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The Institute hae five Regional Councils, namely Western India Regional Council, Southern India Regional Councl, Eastern India Regional Council, Central India Regional Council and Northern India Regional Council with their Headquarters at Mumbai, Chennai, Kolkata, Kanpur and New Delhi respectively.
 
The total number of branches of Regional Councils as of 31st August, 2002 is 97
Currently, there are eleven Chapters of the Institute outside India
During the year, three new reference libraries have been set up at Thodupuzha and Thanjavur in Southern Region and Bhiwani in Northern Region. With this 37 reference libraries have been set up all over the county.
Branch Building
  During the period under report a number of branches of Regional Councils continued to evince interest in having their own premises. In all , 52 Branches have their own premises.
Rotating Shield
Since 1986-87, the ICAI awards each year Rotating Shield to the Best Regional Council. The award is given on the basis of overall performance. Similarly, a separate Rotating Shield is awarded to the Best Branch each year. The award is given on the basis of established norms. Rotating Shields to the Best C.A. Students' Association on all India basis and Best Branch of Students' Association on Regional Basis have been instituted from the year 1999. For the year 2001 these shields were awarded at the Annual Function held on 2nd February, 2002 to the following winners
 
Best Regional Council - Jointly to Southern India Regional Council and Western India Regional Council
Best Branch of Regional Council - Nagpur Branch of Western India Reginal Council
Best Students' Association - Southern India Chartered Accountants Students Association
Best Branch of Students' Association
  • Western Region - Baroda Branch of WICASA
  • Southern Region - Ernakulam Branch of SICASA
  • Central Region - Raipur Branch of CICASA
Considering their good performance, the following Regional Councils and Branches were separately awarded certificates respectively for highly commended and excellent performance.
Highly Commended Performance Certificates
  • Northern India Regional Council & Eastern India Regional Council
  • Surat Branch of WIRC, Ernakulam Branch of SIRC and Goa Branch of WIRC
Excellent Performance Certificate
  • Bangalore, Hyderabad, Visakhapatnam, Salem Branches of SIRC, Jaipur Branch of CIRC and Cuttack Branch of EIRC
New Decentralised Offices
  Considering the increasing volume of work /activites a the regional level and recognising the value of expecditious and personalised service which are avhievable through the process of decentralisation, the Council of the ICAI has already set up five more decentralised Offices at Bangalore and Hyderabad in Southern Region; Ahmedabad and Pune in Western Region; Jaipur in Central Region, besides the decentralised offices already functioing from Mumbai, Chennai, Kolkata and New Delhi and certain new initiatives have been recently taken by the Council to make them more effective and useful.

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