Established in the year 1949, ICAI or Institute of Chartered Accountants of India is the national professional accounting body. It regulates the profession of Chartered Accountancy in India. It is superb to mention that ICAI is second largest professional accounting and finance body in the world.
To prevent the spread of Corona virus infection, India is under complete lock down now is known. Therefore it would not be possible to have traditional modes of education now. In this scenario, many institutes have moved to digital platforms to offer courses to their students. Point here is ICAI or Institute for Chartered Accountants is providing free online courses now.
The official website for ICAI is learning.icai.org and it is said that some of the courses are unique in nature.
Various online courses offered are
Block chain technology and accountancy:
This self paced free certificate course is tremendous and it would give overview of block chain related practices and how they could be used by accountants.
Information system audits:
To increase the skill levels of those in CA profession, this course would be superb. It must be noted that those who are new to the industry and those who are in their internships could use this course. It would help them to assist professionals in preparation of reports. In addition to this, practical aspects of system audit engagement could be known from this course.
Forensic accounting and fraud detection:
New age financial cries could be known by this online course offered by ICAI. These days, with digital technology being used, financial frauds have become common. This certified course helps in investigation and analysis of these financial frauds. There is also one course titled ‘Early signs of fraud in banking sector’ and this course deals with banking sector exclusively. These two online courses are free and are enrolling.
Wealth management and financial planning:
It must be taken into account that this is a 10 day course with 3 hours a day of lecture. N finishing the course, the candidates would get a certificate. The fee for this course is Rs 4720. This course would have topics like financial planning, devising effective investment strategy and practical procedural aspects.
Various traditional courses that are available are auditing and assurance, cost and management accounting, income tax law, indirect law, audit assurance, advance audit, principle of accounting etc. Point is these are 208 weeks long courses and would be available for free.