ICAI Students Journal: The Chartered Accountant; May 2022

The Institute of Chartered Accountant of India (ICAI) releases Students Journal May 2022.

With the May, 2022 Examinations just around the corner, many of you will be preparing for them by the time this journal reaches. I would like to convey my best wishes to all the Examinees. I sincerely hope that each one of you will perform remarkably well and bring laurels to your parents, family as well as to the Institute. You will meet with success and make it to the league of Chartered Accountants, equipped to take up challenging assignments in today’s dynamic world with an efficient strategy, dexterous execution, utmost devotion, ‘never say die’ spirit and unwavering commitment towards your goal. “Take up one idea, make that one idea your life. Think of it, dream of it, live on that idea, let the brain, muscles, nerves, every part of your body be full of that idea, and just leave every other idea alone. This is the way to success.”

– Swami Vivekanand

Update on New Scheme for Education and Training

The ICAI is the second largest accounting body in the world, having a student strength of about 7,50,000. We have been the trusted partner in Nation Building. In continuation to our proactive and futuristic thought process, last year we launched the ‘International Curriculum’ to be implemented through the proposed Scheme of Education and Training. The said global curriculum envisages to:

• Position CA Qualification as a global qualification.
• Accomplish the Government’s objective of internationalisation of higher education as enshirned in the National Education Policy 2020.
• Gain a strong hold in the international professional accountancy education arena.

As informed previously, the New Scheme for Education and Training was submitted for in-principle approval of the Ministry of Corporate Affairs, and recently on 8th April, 2022 detailed deliberations on the same were held with the Ministry. The ICAI has emerged as a pioneer in imparting education through distance learning mode. In line with the vision of Digital India, we are spearheading several digital initiatives in academic education including provision of E-books, Live Coaching Classes, BoS mobile app, etc.

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