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Membership Result December 2015 ::Result : : Mark Sheet   |||    Result of Chartered Accountancy Examination December 2015 : :Result : : Mark Sheet |||    Notice Regarding Minimum Audit Fee||| Clarification Regarding Minimum Audit Fee    |||     ACCA Exemption Procedure to Admit in ICAN     |||    Foreign Professional Bodies Articleship Training Procedure-2014 |||        Notice of One Year Internship
 

Introduction

The Institute of Chartered Accountants of Nepal (ICAN) was established under a special act, The Nepal Chartered Accountants Act, 1997 to enhance social recognition and faith of people at large in the accounting profession by raising public awareness towards the importance of accounting profession as well as towards economic and social responsibility of the accountants, and to contribute towards economic development of the country. The Institute is an autonomous body and the Council is fully authorized by the Act to undertake accountancy profession in Nepal.

History

1934 The first ever Companies Act in Nepal legislated
1956 New Companies Act enacted.
Books of accounts to be maintained specified. Accounts to be audited by an auditor licensed by the Dept of Industries
1974 Auditors' Act legislated, which entrusted the Office of Auditor General (OAG) to issue auditor's license and set qualification of auditors in four different classes of Registered Auditors.
Chartered Accountants with five years experience given Class A license with unlimited authority to audit any organization. Others are given license of Class B, C, and D depending upon the education and experience as specified in the Auditors' Act.
Disciplinary powers vested upon the Auditor General who was to receive recommendation from a Disciplinary Committee.
1978 Formation of the Association of Chartered Accountants of Nepal (ACAN) as a voluntary social organization with an initial membership of 15 Nepali chartered accountants.
ACAN applied for registration under the Societies Registration Act
1979 New Companies Act enacted.
1982 ACAN registered under the Societies Registration Act
ACAN formally inaugurated by the Minister of Finance
1984 ACAN invited to participate in the South Asian Federation of Accountants (SAFA) as an Observer.
1985 SAFA formed a Committee to assist ACAN in recommending to the Government for the formation of an accounting body in Nepal.SAFA committee submitted a report.
1988 HMG formed a high level study group to recommend on the formation of an autonomous self regulatory accounting body in Nepal.
1990 ACAN held a SAFA international seminar, which was inaugurated by the Prime Minister who committed the formation of an accounting body in Nepal
Accounting profession's image was uplifted.
1997 Nepal Chartered Accountants Act, 1997 received the royal seal on 30 January 1997.
The Institute of Chartered Accountants of Nepal (ICAN) established.
ICAN to have two classes of members: Chartered Accountants and Registered Auditors.
Auditors' Act to be repealed upon the notification in the Official Gazette.
All Registered Auditors holding audit license invited to apply for the membership of ICAN.
First Council of ICAN formed on 1 August 1997.
Membership of the South Asian Federation of Accountants (SAFA)
New Companies Act enacted with revised provision on accounting and auditing
1998 MOU on technical cooperation signed with the Institute of Chartered Accountants of India.
Membership of the Confederation of Asian and Pacific Accountants (CAPA)
1999 Nepal Chartered Accountants Regulation 1999 came into effect on 29 September 1999
Launching of ICAN along with an international seminar
HMG signed technical assistance agreement with ADB for capacity building of ICAN for a project of 12 months period.
2000 First CA Examination held in November 2000
2002 First Amendment of Nepal Chartered Accountants Act, 1997
ICAN was made the only regulating authority in accounting profession when the Act was amended.
2003 ICAN became Associate Member of IFAC in 2003
2004 ICAN signed second MOU with ICAI in July 2004
2008 ICAN became full Member of International Federation of Accountants (IFAC) in November 2008
2009 Government of Nepal provided land to ICAN on 09 November 2009
2013 ICAN signed MOU with Malaysian Instititute of Accountants (MIA) in 10 May 2013
2014 Building Inauguration by Rt. Hon'ble president of Nepal on 13 July 2014

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Notice

40 Hrs. IT Training Notice

40 Hrs. IT Training Notice


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Notice of GMCS Training

Notice of GMCS Training


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Notice of Crash Course

Notice of Crash Course


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Notice Regarding IT Training for Students

Notice Regarding IT Training for Students


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Notice of Monitoring Committee

Notice of Monitoring Committee


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Press Release

Press Release


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Accounting Technician Examination Result March - 2016

Accounting Technician Examination Result March - 2016


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List of third Executive Committee Member of NCASA

List of third Executive Committee Member of NCASA


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CPE for Membership

CPE for Membership


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Revised Syllabus CAP-II

Revised Syllabus CAP-II


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Notice of Malaysia Exposure Visit

Notice of Malaysia Exposure Visit


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CPE Training Schedule 2072-73

CPE Training Schedule 2072-73


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Notice of Final Selection of Scholarship for 2072

Notice of Final Selection of Scholarship for 2072


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Notice of Monitoring Committee

Notice of Monitoring Committee


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Notice to the Member regarding Audit Firm

Notice to the Member regarding Audit Firm


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Clarification Regarding Minimum Audit Fee

Clarification Regarding Minimum Audit Fee


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Notice of IT Training

Notice of IT Training


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CAP-II Registration Notice

CAP-II Registration Notice


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Press Release

Press Release


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Notice of Code of Ethics

Notice of Code of Ethics


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Notice Regarding Minimum Audit Fee

Notice Regarding Minimum Audit Fee


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Notice of One Man One Profession

Notice of One Man One Profession


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Notice of Nepal standards on Auditing (New)

Notice of Nepal standards on Auditing (New)


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Invitation to join a panel of resource person

Invitation to join a panel of resource person


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Revised Syllabus CAP-III

Revised Syllabus CAP-III


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Notice of Syllabus Revision

Notice of Syllabus Revision


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Notice of One Year Internship

Notice of One Year Intership


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Notice to Student

Notice to Student


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Notice to Member (Audit Limit)

Notice to Member


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Notice for CA Members

Notice for CA Members


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New Provision for CA Membership Examination

New Provision for CA Membership Examination


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Notice of Peer Review Board

Notice of Peer Review Board


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Notice for Peer Review

Notice for Peer Review


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Notice to Members - About NRB Directives

Notice to Members


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Student Registration Fee

Student Registration Fee


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Notice to Members

Notice to Members


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Notice of Peer Review Board

Notice of Peer Review Board


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Invitation to Join a Panel of Resource Person (Education)

Invitation to Join a Panel of Resource Person (Education)


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NCASA Fee

NCASA Fee


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Recent Activities

Meeting with Nepal Rastra Bank

Meeting with Nepal Rastra Bank


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MoU between ICAN and Pokhara University

MoU between ICAN and Pokhara University


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Capacity Development Training on “Auditing System”

Capacity Development Training on “Auditing System”


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Training course on NFRS/NAS

Training course on NFRS/NAS


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Conference on Emerging Issues in Accounting Profession

Conference on Emerging Issues in Accounting Profession


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