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President and Vice President visited Kuwait Chapter - 27-May-08
Date: 27-05-2008
The Institute of Chartered Accountants of India is going global, with the decision of the Institute allowing students to take Chartered Accountancy course abroad. The President of the Institute, CA Ved Jain, announced that henceforth Members of the Institute residing abroad and holding certificate of Practice can train students in their respective countries. He added that the Institute will soon launch an International C. A. course covering curriculum to suit the needs of the respective countries or regions. The first step will be to develop a curriculum suitable to the students in the middle east region. The President was addressing the members of the Kuwait Chapter of the Institute in Kuwait.
The President also spoke of the many path breaking decisions recently taken by the Central Council of the Institute.
In view of the huge shortage of skilled accountants in India and abroad, the Institute is launching an ‘Accounting Technician” course, which will be of one year duration. The students have to qualify the Common Proficiency Test of the Institute to enroll and undergo one year training and 100 hrs of computer training, thereafter they will sit for the qualifying examination.
The President announced that the Institute is launching residential course centers in Jaipur and Hyderabad by creating a center for excellence, where the members and students will undergo a three month personality and communication development course. This, he believes, will enhance the profile of the members. He also added that the Institute has also launched satellite based coaching classes to the students using Gyan darshan 2 channel.
He also added that the Institute recently invested Rs. 8 crores in 118 Computer Labs across India where members and students are provided training to improve their computer skills. The Institute is also planning to conduct online examinations which will be of great benefit to students across the globe.
The Vice President CA Uttam Prakas Agarwal in his speech announced that the Institute is planning to give an award to the best foreign Chapter in future.
The meeting was presided over by the Chairman of the Kuwait Chapter CA Jagdish Joshi. Mr. Dinesh Bhattia, Counsellor, the Embassy of India in Kuwait, CA Sanjiv Pabrai, Vice Chairman of the Chapter, CA Dinesh Dhume, Treasurer and CA M. S. Mathew, Secretary also spoke.
On subsequent day, the Vice President Uttam Prakash Aggarwal paid a visit to the Embassy of India and met Hon. M. Ganapathy, Ambassador, who is also the patron of the Kuwait Chapter. The Vice President thanked the Ambassador for the wholehearted support that is extended to the Kuwait Chapter by the Embassy.
The Vice President, along with the office bearers of the Kuwait Chapter, also visited the office of the Kuwait Society of Accountants and was given a warm welcome by the Chairman and Board members of the Society. The Vice President held discussions with the Board members of the Kuwait Society of Accountants on various bilateral issues and extended the support of ICAI for setting up an Accounting Professional Institute in Kuwait. The meeting decided to hold joint meetings of the members of the Kuwait Chapter of the Institute and the Society of Kuwaiti Accountants periodically. The Chairman of the Society also requested that the Chapter members may contribute professional articles for publication in the journal of the Society. He also invited the Chairman and other office bearers of the Society to the forthcoming international conference to be held in Jaipur.
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