ICAI approves global networking guidelines for level-playing-field collaborations

The Institute of Chartered Accountants of India (ICAI) has approved Global Networking Guidelines for Level-Playing-Field Collaborations.

ICAI President CA Charanjot Singh Nanda, along with ICAI Vice-President CA Prasanna Kumar D, briefed the media on the transformative decisions taken by the 447th Council here on Thursday. A major highlight of the reforms is the Council’s approval of key amendments to the Advertisement Guidelines through the revised Code of Ethics.

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This long-awaited move opens new possibilities for Indian CA firms, especially emerging and mid-sized practices, to enhance visibility, expand their reach, and compete confidently at a global level.

The significant step toward building Big Indian Firms, the Council, has approved the ICAI (Global Networking) Guidelines, 2025, a milestone that unlocks a new era of global partnerships for Indian CA firms.

These guidelines provide a structured, transparent, and compliant framework for Indian CA firms, domestic networks, and ICAI-registered consultancy companies to forge international affiliations and access opportunities across global markets.

They further empower domestic networks to collaborate with overseas entities across jurisdictions.

“The objective is clear: create a level playing field where small and medium Indian CA firms can participate meaningfully in global collaborations. With this framework, Indian firms gain access to shared global knowledge, specialised expertise, advanced tools and technology, and the collective brand strength of international networks,” the ICAI said.

Together, these reforms equip Indian firms with sharper capabilities, broader global exposure, and significantly enhanced opportunities to scale.

Further to empower the CA Firms, the Council of ICAI at its 447th Meeting approved the revised 13th Edition of the Code of Ethics.

The new Code will be applicable from April 1, 2026.

The Council has approved pivotal amendments in the provisions relating to Advertisement and Website Guidelines in the Code of Ethics. This marks a major step toward creating an ecosystem where Indian firms can grow, compete, and position themselves on a global scale.

The updated Guidelines on Advertisements and Websites will enhance accessibility, improve professional visibility, and align with contemporary global practices. The revisions in the scope of the “write-up” of advertisements and other revisions will give greater creative flexibility to members. These revisions collectively enable chartered accountants to present their professional services in a more effective and modern manner.