ICAI Announces First Flagship Residential Programme From January 7
The 5-day programme will admit 50 candidates on the first-come-first-served basis
HYDERABAD: The Institute of Chartered Accountants of India (ICAI) has announced that its first advanced flagship residential programme will begin on January 7 and continue until January 11.
Titled Advanced Flagship Program: Empowering Trusted Advisors – Unlocking the Potential of Family Enterprises (Residential), this first-of-its-kind ICAI programme will be led by Nupur Pavan Bang, director cum dean of ICAI Centre of Excellence, Hyderabad.
ICAI has plans to open 11 Centres of Excellence across the country, of which three have been set up in Hyderabad, Jaipur and Kolkata. The rest will be launched in the next three years.
Curriculum, fees
The 5-day programme will admit 50 candidates on the first-come-first-served basis. Interested candidates can apply through the ICAI website, https://www.icai.org/ and each application will be judged by ICAI experts to see if the candidate is eligible for the programme.
On the basis of the review of this first batch, new batches will be announced later.
The course will feature several speakers deliberating upon succession planning, governance, conflict resolution, and sustainable growth strategies.
The registration fees of this programme is Rs 50,000 + 18% GST. This fee will include accommodation in the residential block of Centre of Excellence, Hyderabad campus and food arrangements.
Curriculum of this programme will use real-world case studies and hands-on stimulations and other group activities.
Course topics
Day 1: Understanding family businesses
Day 2: Nurturing the next generation and succession planning
Day 3: Building strong family governance
Day 4: Resolving conflicts in family businesses
Day 5: Growth, fundraising, and ownership structuring
The programme has been designed to equip CAs with the expertise needed to address the distinct challenges of family businesses, said ICAI president, CA Ranjeet Kumar Agarwal.
‘CA GPT’ for ICAI students
Meanwhile, the ICAI has launched ‘CA-GPT’ using artificial intelligence (AI) in their day-to-day proceedings, which is expected to help students as well as ICAI members.
“We have used AI to ensure that all of the important data is available on the internet — be it study materials for students, question banks, books and other things for students, or even information about registered companies for ICAI members,” he said.
This software has been fed with complete ICAI data, relevant to the main queries.
Once somebody puts in a question, the software will find data/answers from the ICAI supplied data, and search engines such as Google or other sources will not be involved in this.