According to ICAI, a restructured CA course will begin this September. Compared to the existing course that lasts 5 years and 3 months duration, the course will now extend over three and a half years, excluding a six-month long articleship. The qualifying exam for the course will be a quarterly exam called Common Proficiency Test that can be taken by students in their 12th standard.

Qualified students can enrol for the programme that includes simultaneous practical and theory exposure. This will help students apply theory while undergoing practical training, said Mr T.N. Manoharan, President, ICAI. The existing programme has separate modules for theory followed by practical training.

With changing times and dynamic environment, the syllabus needed a revamp. Practical trainings, Personality development, presentations skills ect were not yet taught in the curriculum till date but now, the syllabus has also been changed. Modules such as general management and communication skills and international accounting standards have been introduced, while those on international law and taxation law have been tweaked with respect to industry requirements.

A transition path (from the existing course to the new course) has also been charted out for those presently undergoing the course.

Further, our very own Institute of Chartered Accountants of India has achieved another milestone by adding its 15th international chapter in Kuwait this april with 267 members.

Source: ICAI Portal

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