Mumbai: The Institute of Chartered Accountants of India is planning to introduce a second tier qualification called ‘Accounting Technician´, to meet the large demand for accountants in the country.
ICAI (western region) Secretary Dhiraj Khandelwal said the proposal is under consideration of the Corporate Affairs Ministry and the institute is hopeful of getting permission to start the new course in a couple of months.
The new course would have a duration of two years.
He said the demand for accountants in the country is huge and the new course woudl help meet that demand.
Those wanting to join the course would have to appear for the entrance examination similar to the regular CA course. Students who would complete one year articleship and pass one group would be given the certificate of Accounting Technician.
Khandelwal said he is expecting a good response for the course with at least 4 to 5 lakh students appearing for the entrance examination.