Chartered accountants’ apex body ICAI has revised its education and training system by including several contemporary topics — GST and CSR –, Parliament was informed today. “The curriculum of the Chartered Accountants (CA) courses has been recently revised by the Institute of Chartered Accountants of India (ICAI),” Minister of State for Corporate Affairs Arjun Ram Meghwal said in a written reply to the Rajya Sabha.
He further said that several contemporary and relevant topics including Goods and Services Tax (GST); integrated as well as Corporate Social Responsibility (CSR) reporting; and global financial reporting standard have been included in the syllabus. Also, chapters have been introduced on islamic finance, start-up finance, small and medium enterprise (SME). Certain redundant topics on indirect taxes — services tax, excise duty, value added tax (VAT) — have been deleted.