We Are Toronto Chapter of ICAI

The Toronto Chapter of ICAI is the first North American Chapter which is a not-for-profit organization in Toronto, Ontario, Canada for the Alumni (i.e. Associate and Fellow members) of ICAI. The primary objective of the Toronto Chapter is to provide networking and professional development opportunities to its members. The Chapter was inaugurated by the then President of ICAI, Mr. Sunil Talati.

The Chapter was formed with the idea of having a common forum where the members could meet, exchange views, and interact professionally with 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 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 members through various professional development and social events, as well as through the annual magazine.

The Chapter has made tremendous achievements since its inception in terms of its membership, professional development activities, and presence on the web. Its website, www.icaitoronto.com, is a repository of valuable information about its activities, membership benefits programs, publications, and its past and forthcoming events. The website stores presentations made at professional development events for members to view or download later at their convenience.

Aims & Objectives

• To help promote and foster a sense of community, loyalty, fellowship, fraternity, partnership, and professionalism among ICAI members living in the GTA.
• To provide information and guidance to its members through mentoring.
• To advocate the quality and professional standards of ICAI members in the Canadian society through programs, activities, and events of educational, social, charitable, cultural, recreational, sporting, and professional nature involving members and their families.
• To establish and maintain close relationship with members of ICAI and its Chapters, and other organizations to have synergies of interest.
• To conduct regular meetings involving members for exchange of information on topics of mutual interest by organizing technical sessions on accounting, auditing, taxation, information technology, and other topics of interest.
• To disseminate and provide informal consultation related to the development of accounting profession in different sectors by keeping members informed of the recent changes in the accounting profession in Canada, India, and at the global level (changes in accounting standards, regulations, corporate governance, taxation, and any other topic relevant to members).
• To liaise with professional accounting bodies in Canada such as Chartered Professional Accountants Canada (CPA Canada), Chartered Professional Accountants Ontario (CPA Ontario Ontario) and others within the guidelines of ICAI to increase and enhance the awareness of ICAI and its members to eventually achieve full reciprocity.