The Institute of Chartered Accountants of India is starting it’s newly formulated course from July this year and plans to set up reading rooms and counselling centres across 700 districts of India.
The ICAI is also planning to establish a centre for excellence in Srinagar with residential facilities where CA students will participate in different programs and there will be skill updation courses for qualified CAs as well.
“We are staring a fresh course from July 1 and the old course will not work then. Among other things the articleship has been reduced to two years from earlier three years,” said Aniket Sunil Talati, president of the ICAI who is in Srinagar for 12th residential meeting of its members. The program is being attended by around100 CAs currently serving in different capacities on all-India services, central services and state services.
“This is a life changing course that has the capacity to transform lives of the immediate families and everyone around…For students from J&K and Ladakh ICAI provided 75 percent fee waiver to encourage students,” said Talati adding, “they can start preparing right after 10th standard and appear in the foundation level examination after 12th standard.”
The inaugural session of the function will be held on June 18, in presence of Lieutenant Governor of J&K Manoj Sinha and chief secretary of the union territory Arun Kumar Mehta. “We are a family of four lakh CAs and eight lakh students across the country. We want to reach to every distirct and help students by establishing reading rooms and career counselling centres,” he said.
The ICAI president said that the institute organized various awareness programs to connect the investors and industry players with the ground and inform them about the benefits.
“We are also focusing on startups and a convention on startups is being held in Mumbai on June 27 and 28. We are also reaching out to MSME sector where we make them aware about the government schemes and benefits,” he said.