 

 Research Chair

As one of the many initiatives, the Board of ICAI – ARF has decided to institute research chairs on the topics of high relevance, for example, Accounting and Accountability in Government, Corporate Governance, Financial Reporting, Corporate Social Reporting, Environmental Accounting, Audit Committees etc. The scope and horizon might vary depending upon the need and relevance of specific industry or the sector of the economy. To begin with, ICAI –ARF has decided to set up three chairs.