Somewhere in every Indian office building today, a person with a calculator and a very serious face is quietly being celebrated. July 1 is Chartered Accountants Day, and the Institute of Chartered Accountants of India (ICAI), the body that trains and regulates every CA in the country, is marking its 77th birthday.
It sounds like a niche office anniversary. It isn't. ICAI is now the world's second-largest professional accounting body by membership, with close to 2.5 lakh Chartered Accountants on its rolls. That's roughly a small city's worth of people whose entire job is making sure the country's money adds up.