Institute of Cost and Works Accountants of India and Tally Solutions Ink MOU for Cat Programme
Institute of Cost and Works Accountants of India (ICWAI) - India’s premier professional management accounting institute linked to the Ministry of Corporate Affairs - and Tally Solutions Private Limited (TSPL), India’s leading ERP software major, have signed a Memorandum of Understanding here at the ICWAI premises. Mr.Kunal Banerjee, President ICWAI, opined that, “ This tie-up with Tally will enable ICWAI to reach nook and corner of India, mainly for the computer training and basically to visit each and every village to see a rural student making his dream a reality of a gainful employment with a short training and to further his career. Thus ICWAI and Tally will address the social and economic upliftment by taking professional education to rural areas.”
This strategic partnership aims to create a pool of ERP-literate, certified, employment-ready professionals. The agreement marks the beginning of a significant effort of crafting an industry relevant career path for students in the Finance and Accounting domain. This partnership would help in the creation of a unique Industry–Academia interface that would help generate a pool of employment-ready professionals. It is expected to thereby transform the landscape of the way businesses would be operated in India.
With this partnership, ICWAI and Tally Solutions would be participating in an effort to increase the training bandwidth across the length and breadth of India and to facilitate the bridging of the digital divide between the urban and rural areas.
According to the MoU, TSPL would provide training material for a 60 hour Practical IT & Related Applications for the “Certificate in Accounting Technicians” (CAT) Programme in the first phase. The 60-hours computer training would be a pre-requisite for every student’s eligibility to the Competency Level of the CAT programme. The CAT programme roll out would cover over 500 students who have already enrolled for the current batch across ICWAI run centres and over 70 ICWAI recognised centres . The Programme intends to benefit more than 5000 students through a network of over 1300 training locations across India for the next batch. Through this Programme, Tally intends to enable creation of a ready to employ pool of ERP Literate Certified Accounting Technicians in the country.