ICWAI opens certificate course in accounting

In view of the expected shortage of approximately ten lakh accountants in the junior level in the next 10 years, Institute of Cost and Works Accountants of India (ICWAI) has launched a certificate course in Accounting Technician (CAT) today.

The course has been designed especially to cater to the Small and Medium Enterprises (SME), retail sector, KPO and BPO Sectors and panchayats, following a recommendation by the Union ministry of corporate affairs. The course is aimed at developing accounting skills of students belonging to the rural areas, who cannot afford an expensive professional course.

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Accounting course to open up new avenues

NEW DELHI: For those of you who have just appeared for the twelfth standard exams and feel you have some aptitude with numbers, accounting is all set to offer an all-new avenue. Come August, the country's apex accounting body, Institute of Chartered Accountants of India (ICAI), will offer a new two-year 'accounting technician' course to prepare students for mid-tier positions in the accounting field. The good news is that the fee for the course, that comes with placement promises by ICAI, will be as low as Rs 10,000 and students from all streams can opt for it, including from humanities and science.

ICAI president Ved Jain said the course would offer a new employment avenue to thousands of students passing out of school. While the actual duration of the theoretical course will be around one year, the next year will have to be spent on practical training, where a student can also expect to start earning through stipend.

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