The CA course to review
The Institute of Chartered Accountants of India (ICAI) would revise the entire Chartered Accountancy (CA) curriculum in line with the rapid changes in various fields including information technology.
Opening the 35th Annual Conference of ICAI SIRC (South India Regional Council) Hubballi Branch on Friday in virtual mode, ICAI Vice President Aniket Sunil Talati said ICAI had the intention to train chartered accountants in the field of forensic auditing and sustainable development. development activities in the future and the program would therefore be completely revamped.
He said the proposed scheme had already been sent to the Union government for approval and after approval, the Board of Studies would take action to implement the new curriculum.
Mr. Talati said that the 21st World Congress of Accountants will be hosted by ICAI from 18-21 November 2022 at Jio World Convention Center in Mumbai and will be held in hybrid mode for the first time.
He said that, as it was held in hybrid mode, there would be a physical attendance of 6,000 delegates and a virtual attendance of 10,000 delegates from around the world.
ICAI Central Council Member Muppala Shridhar from Hyderabad briefed on the new peer review process that will be introduced in the audit work carried out by Chartered Accountants. Another central council member, Cotha S. Srinivas, spoke about the code of conduct and the new accounting standards that are expected to be implemented shortly.
Vice President of SIRC Chennai Panna Raj S. highlighted the importance of physical learning in chartered accountancy and said that physical learning is more beneficial and effective than virtual learning.
ICAI SIRC Hubballi Branch President Amit Babaji welcomed the gathering, while Conference Committee Chair Sheshagiri Kulkarni introduced the conference theme. Other bureau members Sanjeevkumar Hadimani, Kartik B. Shetty and others were present. Experts from various fields participated as resource persons in the various technical sessions held thereafter.