Graduate from any discipline would be able to join CA course
Those who aspire to be a chartered accountant and are not commerce graduate, would now be able to join CA course. The Institute of Chartered Accountants of India i.e. ICAI’s central governing council has decided that it would allow graduate from any stream to join CA course.
The proposal for it has been submitted to the Government of India and as soon as it gets Parliament's permission, graduate from any discipline will be able to pursue a course in CA.
This was announced recently by ICAI vice-president Jaydeep Shah. He was attending a two-day National Convention 2011 organised by Baroda branch of Western India Regional Council (WIRC) of ICAI.
There is huge demand for CAs and thus this decision would really help in bridging the demand and supply gap. Students would be able to complete their graduation before choosing a specialized line for themselves. Once the changes are implemented, a graduate from any discipline, with 55% marks, would be able to join the course with appearing for CPT which is an entry level test for the joining the course. Students from diverse branches will enter the field and this will given diversification to the profession itself.
Source: The Times of India