Expanding overseas business with technological intervention is the new normal for business and accounting professionals. The Accounting Professionals play a pivotal role in advising business houses at every step. With an exceptional pace and scale of innovation in the world for performing various financial and non-financial transactions, in the modern era, CA professionals are being judged on a specific attribute i.e. “adaptability to change”. More and more Indian firms and accounting professionals are embracing a truly global operating model as it lays down foundation for long term success in the globalisation era.
In order to be adaptable to the global markets, there has been a rise for the expertise in second language which increases the scope for mobility. Taking cognizance of the matter, the Institute of Chartered Accountants of India (ICAI) through its Committee for Development of International Trade, Services & WTO organises online beginners’ level courses in Spanish, German, Japanese, Business English and French for its members/students, through respective language and cultural centres of foreign embassies in India.
CA. (Dr.) Debashis Mitra , President, ICAI opines that by acquiring the language skills, CA members and students, gain technical expertise that can add value to their linguistic skills in the respective local work area and can help serve the foreign clients better.
CA. Dheeraj Kumar Khandelwal, Chairman, Committee for Development of International Trade, Services & WTO is of the view that these language programmes are gateway for members and students, to other countries. Learning foreign language is all about learning how to truly communicate and connect with others-an incredibly significant life skill that can only be cultivated by interacting with people.
CA. Rohit Ruwatia, Vice Chairman of the Committee opines that these courses will benefit accounting professionals to perform their functions globally by forming meaningful relationships which help them to be more flexible and adaptive in the global world.