Dear Professional Colleagues, 

Greetings from Research Committee of the Institute of Chartered Accountants of India (ICAI)! 

The Research Committee of the Institute of Chartered Accountants of India is one of the technical committees set up in 1955 with a view to undertake research activities to improve the quality of services rendered by the profession. The primary objective of Research Committee is to undertake research in the field of accounting and other affiliated areas with a view to enhance the value of services rendered by the profession. The Committee undertakes approved research projects on current and continuous basis in various areas which are generally published in the form of Guidance Notes, Technical Guides, Studies, Monographs, etc. on generally accepted accounting principles and practices designed, to enhance the value of the services rendered by the profession. 

We are happy to share that the Institute of Chartered Accountants of India (ICAI) through its Research Committee had launched the following initiatives for the members at large to avail the benefits of such schemes: 

  1. ICAI Doctoral Scholarship Scheme 2021 – For details https://icai.org/post/icai-doctoral-scholarship-scheme-2021 
  2. ICAI Research Project Scheme 2021 - For details https://resource.cdn.icai.org/64169research51506.pdf 
  3. ICAI Awards for Excellence in Financial Reporting 2020-2021– For details https://icai.org/post/icai-awards-for-excellence-in-financial-reporting-2020-21   

We are also attaching herewith the brochures of the above initiatives for your kind reference. 

ICAI Doctoral Scholarship Scheme is open to members of the Institute who were meritious in 10th and 12th standard with not more than 40 years of age and not availed any such scholarships. The scholarship of Rs. 50,000 per month for 3 years will be given for 5 scholars. 

ICAI Research Project Scheme is open for members having experience of more than 10 years either in practice or in employment or experience research scholars of a recognised University. The maximum amount of Rs. 10 lacs will be given. The applicants will be given the time duration of 6 months for completing the research projects after the research proposal is approved by the Research Committee. 

ICAI Awards for Excellence in Financial Reporting is open for the corporates for submitting their annual reports in order to recognise and encourage excellence in preparation and presentation of financial information. 

We request you to kindly popularise the above initiatives of Research Committee among the members by hosting the enclosed brochures on your website and notice board. 

With Warm Regards, 

CA. Anuj Goyal                                              CA. Pramod Kumar Boob 

Chairman, Research Committee                       Vice-Chairman, Research Committee 

 Encl: 3. Brochures