The ICAI Startup Gateway encourages entrepreneurship and so makes it easier to put knowledge into practice for the benefit of the general public. The ICAI wants to support the development of concepts and technologies that benefit society and aspires to organize, synergize, and utilize the numerous strands of excellence driving innovation and entrepreneurship. The accounting industry is well-connected to the MSME sector because SMPs are the go-to financial advisors for MSMEs, offering a range of services like project financing, working capital management, asset management, advice on export promotions, budgetary forecasts, financial modeling, preparation of standard operating procedures, and evaluation of the operational effectiveness of internal controls in addition to standard accounting, auditing, and taxation services. Perhaps as a result, the profession is aware of the industry's pulse and can offer a skilled. Chartered Accountancy is a professional practice of accounting, auditing, taxation, and financial assessment for an individual or an organization. Chartered Accountant is a designation given to an accounting professional who has received certification from a statutory body that he/she is qualified to take care of the matters related to accounting and taxation of a business enterprise. Chartered Accountancy includes filing tax returns, auditing financial statements and business practices, registration of the business organization with the government, maintaining records of investments, preparing and reviewing financial reports and documents, etc. A professionally trained Chartered Accountant is also qualified to offer advisory services to clients, including companies and individuals. Eligibility for the foundation course is the completion of the 12th board exam from any University Grants Commission-recognized educational institution in any stream.
The candidate should register for the Common Proficiency Test (CPT) with ICAI, and he would be able to write the exam 60 days after registering.
In order to be eligible for the Orientation Programme and Information Technology Training (ITT), he must first complete the Integrated Professional Competence Course (IPCC) for 9 months after passing the Common Proficiency Test (CPT). During the course, the aspirant must complete 35 hours of orientation and 100 hours of information technology training.
After completing the Integrated Professional Competence Course (IPCC), the applicant must pass both groups of IPCC.
He can begin Articleship, a three-year program. Chartered Accountancy qualification is required in India India, and Chartered Accountancy qualification is required for professional practice as a CA. The Institute of Chartered Accountants of India (ICAI) requires three levels of training to become a certified Chartered Accountant. The ICAI is a statutory body in India that governs and upholds the profession of a chartered accountant. A candidate can pursue a Chartered Accountancy course either the Foundation Course Route or the Direct Entry Route under the Scheme of Education and Training. The Foundation course is for those who have completed Class 12, and the Direct Entry path is for those who have achieved Graduation.