Revised scheme of education for CAs

The role of a Chartered Accountant (CA) is evolving continually to assume newer responsibilities in a dynamic environment. In the given scenario, the potentiality of the Chartered Accountancy education system to meet the diverse range of expectations of various stakeholders from the profession becomes the focal point.

The Revised Scheme of Education and Training has been formulated by the Institute of Chartered Accountants of India (ICAI) in sync with the requisites of the dynamic global business environment.

The Revised Scheme of Education and Training for the CA course will come into effect from July 1, 2017. The students, who are eligible to register in the CPT/IIPCC/Final under the existing scheme, can register on or before June 30, 2017.

With effect from July 1, 2017, the registration in the CPT/IIPCC/Final under the existing scheme will discontinue. The compulsory requirement of practical training, which is the foundation of the Institute’s high standing, will continue to be an integral feature.

In the Revised Scheme, the technical competence, professional skills and professional values, ethics and attitudes expected from a CA are being redefined and upgraded in order to gear up aspiring Chartered Accountants to take on new roles.

Nilesh S. Vikamsey, President, ICAI

Source: DNA

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