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Institute of Chartered Accountants of India (ICAI) update examination and training measuresThe Institute of Chartered Accountants of India (ICAI) has introduced a number of measures to update examination and training. Now candidates can register for the Common Proficiency Test (CPT) after clearing 10th boards as compared to the existing scheme where they could only register after their 12th board result. The CPT exam will now be an objective paper of 200 marks and will be held once in three months across the country. Earlier, the CPT exam was held once in six months. The emphasis of CPT will be on core subjects — accountancy, mercantile law, quantitative aptitude and general aptitude. As per the new norms, students who have cleared the CPT will engage in articleship training, the duration of which has been increased from three to three years and six months, following which the candidate can appear for the Proficiency Competence Exam (PCE). Once a student clears his PCE he can apply for the 11 final examination. Around 100 hours of IT training is also ; mandatory as per the new norms. General Management and Communication Skills (GMCS) can be completed 1 even during articleship training making the scheme more effective. Praveen Choudhry, deputy secretary, ICAI, said: “The new scheme will be implemented from this year. Now a candidate can be a qualified CA in four years.” Source : TOI News
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ICAI has rescheduled the chartered accountants examinations CA EXAMS RESCHEDULED The Institute of Chartered Accountants of India (ICAI) has rescheduled the chartered accountants examinations. Due to the elections to the Uttar Pradesh legislative assembly during April-May 2007 these exams will be held in May 2007.
Ip Day Celebrated The Institute of Chartered Accountants of India (ICAI) celebrated the World Intellectual Property Day on April 26. ICAI has been encouraging innovative talent and has been endeavouring to promote education of all the potential actors in the IPR regime, said Sunil Talati, president, ICAI. He stated that IPR has become very important and ICAI has already taken a series of measures ranging from organising seminars, bringing out publications, issuing discussion reports on various issues confronting accounting fraternity, apart from launching a specialised Post Qualification Course in International Trade Laws and WTO.
ICAI launches insurance scheme, study circles The Institute of Chartered Accountants of India (ICAI) has launched a Group Insurance Scheme for its members and their spouses. In this, regard, the Chartered Accountants Benevolent Fund of ICAI signed an agreement with the Life Insurance Corporation of India. In addition to this, the Council has decided to promote weekly study circles for continuous professional learning among students. Select members would guide students while eminent resource persons will address them.
A dress code for practicing CAs will be out by August end, with the Institute of Chartered Accountants of India giving finishing touches to the recommendatory proposal to give its professionals a corporate look and don a new brand identity. However, according to TN Manoharan, ICAI president it will not be mandatory.
Source Times of India Date 2006-08-08 Information The Institute of Chartered Accountants of India (ICAI) is planning to introduce a common proficiency test (CPT) (similar to CET for professional course students) for the entry to the chartered accountancy course from September this year, according to T N Manoharan, president, ICAI, New Delhi. The first CPT test will be held on November 12, for which a draft scheme of the new curriculum has been notified by the Government of India. The entire CPT will be objective type for 200 marks. Students who have passed the 12th std are eligible to
Aptech, has Inaugurated a state-of-the-art training centre in Ulaanbaatar in Mongolia ICAI seeks waiver The Delhi-based Institute of Chartered Accountants of India (ICAI) has asked the Ministry of Human Reource Development to make commerce a part of the curriculum from Class VIII. ICAI is also negotiating with the Indira Gandhi National Open University (IGNOU) to exempt PE-II/PCE-pass students from taking certain papers in the latters commerce programme. The institute is in talks, seeking the waiver, with other universities as well. Many universities already consider the CA qualification as equivalent to a postgraduate qualification to do a doctoral programme.
