Institute of Chartered Accountants of Nepal

Institute of Chartered Accountants of Nepal (ICAN) नेपाल चार्टर्ड एकाउंटेंट्स संस्थान
Emblem of ICAN
Motto	Purity of mind and clarity of wisdom
Formation	January 30, 1997 (1997-01-30) (14 years ago)
Legal status	Body corporate established by the Nepal Chartered Accountants Act, 1997 passed by the Parliament of Nepal
Objective	Regulate the auditing and accounting profession in Nepal
Headquarters	Kathmandu,  Nepal
Region served	Nepal
Membership	7600
Member's designations	Chartered Accountants, Registered Auditors and Fellow Chartered Accountants
Official languages	English, Nepali
Governing body	Council
IFAC member since	2003
Website	ican.org.np

The Institute of Chartered Accountants of Nepal (ICAN) is the national professional accounting body of Nepal. It was established in 1997 in accordance with the Chartered Accountants Act 1997 of the Nepalese Parliament. It accepted its first students in 1999 and graduated its first class in December 2003. As of 2005, it has produced six chartered accountants and 7600 members mostly registered auditors including 270 Chartered Accountants from the Institute of Chartered Accountants of India(ICAI) and from the Association of Chartered Certified Accountants(ACCA). The Institute has its head office in Babarmahal, Kathmandu.

The Institute of Chartered Accountants of India has signed a Memorandum of Understanding for providing Technical Assistance to the ICAN in designing course of material, conducting examinations etc.

The Institute has formed two standard-setting committees: the Nepal Accounting Standard Board and the Nepal Auditing Standard Board. Both set standards compatible with International Federation of Accountants. The Institute's code of conduct is also similar to the IFAC Code of Ethics.

External links

• Institute of Chartered Accountants of Nepal
• Accounting & Auditing Standard Board of Nepal
• ICAN Annual Report 2006 (PDF), ican.org.np