New Delhi, March 26 -- The Institute of Chartered Accountants of India (ICAI) will have a new accounting course ready for launch by 1 July that will help prepare professionals to deliver cost-competitive services to small businesses, especially in non-metros and small towns, according to its new president Prasanna Kumar D.

Kumar said that a 21-member committee, including the self-regulator's council members and external professionals, are currently designing the modular course in consultation with the ministry of corporate affairs and the ministry of micro, small and medium enterprises (MSMEs).

"The scheme will be ready for launch by 1 July, designated as the CA Day but the decision to roll out rests with the government," Kumar told Min...