Wednesday, August 27, 2008

CA Professionals To Get Global Edge

THE institute of Chartered Accountants of India (ICAI) has been working on a three-pronged strategy for the last six months, which would enhance the employability of chartered accoutant professinals. "The past & current decades have been ruled by IT professionals, while the coming decades will be ruled by CA professionals". The global economy is growing at a tremendous pace & mergers and acquisitions are the order of the day. correspondingly this has created a phenomenal damand for CA professionals worldwide. The objective behind this strategy is to keep indian CA professionals updated about the emerging best practices in the field & prepare them for global challenges. ICAI has setup a number of IT training labs across the country to facilitate IT adaptability for CA professionals .The IT programmes have been designed to enhance capability with respect to the different tiers of accounting needs, which emerge at the corportate level. one of the key focus areas of these labs is to promote the develoment of IT based tools for services under the income tax act, central excise, customs act & related services. Besides, ICAI is pursuing strategic collaborations with relevant international bodies with a view to promote the indian CA qualification in countries of interest to indian accountancy professionals. this initiative will also result in greater integration of the profession with global demand. ICAI has introduced a modular programme of 3month duration on general management, personality development & communication skills. The modular programme has been designed to enhance interpersonal skills of CA professionals so that they can work effectively in the context of multicultural business & professional environments which are constantly evolving.

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