Half of Finance Professionals Fear Falling Behind: ACCA Introduces Tech‑Focused Certificate Series

In response to insights from over 900 finance leaders, ACCA has created the Technology in Finance certificate series – a four-part programme designed to give finance teams the practical, future-ready tools to thrive in a fast-evolving world.

Technology is transforming finance, from data and AI to cybersecurity and organisational change. However not having the skills required for the future workplace is a major concern – with 50% of respondents to ACCA’s Global Talent Trends survey concerned that they need to develop the necessary skills. Organisations need accountants and finance professionals to be tech-enabled, not just technically sound.

The certificates are aimed at anyone working in a finance role, particularly those interested in technology development and CPD for career progression. The programme is also highly relevant to finance employers or those overseeing a finance function who want their teams to gain crucial tech skills to prepare for the future.

Md. Sajid Khan, Director – India at ACCA said: Technology is already reshaping finance and embracing these innovations is just one of the ways that we’re redefining accountancy. These new certificates will give professional accountants in India - and their employers - the tools to thrive in this fast-evolving world.

The series includes:

• Certificate in Data Analytics for Finance Professionals
• Certificate in Cybersecurity for Finance Professionals
• Certificate in AI for Finance Professionals
• Certificate in Organisational Transformation for Finance Professionals

Individuals can enrol in the full series or target specific knowledge requirements by choosing the certificates most relevant to their roles. Enrolment is now open for the first certificate focused on Data Analytics. Learners can sign up through ACCA Learning, ACCA’s dedicated platform for finance professionals’ continuous learning.

More information is available on ACCA’s website.

HostBooks signs MoU with ICAI to Promote Technology Automation among Chartered Accountants

Gurgaon based FinTech Company HostBooks has signed a Memorandum of Understanding (MoU) with The Institute of Chartered Accountants of India (ICAI), the national professional accounting body to encourage the use of technology and automation among chartered accountants, which will help them increase their efficiency and productivity in practice.

As part of the MoU, HostBooks will be offering three users all-in-one accounting & compliance solutions to ICAI members for three years free of cost bundled with other benefits. The initiative is aimed at promoting the use of cutting-edge technology among members and hence increasing efficiency in their practice. This MOU is signed in the event of ICAI and World Bank on “Training Program on Auditors engagement in Procurement post review for World Bank Funded projects” in New Delhi.

Speaking on the occasion, Kapil Rana, Founder & Chairman, HostBooks Limited, said, "Chartered Accountants play an integral role in reducing the compliance burden for businesses. To facilitate further simplification and enhance their efficiency, HostBooks will provide automated and cloud-based end-to-solutions to practitioners." 

[caption id="attachment_141618" align="aligncenter" width="1024"] Dr. Sambit Mishra, Secretary, CCBMP of ICAI, CA Biswajit Mishra, CA Kapil RANA, CA Rajesh Sharma, Chairman CCBMP of ICAI and Mr. Amit Mukherji, Sharing MOU[/caption]

Furthermore, the company will provide dedicated support and service center for ICAI members after the installation of the integrated accounting and compliance software. To ease the transition process, the accounting professionals will also get a dedicated team for implementation from time to time to provide training.

Rajesh Sharma, Chairman, Committee for Capacity Building of Members in Practice of ICAI added, “The MoU signed Hostbooks for providing all-in-one accounting & compliance solutions to ICAI members will make automated technology accessible anytime, anywhere on the go to the practitioners. I believe that CA professionals will use this cloud-based facility for the enhancement of technology for accounting and compliance requirements.”

Tally Solutions Signs MoU With the ICAI to Promote Digitization Among Chartered Accountants

Tally Solutions, the country’s leading business software provider, has signed a Memorandum of Understanding (MoU) with The Institute of Chartered Accountants of India (ICAI), the national professional accounting body.

Tally Solutions, the country’s leading business software provider, has signed a Memorandum of Understanding (MoU) with The Institute of Chartered Accountants of India (ICAI), the national professional accounting body.

The agreement will provide easy access of technology for digitized accounting and compliance needs of the members of the ICAI. This will further help the digitization of businesses across sectors and industries given that CAs work closely with businesses on compliance.

As part of this MoU, Tally will be making its flagship product Tally.ERP 9 available to the ICAI members at subsidized rates. This will also be extended to all training centres and offices of the ICAI all over India.

The initiative is aimed at propelling the use of technology among members thereby bringing in greater efficiency in their practise. The company will also provide free product support to the CAs through its wide ecosystem of partners and TallyCare, its dedicated support centre.

Speaking on the occasion, Mr. Tejas Goenka, Managing Director, Tally Solutions said, “Chartered Accountants play a key role in helping entrepreneurs manage their businesses and stay compliant. We have been working closely with the community for a very long time, and the formalisation of this MoU will take the relationship even further. We look forward to working on technology education and training related programs as we build tools to enable the CA community and succeed together.”

Mr. Rajesh Sharma, Chairman, Committee for Capacity Building of Members in Practice of ICAI added, “The MoU signed with Tally Solutions for providing Tally.ERP 9 at special price will make technology accessible in the office premise of the practitioners. We hope that the CA professionals will avail this facility for enhancement of technology for accounting purpose.”

With the fast-changing economy and compliance landscape in the country, upgradation of the content for CA students is another key aspect that the two organizations will be addressing in the time to come. Tally along with the ICAI is exploring updating the ITT and ADVANCE ITT training module, material and course content for the ICAI students. Sessions to help create and build capacity within the ICAI are also on the radar.
About Tally Solutions Pvt. Ltd.

Tally Solutions Pvt. Ltd. is a pioneer in the business software products industry. Since its inception in 1986, Tally’s simple yet powerful products have been revolutionizing the way businesses run. Having delivered path breaking technology consistently for more than 3 decades, Tally symbolizes unmatched innovation and leadership.

With the trust of nearly 2 million businesses worldwide, it caters to more than 6 million users across industries in over 100 countries. The brand has one of the largest partner ecosystem in the country with more than 25,000 partners associated with the company directly to provide a seamless and delightful customer experience.