ICAI to launch knowledge management portal

The Institute of Chartered Accountants of India (ICAI) will soon launch a web portal on knowledge management to make available all resources related to chartered accountancy at a click of the mouse, said ICAI Vice President and incumbent President K Raghu. He was addressing press persons here on Thursday.

Raghu said the portal will come into existence within two months. An entire gamut of resources including e-learning, lectures on vital topics will be in the portal. Anyone can download the resources and make use of it, he said and added that the intention of portal is to share the knowledge among CAs, especially students.

Overwhelming response

ICAI Vice President maintained that the response for allowing Arts, Science graduates to take up CA course without attending common proficiency test has been overwhelming. The new system was introduced in 2012 August, which lay down that any Arts, Science graduates securing 60 percent can take CA without going for entrance test.

After the new rule, nearly 10 lakh students have opted for CA course, majority among them being girls. He claimed the exam system of ICAI as a robust one and added that the organisation has conducted campus interviews recently at 15 locations ensuring the participation of 200 odd companies. The job opportunities provided by the course is so much that a large number of students are preferring chartered accountancy course now a days. Apart from India, vacancies are aplenty in West Asia, Austraila and Singapore, Raghu said.

Certification course

He exhorted CA students to be equipped with specialised certification courses which would give them an edge in the world of opportunities.

Courses like forensic accounting, international taxation, concurrent audit, valuation are currently in huge demand. Raghu also urged CAs to be part of the wide network of chartered accountants across the country which would immensely help them in terms of the latest happenings in the profession as well as building up career.

ICAI Vice President said the organisation had submitted a proposal to Union Ministry of Rural Development for implementation of limited review of auditing of gram panchayats as regard with MGNREGA in response to a letter from Ministry.