Thursday, September 6, 2007

Accountancy


Accountancy
All business houses require the services of trained ac-counts personnel. Hence, the demand for specialists in this field is very high. A person who wants to pursue this profession must not only have good proficiency in maths but also a sound grasp of facts and figures and good judgement and analysis.
Job Market:
Accounting jobs are available in all sectors of business such as advertising, manufacturing, banking, media, publicservice, financial consultancies etc. Specialised Training: The field of accountancy has over the years branched into two broad streams – Chartered Accountancy and Cost and Works Accountancy. After completing +2 or equivalentprogramme in science, commerce or arts, the aspirant can specialise in either of these branches.Chartered AccountancyThe pattern of training for the Chartered Accountancy course has been revised with effect from October 2001. Instead of the Foundation and Intermediate examinations, we now have the Professional Education-I and Professional Education-II examinations.
The papers and syllabi also stand revised and updated in tune with the emerging trends. The new pattern is as follows:P E - I1. Fundamentals of Accounting; 2. Mathematics and Statistics; 3. Economics; 4. Business Communication and Organisation and ManagementP E - II:
Group I
1. Accounting; 2. Auditing; 3. Business and Corporate Laws
Group II
1. Fundamentals of Financial Management and Costing; 2.Income Tax and Central Sales Tax; 3. Information TechnologyFinal Examination: Group I: 1. Advanced Accounting; 2.Advanced Financial Management; 3. Advanced Auditing; 4.Corporate Laws and Secretarial Practice
Group III
1. Cost Management; 2. Management Information and Control Systems; 3. Direct Taxes; 4. Indirect Taxes.After the Plus Two stage, students can launch their PE programme comprising two parts that can be covered in nearly two years. Those who have a university degree with the prescribed minimum marks can however skip the PE I hurdle and directly join the PE II level training.Students have to undergo the postal tuition arranged by the Institute. They may, if interested, attend the oral classes organised by the accredited institutions. One significant change that has been introduced is that students can start the 3-year practical training as an articled clerk in a CA's office only after passing the PE examinations and completing the prescribed computer training. During the last six months of the practical training or thereafter, students can appear for the final examination. After passing the final examination, candidates have to undergo a short programme on General Management and Communication Skills. A brilliant and hard-working student can complete the programme in a totalperiod of five years, become an Associate Member, obtain a Certificate of Practice and enjoy all the privileges and prerogatives of a chartered accountant.There is no objection in undergoing a regular academic programme in a college during his preparation for the PE courses.For further details, contact: 1. The Institute of Chartered Accountants of India, IndraprasthaMarg, New Delhi-110 0022. Deputy Secretary, The Institute of Chartered Accountants ofIndia, 122, Mahatma Gandhi Salai, Chennai-600 034

Chartered Accountancy
For further details, contact: 1. The Institute of Chartered Accountants of India, IndraprasthaMarg, New Delhi-110 0022. Deputy Secretary, The Institute of Chartered Accountants ofIndia, 122, Mahatma Gandhi Salai, Chennai-600 034Cost and Works AccountancyAddresses of the Regional Councils of ICWAI1. The Institute of Cost and Works Accountants of India, 12, Sud-der Street, Calcutta-700 016 West Bengal (Head Quarters)2. Northern India Regional Council of ICWAI, 3 Institutional Area, Lodi Road, New Delhi-1100033. Southern India Regional Council of ICWAI, 65, Montieth Road, Egmore, Chennai-600 008 Tamil Nadu4. Western India Regional Council of ICWAI, Rohit Chambers, Ghoga Street, Fort, Mumbai-400 0015. Eastern India Regional Council of ICWAI, 84, Harish Mukher-jee Road, Calcutta-700 025Some Useful Addresses in Kerala1. The Secretary, Trivandrum Chapter of ICWAI, TE9/881-1, Jawahar Lane, Vellayambalam, Trivandrum-102. The Secretary, Kottayam Chapter of ICWAI, Baselius College Buildings, Kottayam-13. The Secretary, Cochin Chapter of ICWAI, ICWA Bhavan, Door No. 36/897-A, Judge Avenue, Kaloor, Cochin-174. The Secretary, Trichur Chapter of ICWAI, IV/294, Tana, Irin-jalakuda-680 1215. The Secretary, Palakkad Chapter of ICWAI, Kits College, Court Road, Palakkad-678 001Company SecretaryList of ICSI Offices in IndiaHeadquarter:1. ICSI House, 22, Institutional Area, Lodi Road, New Delhi-110 003Regional Councils:1. EIRC, 18-A, Everest House (18th Floor), 46-C, Chowringhee Road, Calcutta-700 0712. NIRC, ICSI-NIRC Building, Plot No. 4, Prasad Nagar, In-stitutional Area, (Behind Kalindi College), Rajindra Place, New Delhi-110 0053. WIRC, No. 13, Jolly Maker Chambers, No. 11 (Ist Floor), Nariman Point, Mumbai-400 0214. SIRC, No. 4, Wheat Crofts Road, Nungambakkam, Chen-nai-600 034Following Chapters of ICSI in Kerala will provide application forms and details of the programme1. Thirvananthapuram Chapter, Utsavamadam Buildings, Kat-tayikkakan, Phone: 4519152. Kochi Chapter, North Railway Station Road, Phone: 3929503. Kottayam Satellite Chapter, Eranjal Road, Phone: 5721074. Thrissur Satellite Chapter, Paliyam Road, Phone: 331112

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