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India needs more CAs

Posted Date : 26-Nov-2011 , 07:57:36 am | Posted By CASANSAAR print Print

 

There is a huge demand for Chartered Accountants (CA) and it is estimated that India will require another 5 lakh CAs by 2020.This was stated by C A Shanmukh Sundaram, chairman of Southern India RegionalCouncil of The Institute of Chartered Accountants of India (SIRC of ICAI) .

 

He was here to inaugurate the ‘One Village One CA’ programme, an initiative to create awareness about CA course among school students, ICAI.

 

“A total of 1,82,000 chartered accountants are there in the country and we are the second largest accounting body in the world after the US,” Sundaram said. He also pointed out that Indian CAs are notonly sought in India but other countries as well.

 

“In West Asia, over 50 per cent of the corporate are managed by Indian CAs,” he noted. Sundaram added that they were taking initiatives to create awareness among parents and students about the course.

 

“Of the total 6 lakh villages in our nation, 32,000 exist in Tamil Nadu. There are 1,000 villages in Kanyakumari district alone, and the aim is to produce at least one CA from each village in India,” said A John Moris, the Coopted member of Career Counselling Committee of SIRC of ICAI. (IBNlive)

Category : ICAI | Comments : 8 | Hits : 1632

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Vikas Kundu

26-Nov-2011 , 12:08:34 pm

Dear Sir, First of all provide job to existing newly qualified chartered. If institute will give once again same result then u will see the reputation of CAs.

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sudhanshu sheakhar jha

26-Nov-2011 , 12:22:51 pm

Dear sir,i agree with your view ,but first think about us who are newly qualified ca's but there is no job.

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naval kishor

26-Nov-2011 , 04:21:25 am

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naval kishor

26-Nov-2011 , 04:22:35 am

Dear sir, plz first provide job 2 existing members..

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naval kishor

26-Nov-2011 , 04:22:50 am

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Nikhil Mohan Jhanwar

26-Nov-2011 , 05:18:39 am

Yes, Demand is there for CAs but only for experienced one, not for freshers......

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May I Help You.

27-Nov-2011 , 09:03:30 am

At Diamond Jubilee function of NIRC of ICAI. CA. Vivek Khurana (Founder of www.casansaar.com) raised a question to Council Members on behalf of our peers, the fresh CA's: "What ICAI, NIRC & council Members are doing for Newly Qualified CA's who are not getting jobs?". But, No satisfactory answer was given by Council Members.

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Vikram Agrawal

28-Nov-2011 , 09:29:09 am

Dear sir Truly agreeing with all my friends cooments given below. In todays ecneraio existing CA are not getting job then how can we say that there is more need of CA.

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