ICAI to launch ‘New Age Auditors’ program

The Institute of Chartered Accountants of India (ICAI) is set to launch Executive Master Program – ‘New Age Auditors’ on 23 November 2020. The enrollments will make class of first batch of Virtual Executive Master Program. The course will be delivered by Center for Audit Quality (CAQ).

The Center for Audit Quality is the newly added center by the ICAI with focus on research and development and henceforth to build a systematic audit quality framework. The CAQ faculty members shall consists of people from practice portfolio including CAs, regulatory authorities like SFIO, CBI, RBI and banks, member of MRA countries, overseas Chapters of ICAI.

The ‘New Age Auditors’ program will be delivered online via learning.icai.org; Program fee is Rs. 11, 800 only.

The Virtual Executive Master Program shall require 16 days for completion; On an average candidates will need 4 hours a day towards program completion. This is a refresher course, candidates will be taught new technologies including robotics process automation, cloud computing, artificial intelligence, blockchain technology, cybersecurity, big data, and data analytics.

“The future of the profession lies in its ability to change, evolve, and adapt to the changing environment, which is a central element of the various reforms. Keeping this in mind, ICAI would be launching the first batch of the Virtual Executive Master Program – New Age Auditors on November 23. This programme envisages acquainting the CA professionals with the evolving regulatory and technological advances in the economy, equipping the new age auditors with the futuristic skillsets in digital technologies and practices in the changing environment to help protect the public interest,” the ICAI said in an official statement.