Preamble

Preamble: Whereas, it is expedient to establish an Institute of Chartered Accountants of Nepal in order to enhance social recognition and faith in accounting profession by raising public awareness towards the importance of the accounting profession, towards economic and social responsibility of the accountants and towards economic development of the country through the development of awareness among the professionals about their responsibility towards the importance of accountancy in order to develop, protect and promote the accounting profession.

Be this Act enacted by Parliament in the 25th year of the reign of His Majesty King Birendra Bir Bikram Shah Dev.