In the month of November, the new syllabus for Chartered Accountancy courses will be launched. The launch of the new syllabus will be done by Prime Minister Narendra Modi, as informed by the M Devaraja Reddy, President of Institute of Chartered Accountants of India (ICAI).
There is a reason behind as to why there is a change in the syllabus as the Chartered Accountant fraternity believes that with the new syllabus, the students will be able to compete with the international standards. The changes were made in the syllabus only after the fraternity thoroughly studies the syllabus which the international students are following. Only after thorough research, the syllabus was incorporated. Also, recently, a two-day conference was set named“Dhyuti”. Launched in Andhra Pradesh, it’s a state level Chartered Accountants Conference 2016.
Mr. Reddy said, “Unfortunately a number of coaching institutes are using this as a ruse to lure students by creating an apprehension that this year would be the last opportunity to appear for exams in old syllabus. The ICAI would continue to hold the exam in an old syllabus for another five years. The exams would be held in both the syllabus simultaneously.” He also stressed on the fact that if the right training is given to the students, they do not need to go to the coaching institute for training.
In this course, it is very important that students undergo enough practical training as the examination will also be ultimately based on that. So, bookish knowledge will not be of any importance to the students in that case. Not only this, ICAI also believes in imparting knowledge through e-classrooms considering it to be a good way to enhance knowledge of the students. This also helps students and they can listen to the lectures as and when they want. There is no bar on this practice.
ICAI is also releasing IPCC (CA Intermediate) results on Tuesday on icai.org at 4 pm in the evening for past session.