ICAI CA New Syllabus: Know Complete Details about Integrated Course on Information Technology and Soft Skills (ICITSS), Advanced ICITSS and Self-Paced Online Modules

In order to provide information about the new syllabus, the Institute of Chartered Accountants of India (ICAI) has published a set of Frequently Asked Questions (FAQs) pertaining to the scheme.

Among the various new schemes, there is a particular interest among students and individuals associated with this field regarding the Integrated Course on Information Technology and Soft Skills (ICITSS), Advanced ICITSS, and the Self-paced online modules.

INTEGRATED COURSE ON INFORMATION TECHNOLOGY (ICITSS) & ADVANCED ICITSS

The Integrated Course on Information Technology (ICITSS) is a combination of Orientation Course (OC) and Information Technology Training (ITT). It should be completed before the commencement of the practical training.

Advanced Integrated Course on Information Technology (AICITSS) is a combination of Management and Communication Skills (MCS) Course and Advanced Information Technology Training (Advanced ITT) which should be completed after the practical training, but before appearing for the final examination. Both ICITSS and Advanced ICITSS are of 4 weeks each.

SELF PACED ONLINE MODULES

The Self-Paced Online Module is a course that allows students to learn and complete at their own preferred speed once they have registered for the Final Course. The New Scheme of Education and Training includes four self-paced online modules, namely SET A, SET B, SET C, and SET D, which cover various subject areas.

There 4 sets in Self-Paced Online Modules, as under:

SET A: Corporate and Economic Laws (100 Marks) [Mandatory]

SET B: Strategic Cost & Performance Management (100 Marks) [Mandatory]

SET C: Elective (Choose one) (100 Marks)

1. Risk Management
2. Sustainable Development and Sustainability Reporting
3. Public Finance and Government Accounting
4. The Insolvency and Bankruptcy Code, 2016
5. International Taxation
6. The Arbitration and Conciliation Act, 1996
7. Forensic Accounting
8. Valuation
9. Financial Services and Capital Markets
10. Forex and Treasury Management

SET D: Multidisciplinary (Choose one) (100 Marks)

1. The Constitution of India and Art of Advocacy
2. Psychology & Philosophy
3. Entrepreneurship and Start-Up Ecosystem
4. Digital Ecosystem and Controls

During the registration process for the Final Course, the students will also have the opportunity to register for the Self-Paced Online Modules. The registration form for the Final Course will include the option to select subjects from the Self-Paced Online Modules SET C and SET D. There is no additional fee required for registering for the Self-Paced Online Modules.

According to ICAI, expert knowledge is expected in SET A and SET B. Working knowledge is expected in SET C and SET D. A student is declared to have qualified a Self-Paced Online Module if he/she secures a minimum of 50% marks in that module. Also, there will be no restriction on the number of attempts for each module. In addition, the marks secured in Self-Paced Online Modules will not be aggregated with the marks obtained in the Final Examination.

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