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PART OF THE LETTER FROM PRESIDENT OF ICAI- ACCOUNTING TECHNICIAN SCHEME
In addition to Chartered Accountants, the growing Indian economy has resulted in a huge demand for second tier accounting personnel for large as well as medium and small enterprises. Realizing this, the Institute has launched a new course called Accounting Technician Course. The course was launched in the presence of the Union Railway Minister Shri Lalu Prasad Yadav and Union Minister of Corporate Affairs Shri Prem Chand Gupta, both of whom lauded the initiative of the Institute. This Accounting Technician course will not only fill gaps at the national level as accountants, but will also ensure that the values in the accounting process do not suffer. With closer interaction of agricultural and informal sector with the mainstream economy, the demand for such accountants is expected to go up every year. I believe that this step will provide a much needed service and further boost the image of the Institute as a premier accounting Institute of the country.
According to the scheme, any student who has passed the +two examination can join the Accounting Technician Course after passing the entrance examination called Common Proficiency Test. Thereafter, the student needs to pass four papers after undergoing study course for about 9 months with the Board of Studies and doing 100 hour computer training, besides an orientation course. To ensure that the student has adequate practical exposure, such students will be required to undergo practical training of one year under a Chartered Accountant whether in industry or in practice before he/she is awarded Accounting Technician certificate. I am confident that with the expertise that the Institute has, and its large base in the shape of its membership, spread across India, we are in a position to impart practical training in a live environment. We will be able to ensure not only high quality education for Accounting Technicians but also development of appropriate skills necessary for them. This is a historic step. We hope to be able to produce from the Indian youth, an employable youth and transform the employable youth into an accountable youth. |
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