The Parliament on 18th April, 2022 has issued the Cost and Works Accountants and the Company Secretaries (Amendment) Act, 2022 to amend the Chartered Accountants Act, 1949, the Cost and Works Accountants Act, 1959 and the Company Secretaries Act, 1980.
The amendment provides for constitution of a Coordination Committee consisting of the President, Vice-President and the Secretary of the Council of each of the Institutes of Chartered Accountants of India, the Cost Accountants of India and the Company Secretaries of India for the development and harmonization of the professions of Chartered Accountants, Cost Accountants and Company Secretaries.
