sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« Students »
 Important Announcement - CA Examinations May, 2019
 Announcement for the Certificate Course on NPO at Kolkata from 2nd February, 2019
 Registration for Practical Training Assessment Test on February 3, 2019
 Constitution of Study Group on “Best Practices on Revaluation of Answer Books”
 Change in Examination Venue in Doha (Qatar), November 2018 Examinations
 Registrations open for practical training Assessment scheduled on October 21, 2018 and December 2, 2018.
 Zone / City - Shifting of Candidates for November - 2018 CA Exams
 ICAI to launch ‘Optional Online Articles Placement Portal’ for CA Students
 Applicable Study Material for May, 2019 Exams - New Scheme Foundation, Intermediate and Final Course
 Revised Programme Structure of B.Com. (Accountancy and Finance) of IGNOU
 Structure of Practical Training Assessment

ICAI plans course for tier-II professionals
June, 17th 2008

The Institute of Chartered Accountants of India(ICAI), the statutory body under an Act of the Parliament that regulates the profession of chartered accountants in the country, was looking at starting an Accounting Technicians course for creating a class of tier-II of accountants within the next three months.

The two years course will create a category of assisting CAs, said Ved Jain, president, ICAI.

There is a huge demand for such professionals in the country and the Institute has already sent a proposal for approval to the ministry of corporate affairs, Jain informed. Some amendments were required and the course was likely to be rolled out within the next three months.

ICAI was looking at enrolling around 50,000 students for the course in the first year.

It will be open to students of 10+2 qualification through the Common Proficiency Test(CPT).

After clearing the CPT, the student could either go for the CA course or the Accounting Technicians course.

A student qualified for the AT course could enroll for the CA course. Students not completing the CA course had the option of becoming at Accounting Technician. Currently, around 3.5 lakh students were pursuing the CA course all over India at all the three levels. The average pass-out rate in the CA finals was around 30 per cent. Around 1.25 lakh students now got themselves admitted for ICAI course now, from around 35,000 in 2001.

The number of CAs from the East had not grown much, Jain warned. Currently, there were 13,800 members from the Eastern region, only 10 per cent of the total members in the country.

One of the major reasons behind this was that the eastern region was Kolkata-centric, while the West and the South had quite a few important cities.

ICAI would not compromise on quality enrolled for the course.

It had brought down the frequency of CPT to twice a year now from four times a year earlier to ensure that only serious students applied. ICAI was looking at making the academic help line on the Gyandarshan channel toll-free. Students could now follow lectures delivered by professors live on television during stipulated times everyday.

This apart, the instiute had set up a chapter in New York in the US for greater international contact. ICAI had 20 chapters outside India in places like Botswana, Nigeria, cities in Saudi Arabia,Dubai, Abu Dhabi, Bahrain and Kuwait.

The New York chapter would be formally inaugurated in July this year. ICAI had around 10,000 members outside India now.

It was in talks with the accounting bodies of Canada, Singapore, UK and Australia to sign mutual recognition agreements (MRAs) that would allow Indian CAs to practice in these countries and vice-versa. The negotiations were at an advanced stage, claimed Jain.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Team

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions