On the sidelines of the international conference concluded on August 9, 2015 that was organised by ICAI, both accounting bodies i.e. ICAI and Chartered Accountants of Australia and New Zealand entered in a joint declaration.Through this joint declaration, both ICAI and Chartered Accountants, Australia and New Zealand dedicate to renew their existing MoU, which is due for renewal (post June, 2015) for augmenting and strengthening the existing relationship by following necessary due compliance.During this interim period, members are allowed to use existing MRA for gaining membership of each other bodies.