IGNOU to start special B.Com, M.Com for CA students Indira Gandhi Open University, IGNOU, plans to soon launch a specialised B.Com. programme with majors in Accountancy and Finance for Chartered Accountancy (CA) students, who will be exempted from taking certain common subjects. The university and the Institute of Chartered Accountants of India (ICAI) signed an agreement to this effect in Delhi. In addition, IGNOU will start a specialised M.Com programme for CA Final students as well as those who have completed it. The memorandum of understanding (MoU) was signed by Dr. T.P. Ghosh, Director of Studies, ICAI and
Exclusively for CAs Indira Gandhi National Open University (IGNOU) has launched B.Com and M.Com programmes exclusively for Chartered Acountancy (CA) students so that they can simultaneously complete graduation and postgraduation and get exempted from certain CA courses. The B.Com aand M.Com programme for July 2007 session has been designed and developed by IGNOU in collaboration with the Institute of Chartered Accountants of India (ICAI).
Exam Rescheduled The Institute of Chartered Accountants of India (ICAI) will conduct its Common Proficiency Test (CPT) on August 26, 2007, since it was not conducted as per schedule on August 5, due to leakage of the paper. All students who were issued admit cards for the August 5 CPT exam, will be eligible to appear for the same on August 26, and will be issued fresh admit cards without any further payment of fee. Students, who do not receive these cards by August 16
Important Announcement In view of the General elections to some of the Sate Assemblies in the month of April/May 2006, the Chartered Accountants Professional Education-I, Professional Education-II and Final Examination, Post Qualification Courses in Management Accountancy Course (Part-I), Corporate Management Course (Part-I). Tax Management Course (Part-I), Insurance and Risk Management (IRM) and International Trade Laws and World Trade Organization Course (ITL & WTO) examinations scheduled to be held from 2nd May 2006 to 10th May 2006 are rescheduled. These Examinations will now be held from 2nd May 2006 to 12th May 2006. The sequence of papers centres of examinations and other
There is a dearth of qualified chartered accountants (CA) — a shortage of around 20,000 CAs in India. Responding to the need, the Institute of Chartered Accountants of India (ICAI) is taking fresh initiatives to make CA an attractive career choice for the youth. The reason, I feel that CA is still not as popular a career as medical or engineering is that most school curriculum, and especially those of the state boards, do not impart any inputs on Commerce and Economics at the secondary level of schooling and therefore students do not get interested in the discipline at a younger
The Institute of Chartered Accountants of India (ICAI) national President Kamlesh S Vikamsey has said that there would be huge demand for accounting professionals across the globe in the days to come. Addressing a press conference here on Saturday, he said that the accounting stream would get opportunities on par with IT in the next 5 to 10 years. When asked about the recent developments in accounting sector, Kamlesh said that the institute had taken steps at the micro level to enable the members to gear themselves up to the changes and see the opening up of the accounting profession
THE Institute of Chartered Accountants of India (ICAI) has proposed a new scheme of education. Under this scheme, a student will be able to enrol for the Common Proficiency Test (CPT) any time after passing the Class X examination. However, one will be allowed to take the CPT only after appearing for the 10+2 examination. On qualifying, the student will have to undergo practical training for three-and-a-half years. During the training, the student will have to qualify for two examinations the Professional Competence Examination (PCE) after 18 months, and the final Examination during the last six months. The proposed scheme
Kolkata-based Institute of Computer Accountants Announced Free Training, Jobs for Economically Weakly Kolkata-based Institute of Computer Accountants (ICA) has announced a free training and job package for 1,000 youngsters from economically backward sections around the country, on the occasion of its seventh anniversary. Aspirants need to produce proof of their family incomes at an ICA centre near them. ICA has also launched a 777 scheme, available from November 6 to 13, under which applicants can join the Industrial Accountant and Industrial Accountant Plus courses by paying only 70 per cent of the fee. Else, they may choose an instalment plan and
Institute of Computer Accountants is accepting applications for its one year certificate course CERTIFICATION COURSE The Institute of Computer Accountants (ICA) is accepting applications for its one-year certificate course in Industrial Accountant. Prospectus and application forms can be obtained on payment of Rs 100 in cash or Rs 150 via DD favouring 'The Institute of Computer Accountants' payable at New Delhi. Eligibility is 10+2 and the last date for submitting forms is January 30.
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