In its continuous endeavour to contribute towards Skill Development and making youth employable by ensuring successful training to develop skill sets in the subject of Accounting, Tax Compliances & related topics and to develop expertise on book-keeping, GST and Income Tax Compliances, the first ever pilot project of ICAI ARF -Accounts Assistant Scheme launched today by Shri Anurag Singh Thakur, Hon'ble Minister of State for Finance & Corporate Affairs at ICAI Head Office, New Delhi. This Pilot Project of the Scheme is a step towards sustainable skill development of the local youth and make them readily employable locally.

The Institute of Chartered Accountants of India (ICAI) established ICAI Accounting Research Foundation (ICAI ARF), a core research body in the areas of accounting, auditing, capital markets, fiscal policies, monetary policies and other related disciplines. As a part of its continued pursuit to promote research, the ICAI Accounting Research Foundation (ICAI ARF) has undertaken and completed various basic and applied research projects. It also provides financial assistance to researchers / scholars for undertaking basic research projects of contemporary national/international significance in the aforesaid areas.

Shri Anurag Singh Thakur, Hon’ble Minister while congratulating ICAI stated “This Pilot Project of ICAI ARF is being launched initially for local youth of Hamirpur district of Himachal Pradesh. This scheme is going to help the students who are above the age of 21 years & will train the local youth for book keeping, GST filing and understanding the tax procedures of GST. This is a major step towards employment of the local youth and the fee structure is also were reasonable.”

The Hon’ble Minister further remarked “As this Scheme is being monitored & evaluated by ICAI, the premier accountancy body of India, it has more credibility and the students who will clear this scheme shall get the chance to intern with experience CAs, organisations etc. The experience gained by the students would help them to get jobs locally & through ICAI job portal, they will have ample career opportunities.”

The salient features of the scheme are:

• The scheme will offer skill based training and evaluation through a rigorous process controlled by ICAI ARF
• The scheme may be offered jointly with an NGO/Trust, to mobilise youth at the ground level

CA. Atul Kumar Gupta, President, ICAI said “Education brings forth the treasure of life’s innate dignity and releases the capacity to freely shape the future. The importance of learning enables the individuals to put their potential to optimal use.”

President, ICAI further said “From the time of its inception, the ICAI has consistently held the lofty vision and established a tradition of educating the students by constantly working for their all-round development. This Pilot Project of Accounts Assistant Scheme is one more step towards ICAI’s constant endeavour to encourage the young aspirants who wish to pursue their dream of gaining knowledge in the field of accountancy and serve the nation with their capabilities and knowledge.”

The Scheme will be accessible to the interested candidates and thus empower the youth through skill development and will also help them to be a part of the mainstream economy.

For more information regarding the Scheme, please refer to the attached file.