ICAI President CA. K. Raghu has joined the league of high-profile world accountancy leaders serving the profession globally with his election to the Board of International Federation of Accountants (IFAC) for a period of 3 years from 7th November, 2014.

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With this India has retained the highly responsible and prestigious position on the Board of IFAC, which is a global accounting body now comprising of 179 members and associates in 130 countries and jurisdictions and representing approximately 2.5 million accountants.

The Board position to CA. K Raghu is a testimony to ICAI’s growing stature amongst the global accounting fraternity and the International forums and the role played by ICAI in India’s economic momentum.

IFAC’s mission is to serve the public interest by: contributing to the development of high-quality standards and guidance; facilitating the adoption and implementation of high-quality standards and guidance; contributing to the development of strong professional accountancy organizations and accounting firms and to high-quality practices by professional accountants, and promoting the value of professional accountants worldwide; and speaking out on public interest issues.