<h1>ICAI Claims Audit Work Exclusively for Chartered Accountants Amid ICSI and ICMAI Push for Accountant Recognition in Tax Bill</h1> The Institute of Chartered Accountants of India (ICAI) asserts that audit work is the exclusive domain of chartered accountants, amid demands from the Institute of Company Secretaries of India (ICSI) and the Institute of Cost Accountants of India (ICMAI) for their members to be recognized as accountants under the new Income Tax Bill. ICAI President emphasized that audits are a serious responsibility entrusted to chartered accountants by Parliament, supported by court rulings. The issue will be addressed in a coordination committee involving leaders from all three institutes, which are governed by the corporate affairs ministry.