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Digambar to consider ICAI proposal
August, 25th 2008

Chief minister Digamber Kamat assured to consider a proposal by the Institute of Chartered Accountants of India to establish a centre of excellence in Goa on Sunday at the All India Mega Conference organized by the Goa Branch of western India Regional Council (WIRC) of Institute of Chartered Accountants of India (ICAI).

The event was hosted by the continuing professional education committee (CPE Committee) of the ICAI at Margao. Addressed the gathering at the event, the chief minister assured to consider a proposal by the ICAI to establish a centre of excellence in Goa for western India region.

At a press conference addressed by Ved Jain, ICAI, president, he announced the establishment of a course on valuation by the Institute in the country.

ICAI is a statutory body established under the Chartered Accountants Act, 1949 for the regulation of the profession of chartered accountancy in India.

Recognising the needs of the profession and emerging diversities and complexities in valuation job, the council of the institute at its 280th meeting held at New Delhi approved a certificate course on valuation.

The curriculum will comprise of four modules Overview of Valuation, Valuation Techniques, Corporate Laws & Income Tax Implications, Application of Valuation Techniques & Project Presentation.

The course is envisaged to be comprehensive and is to be launched on October 1, 2008 initially at New Delhi and Mumbai and thereafter at other mega cities. In India, there is no course equivalent to this 100 hour comprehensive curriculum.

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