Common proficiency test for CA course

Staff Reporter

THIRUVANANTHAPURAM: The Institute of Chartered Accountants of India has decided to conduct common proficiency test for chartered accountancy and reduce the duration of the course to four years.

Institute president T. N. Manoharan told reporters here on Thursday that the test would be conducted once in three months all over the country. Students could register for the test any time after passing SSLC. The objective type questions for 200 marks would be in multiple choice format.

He said the institute would also set up a centre of excellence in Kerala. The institute representatives would meet Chief Minister V. S. Achuthanandan and seek land to set up the centre. The institute had decided to open 17 centres all over the country for research and development in new modes of accounting. Members of the fraternity would be trained in new realms of accounting, including applications of IT. Academic programmes for students were also on the anvil. The institute had decided to have virtual classrooms and had tied up with Reliance Web World. The number of batches in each centre and the strength in each batch would be fixed according to the demand, Mr. Manoharan said.

He said the institute had also decided to start e-learning for chartered accountancy. The duration of the CA course had been reduced to four years from the present five years and three months, he said.

Mr. Manoharan said the Centre considered the institute as a valued partner in creating public awareness on legislations framed by Parliament. In addition to making contributions to policy-making, the institute was providing space and other amenities for setting up help centres by the Income Tax Department to provide assistance to tax payers, he said.