Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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
Popular Search: cpt :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: VAT Audit :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4%
« Students »
 Intermediate-Announcement for May, 2018 old and new syllabus
 Certificate Course on Forex and Treasury Management –Forthcoming Batches Mumbai ,Hyderabad, Noida & Kolkata
  November-2017 CA Examinations
 Announcement for ICAI-CAMPUS (August-September, 2017) Aspirants
 Date and Time Schedule for Webcast and Mock Test Papers for May’ 2017 Examination
 Announcement for the Students of CPT level for June, 2017 Examination - Section A: Fundamentals of Accounting
 GST to be made applicable from May, 2018 examination onwards for Intermediate (IPC) Course and Final Course
 Applicability of GST in Nov., 2017 Examinations
 Applicability of Income Computation and Disclosure Standards (ICDSs) for May 2017 Examination
 Scholarships for CA Students
 Campus Placements for Articleship and Industrial Training

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 2017 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