• 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

    Pay me if you can

    CPA Australia’s CEO fall from grace over pay package is only half of the story

    read more

    NOCLAR: Will IESBA new standard have intended ripple effect

    Ahead of the non-compliance with laws and regulations (NOCLAR) standard coming into force in July, IESBA chair Stavros Thomadakis met Vincent Huck at the CReCER conference and shared his view on how the standard will be instrumental in tackling corruption.

    read more

    10 years of CReCER: Accounting for a purpose

    World Bank director of the governance global practice Ed Olowo-Okere speaks to Vincent Huck about the World Bank’s work and role in building a strong accountancy profession globally

    read more

    10 years of CReCER: Politics, Accountants and the fight against corruption

    The Accounting and Accountability for Regional Economic Growth conference (CReCER), an initiative of the World Bank Group, the Inter-American Development Bank, IFAC and the Global Public Policy Committee, celebrated its 10th anniversary in June of this year. Vincent Huck attended the event and took the pulse of the profession in the region.

    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.