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Indian Institute of Corporate Affairs (IICA)

News: The third batch of the IICA Valuation Certificate Program (IVCP), the Gold Standard in Valuation Education, was today introduced by the Indian Institute of Corporate Affairs (IICA), a think tank under the Ministry of Corporate Affairs of the Government of India.

• The Societies Registration Act, 1860, was used to register IICA as a society on September 12, 2008.
• IICA is an independent organisation that works within the Ministry of Corporate Affairs to provide possibilities for advocacy, research, and education.
• It is also a think tank that compiles a database of information and knowledge for regulators, policymakers, and other stakeholders involved in corporate affairs.
• IICA is a think-tank, capacity-building, and service delivery institute that was established as the leading organisation with the goal of delivering astute and credible intellectual leadership in corporate regulation, governance, and operating sustainable enterprises.
• Its goal is to maintain a high standard of corporate financial reporting throughout India.
• IICA’s flagship course, the IICA Valuation Certificate Program (IVCP), has been recognised as the “Gold Standard in Valuation Education.”
• Since the course’s launch in 2019, more than 250 people from various backgrounds have signed up, with their combined experience totaling more than 20 years.
• The course is acknowledged by the International Valuation Standards Council (IVSC), and it is advised to all Registered Valuers (RVs), Public Sector Banks (PSBs), and Financial Institutions (FIs), as well as Central Public Sector Enterprises (CPSEs) by the Insolvency and Bankruptcy Board of India (IBBI), Department of Financial Services (DFS), and Department of Investment and Public Asset Management (DIPAM) (CPSEs).