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Thursday 10 July 2008

CA institute to start new course for `Accounting Technician'

CA institute to start new course for `Accounting Technician'

Mumbai, Jul 9 : The Institute of Chartered Accountants of India (ICAI) is planning to introduce a second tier qualification called, `Accounting Technician', to meet the large demand for accountants in the country.

Dhiraj Khandelwal, Secretary, ICAI (western region) said the proposal is currently under consideration of the Corporate Affairs Ministry and the institute is hopeful of getting permission to start the new course in a couple of months. The new course will have a duration of two years .

He said the demand for accountants in the country is huge and the introduction of the new course will help meet that demand.

Those wanting to join the course will need to appear for the entrance examination similar to the regular CA course. Students who would complete one year articleship and pass one group will be given the certificate of Accounting Technician.

Khandelwal said he is expecting a good response for the course with at least 4 to 5 lakh students appearing for the entrance examination.

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