The Institute of Cost Accountants of India (ICAI) is a professional body established in 1944 to promote the practice of cost and management accounting in India. It aims to develop and regulate the profession, ensuring that members adhere to high standards of ethics and professionalism. The institute offers various programs, including a comprehensive curriculum for aspiring cost accountants. ICAI also plays a crucial role in providing training, conducting examinations, and issuing certifications for cost accountants. It works to enhance the skills and knowledge of its members, contributing to the growth of the accounting profession in India and supporting businesses in effective cost management.