ICAI LAUNCHES ONLINE COURSES DUE TO COVID-19
ICAI has launched various post qualification and certificate courses which are online for its members due to COVID-19.
KEEPING UP ITS PACE WITH COVID-19, ICAI LAUNCHES ONLINE COURSES
COVID-19 has forced every one of us to remain at home. It has covered almost 200 countries and thus forcing us to be at halt. Work from home culture is on the rise and it's going to stay in the future also. The whole process and idea of running the show during this pandemic is very important considering the nature and the mode of the spread of this disease. Social distancing seems to be one of the best option to limit the spread and to ensure the same the service provider will have to reach to its customers’ home as much as possible. Educational institutions are also heading in the same direction to avoid a complete break on its students' continuous improvement and enhancement of the knowledge and skills.
THE ONLINE COURSES AND ITS DETAILS
Keeping the same in view The Institute of chartered accountant of India (ICAI) has launched various post qualification and certificate courses which are online for its members. Students can enroll to these online courses through the website of ICAI which is https:// learning.icai.org.
The Institute of chartered accountants of India (ICAI) Has launched three virtual courses which are:-
- Certificate Course on Forensic Accounting and Fraud Detection-Now a days we are coming across several news related to cyber frauds or online banking frauds. Considering the nature and frequency of these frauds this online certificate course will be of high importance. It will be utilizing the principles of auditing, accounting, data mining tools and investigative skills which will be the integral parts to detect such frauds. ICAI has conducted virtual classes of this course through its digital learning mode.
- Certificate Course on Concurrent Audit of the Banks -This online course enables the members to have an in-depth knowledge regarding the audit of banks. Banks on their part conduct their internal check of the various transactions, verifications and the procedure compliances. The basic function or objective of this course is to act as an adjunct in the efforts being made by the banks in maintaining the above said internal checks. The whole process will improve their effectivity of audit system in the banks and the quality and coverage of audit reports.
- 50 Hours Educational Course by ICAI Registered Valuers Organisation- ICAI registered valuers organisation is a company under section 8 which is formed by ICAI. It has already launched its first online batch from April 26 to May 3,2020. The designing of this online course is in close sync with the syllabus prescribed by insolvency and bankruptcy board of India (IBBI). This online course includes various important topics such as heads of income, various laws, macroeconomics etc.
CA Atul Kumar Gupta, the President of ICAI stated that" I regard the technology as the engine of modern economy and CA’s workplace. In this time of pandemic ICAI will put technology to optimum use for efficient delivery of services and betterment of the professional capabilities." He further added "the international Federation of accountants (IFAC) a global organisation for the accountancy profession, recognizing the online module is in these times of crisis had sought if ICAI could provide this facility globally to all professional bodies for a limited time and ICAI has offered its voluntary and free support for the professional brethren globally."
To sum up , the whole development of the launch of these online courses seems a silver lining in these dark times. This will definitely be of great help for the members to enhance their skills in the areas which are in high demand these days and also create a good repute of the professional institute.