Accounts Assistant Scheme The Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur, launched the special employability scheme.
The Institute of Chartered Accountants of India (ICAI)’s Accounting Research Foundation(ARF) has launched a new initiative on Thursday, February 11. Under this initiative, the students who have passed Class 12 will be trained to make them employable in the market. The initiative, for now, has been launched in the Hamirpur region of Himachal Pradesh. The pilot project, which is being carried out under ICAI’s Accounts Assistant Scheme, will focus on training the 12th pass students in subjects like tax compliance, accounting, and other related topics. Further, they will also be taught ways to improve their knowledge of things
like bookkeeping, Income Tax compliance, GST, etc.
The Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur, launched the special employability scheme. He mentioned that this scheme will be exceedingly beneficial for the local youth and the fees for it is quite reasonable. He added, “This is a major step towards the employment of the local youth and the fee structure is also were reasonable.” Those candidates who enroll and successfully complete this program will get an opportunity to intern with audit firms and experienced independent CAs. Once they get some job experience, they will become eligible for applying for good opportunities in the future. In fact, they can then also apply for a job at the Institute of Chartered Accountants of India portal through the website. From what is known till now, around 200 students will be enrolled in the six months training process. The fee for the entire duration is Rs 3,540, excluding taxes besides admission and examination fee.
All those who are a part of the program will be assessed through a rigorous process controlled by ICAI ARF. This initiative by ICAI’s Accounts Assistant Scheme will be carried out at the ground along with an NGO or Trust. Once this pilot project becomes successful, it will be
spread across India.
ICAI launches ICAI ARF Accounts Assistant Scheme; know the details
NEW DELHI: The Institute of Chartered Accountants of India (ICAI) has successfully launched the first pilot project of the ICAI ARF -Accounts Assistant Scheme today. The scheme was launched at the ICAI Head Office, New Delhi by Shri Anurag Singh Thakur, Hon’ble Minister of State for Finance & Corporate Affairs. The main objective of the scheme is sustainable skill development of the local youth and to make them readily employable locally. ICAI ARF-Accounts Assistant Scheme is an endeavor towards youth skill development and skill-based training in the subjects of Accounting.
Tax Compliances & related topics.
The scheme will also develop expertise on bookkeeping, GST, and Income Tax Compliances. Salient features of the ICAI ARF Accounts Assistant Scheme
It will offer skill-based training programs and evaluations through a rigorous process
monitored by the ICAI ARF team.
The scheme will be offered in joint efforts with an NGO/trust to mobilize the youth
from the ground level.
Thakur said that the project is launched initially for local youth of the Hamirpur district of Himachal Pradesh. “It is going to help the students who are above the age of 21 years & will train the local youth for bookkeeping, GST filing and understanding the tax procedures of GST. This is a major step towards the employment of the local youth and the fee structure is also reasonable” he added.
Given the scheme is to be monitored and evaluated by ICAI, it will likely add credibility. Also, students who clear the scheme will get the chance to intern with experienced CAs, organizations, etc. This will boost the employability of students locally, including through the ICAI of India job portal. ICAI
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