The Council of ICAI takes immense pleasure in presenting its 71st Annual Report for the year ended 31st March 2020. Since the inception of the Institute on 1st July 1949 by an Act of Parliament, the Chartered
Accountancy profession has grown tremendously. Founded with about 1,700 members, the Institute has 307238 members as on 31st March, 2020. The Report highlights the important activities of the Council and its various Committees during the year 2019-2020, besides the accounts of the Institute for the year ended on 31st March 2020. The Council also takes this opportunity to submit in this Report major initiatives, important events, statistical data relating to members, students, details of seminars, conference, workshop, training programmes organised during the period upto early July 2020. The Council acclaims its members and students for the respect which the Chartered Accountancy profession commands today in the society. This has been achieved through excellence, independence and integrity displayed by the members and students all along.