Indian institute looking to expand

The standard of accounting amongst India’s accountants is set to rise if the
Institute of Chartered Accountants of India
(ICAI) goes ahead with plans to set up 12 centres of excellence for chartered
accountants nationally within two years.

The centres would aim to enhance the capability, quality and performance of
CAs in the country, while new courses such as general management communication
would be introduced once these centres are set up.

A centres of excellence is already operating in
Hyderabad and another one
is being set-up in Mumbai.

In the last three years, the number of CAs in the country has gone up by 30%.
There are 140,000 CAs in India and over 400,000 students enroled in a CA course.

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