• Register
Return to: Home > News > Accounting technician course launched in India

Accounting technician course launched in India

The Institute of Chartered Accountants of India (ICAI) has introduced an accounting technician qualification. India’s largest professional body said the qualification was developed because the country’s growing economy has driven a great demand for unqualified accountants.



“We have been taking various proactive measures from time to time in alignment with the changing facets of the India economy for continuously raising the standards of the quality of accounting and financial reporting,” ICAI president Ved Jain told The Accountant.

“The ICAI has so far focused on the chartered accountant qualification. We have thought over the last 15 years, after liberalisation, that the horizon of the Indian economy has been changing; it has seen unprecedented growth and has changed significantly, this has resulted in the demand for accountants on the second tier in large numbers.

“To fill in this gap, where the industry and the particular service sector is looking to the second tier of accountant at the operational level, the ICAI thought fit to come out with a course curriculum. That is why the ICAI thought [about introducing the technician qualification] as we have domain expertise in designing and delivering the accounting knowledge.”

The ICAI’s chartered accountancy programme enrols 125,000 students each year. The new technician course is predicted to attract at least 50,000 students and will be split into three stages. The first requires an entrance exam, the second the completion of a technical accounting curriculum including a final exam, and the third stage involves a year of practical work experience.

The  course will comprise of four papers: accounting; law, general commercial knowledge and business communication; cost accounting and financial management; and taxation (direct and indirect).

Top Content

    The Accountant World Survey 2017

    Four years since it was last published, The Accountant world survey makes a comeback in these pages. This time the survey spans across 146 countries and covers 123 professional accountancy organisations (PAOs). Where we could, we provided a comparison with the 2014 survey to highlight growth trends amongst professional accountancy organisations.

    read more

    South African regulator to boost sanctions

    The South African regulator, the Independent Regulatory Board for Auditors (IRBA), has proposed to lift the limit on the level of fines it can issue as part of series of measures to beef up sanctions at its disposal. The announcement came the day before IRBA announced an investigation into the conduct of Steinhoff auditor Deloitte.

    read more

    IFAC offers alternatives to Monitoring Group’s proposed reforms

    The International Federation of Accountants (IFAC) has published its initial views to the Monitoring Group Consultation Paper on changes to the international audit and ethics standard-setting process.

    read more

    Editor's letter: Barking dog lacks the bite needed

    The EU Commission just barked but failed to bite ...

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.