Any individual who is either an Associate or a Fellow member of the Institute of Chartered Accountants of India (‘ICAI’), and is a resident of the Greater Toronto area (‘GTA’) can apply for membership of the Toronto Chapter of ICAI (‘the Chapter’). He/She is termed in good standing with the Chapter after the appropriate annual chapter membership fees in force has been paid for the year.
ICAI Members residing in Canada but outside of the GTA, and who do not have a local Chapter of the ICAI, may join and participate in the activities of the Toronto Chapter.
Only Members in good standing shall have the right to vote and hold office of the Board of Directors (‘the Board’). The Board has the right to terminate or expel a Member if the Board is satisfied that the Member has been working against the interests of the Chapter and/or profession, indulging in misconduct, unlawful activities or any other appropriate reason as determined by the Board.
The Toronto Chapter (the 1st North American Chapter) is a not-for-profit organization in Toronto, Ontario, Canada for the Alumni (i.e. Associate and Fellow members) of ICAI.
The Chapter was formed with the idea of having a common forum where the members could meet, exchange views and interact professionally with the other members. Also, this provides an ideal opportunity to the members and their families to participate in social functions and reach out to each other.
Since its inception in 2006, the Chapter has provided a platform to share and disseminate knowledge amongst our members as well as project the image of ICAI in Canada. It has also helped in developing excellent relationship between the accounting fraternities of India and Canada. The Chapter continues to enroll new members regularly and has successfully maintained the enthusiasm and commitment amongst the members through various professional development, social events and monthly updates.