The Institute of Chartered Accountants of India (ICAI) and Institute of Chartered Accountants of the Maldives (CA Maldives) have formally signed a Memorandum of Understanding (MoU), on 20th August 2023, marking a momentous occasion during the SAFA IFRS and ISAs Forum 2023 hosted by CA Maldives.

The collaborative MoU seeks to establish a platform for mutual co-operation, aiming at the advancement of Accounting Knowledge, Professional and Intellectual Development, and the progress of their respective members. This dynamic partnership is poised to make a positive impact on the Accounting Profession in both the Maldives and India. The MoU signifies a pivotal step in strengthening bilateral relations.