Coimbatore, Jan 6 (PTI) The Institute of Cost Accountantsof India (ICAI) is launching four new courses forprofessionals next month, both members and non-members, asenior official said today.
The courses are Executive Diploma in Business Valuation,certificate course in Arbitration, certificate course in GSTand an exclusive executive diploma in Cost and ManagementAccounting for Engineers, ICAI Vice President H Padmanabhantold reporters here.
While valuation, particularly financial valuation, isemerging as an important profession, arbitration is a form ofalternative dispute resolution and a technique for theresolution of disputes outside the court, Padmanabhan said.
GST being the major tax reform and a game changer, as aprofessional it was imperative to understand and assimilatethe new taxation structure, associated compliances and thechanges in business processes emanating there from, he said.
The Institute has in recent times been proactivelyinvolved in nation-building activities like providing impetusby supporting Make in India, Swachch Bharat Abhiyan, and GSTOne Nation One tax, Padmanabhan said.
The institute, which has done an accounting system forthe Railways, will take up similar work for Defence andAviation ministries on cost and pricing, he said. PTI NVMSS.
This is unedited, unformatted feed from the Press Trust of India wire.