The Institute of Chartered Accountants of India (ICAI), New Delhi has decided to revise the Chartered Accountant (CA) curriculum from the year 2016.
The changes would be made according to the requirements of the industry as well as regulators of the new syllabus. Also, it would meet the demands of the expanding global economy.
ICAI, New Delhi is the legal body for the regulation of the CA profession in India.
According to the ICAI officials, after 10 years, they are changing the CA curriculum as per the new aspects in the accountancy field and improved economy. It would be added to the changed curriculum.
There is an enormous demand for CAs across the globe. These CAs are most popular in the USA, Gulf countries, Europe, etc. Hence, it requires a global standard of curriculum to match up with the globally competitive countries.
During last year, CAs bagged very good offers. Hence, excellent opportunities exist within the country as well as abroad.
A very popular course offered by the ICAI is the Corporate Social Responsibility (CSR) Certificate course. Moreover, chartered accountancy has also become sought-after as one of the most affordable professional courses, with bright career prospects. At present, around 8.52 lakh students are pursuing the course in India.
As per the reports, more than 10,000 students from Kerala are pursuing the course. A total of 1,050 students is from Kannur alone.
The official said, "We have a sub-branch at Kannur, which operates from a temporary campus. By next year, it would have a permanent campus with facilities such as a reading room, library, etc.