Nation Current Affairs 25 Jul 2019 ‘Global demand ...

‘Global demand for Indian CAs’

DECCAN CHRONICLE.
Published Jul 25, 2019, 5:17 am IST
Updated Jul 25, 2019, 5:17 am IST
Participating as chief guest, CA Ramasamy said that students of Commerce have an important role to play in the development of the economy.
G. Ramasamy, former president of The Institute of Chartered Accountants of India (ICAI), New Delhi, at the inaugural of chartered accountants coaching classes for Foundation Course and Intermediate Course that will be conducted for 2019 batch of B.Com students of Sri Krishna Arts and Science College. (Photo: DC)
 G. Ramasamy, former president of The Institute of Chartered Accountants of India (ICAI), New Delhi, at the inaugural of chartered accountants coaching classes for Foundation Course and Intermediate Course that will be conducted for 2019 batch of B.Com students of Sri Krishna Arts and Science College. (Photo: DC)

Coimbatore: Chartered accountancy, despite being regarded as one of the toughest examinations to crack, sees about three lakh Chartered Accountants (CAs) currently available in India, according to CA. G. Ramasamy, former president of the Institute of Chartered Accountants of India (ICAI), New Delhi.

Ramasamy was recently in the textile city to inaugurate coaching classes for the foundation and intermediate courses that will be conducted for 2019 batch B.Com (professional accounting) students of the Sri Krishna Arts and Science College (SKASC).

 

S. Malarvizhi, chairperson and managing trustee of Sri Krishna Institutions presided over the function and delivered the presidential address.

Participating as chief guest, CA Ramasamy said that students of Commerce have an important role to play in the development of the economy. “The Indian economy is all set to surpass that of China. Our economy is in dire need of professional youth and women experts,” he said.

“It is noteworthy to point out that Indian chartered accountants are invited to work in developing nations, he added.”

 

On job opportunities for qualified CAs, he said, "Corporate and bank frauds which are rampant can be prevented by CAs, and they can double up as consultants and advisors for goods and service tax (GST) related matters."

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