The satellite technology advancements in the past decade have brought us to the very threshold of endless possibilities. Among other things it also offers great flexibility with its super innovative and efficient nature.
The Institute of Chartered Accountants of India (ICAI) has thus charted out plans for chartered accountancy students who might as well enjoy and greatly benefit from the to be introduced satellite coaching centers. ICATV, a self owned satellite is another ambituioous dream as pursued by the apex Chartered Accountancy body.
A request has already been sent to the information & broadcasting ministry. If approved of, The Indian Space Research Organization (ISRO) will itself take the initiative in helping ICAI with the launch of its ambitious satellite ICATV. For once, these don’t seem like mere big talks as the norm. The body is undoubtedly striving hard to better the rate and number of qualified CA’s in India.
As of now a mere five percent of the students pass their CA exams. Through all the efforts as put forth by the ICAI, this percentage should go up to 20% in the coming years.
Totaling in at 1,67,000 the country sure as well lacks CA’s and could do very much with a solid addition in this list in the coming few years itself. The sixty one year old ICAI is a highly reputed body not just in India but also globally. As the second largest accounting body in the world it is very well known for its accounting and auditing ethics and high standards of regulation.
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