The Institute of Company Secretaries of India, The Institute of Cost Accountants of India and the Institute of Chartered Accountants of India signed an MOU for setting up a Centre of Excellence and Ethics at Ajmer, Rajasthan.
Sachin Pilot, Minister of State (Independent Charge) for Corporate Affairs and Naved Masood, secretary, Ministry of Corporate Affairs graced the occasion. CS SN Ananthasubramanian, president, council of the ICSI, CS Harish K Vaid, VP, council of the ICSI and CS Nesar Ahmad, immediate past president, Council of the ICSI were also present along with dignitaries of the other two professional institutes.
The objective of the MOU is to create a knowledge hub and organising programmes aimed at capacity building through financial literacy and accounting education for the benefit of local population. It also includes student and member activities, professional development activities, workshops and seminars and outreach activities.
Conducting research and outreach programmes on investors education and protection, corporate governance and the best practices globally followed in the areas of accounting, cost management, corporate governance etc is also another drive in this MoU.