Chartered Accountants Day is celebrated every year on July 1 to mark the foundation day of ICAI
ICAI (Institute of Chartered Accountants of India) was formed in India as a result of an act that was passed on July 1st, 1949.
Chartered Accountant is an internationally acknowledged profession and is considered to be the first accountants to create the accounting body, and it was initially established in Scotland in 1854.