Mangaluru, Dec 16, 2015 : "We want Indian CAs to be the best in the world and with this objective in mind the Institute of Chartered Accountants of India (ICAI) is ready with its new syllabus in tune with the current global needs," said K Raghu, former president of ICAI.
He was delivering the key-note address at Jnana Sathra, a two-day National Conclave of Students organised by the Board of Studies of ICAI under the aegis of the Mangaluru Branch of SIRC and SICASA of ICAI on December 15, Tuesday.
Continuing, Raghu said the syllabus has been placed before the Ministry of Corporate Affairs for clearance and added that it is likely to be introduced in November 2016.
The latest changes in all aspects of CA education are incorporated in the syllabus, he said adding International Financial Reporting Standards and various other issues are now part of the syllabus after due consultation with the relevant authorities including practising CAs, academicians and industry experts.
While drawing attention to the fact that the pass percentage was just around 7 % to 8 % in CA examinations, he said CA students should derive inspiration from some students like Yogish Mistry, Harsha Bhattad and Prema Jayakumar who battled against odds to top the exams, considered to be the toughest in India.