By Taxscan staff – March 11, 2021 at 8:29 p.m.

The Institute of Chartered Accountants of India (ICAI) has requested the Preliminary Expression of Curiosity in Wellness Applications and Observe Administration Software program for Chartered Accountants.

ICAI has round 3.15 lakh members and round 90,000 corporations specializing within the conventional areas of auditing, direct, oblique and worldwide taxes together with GST and in rising areas resembling insolvency, monetary providers , danger administration and company restructuring, and so forth. trade holding management positions resembling C&MD in banks / monetary establishments, CEOs and CFOs in outstanding and respected public / non-public corporations.

“The Sensible Membership Committee (CMP) of the Institute of Chartered Accountants of India is a non-standing committee established underneath the regulatory provisions of the Chartered Accountants Act, 1949. This committee was established to facilitate the consolidation and capability constructing of CA corporations so as to tackle numerous points dealing with CA corporations and conceptualize and implement numerous technique of constructing their capability in addition to present complete tips for consolidating CA corporations It goals to encourage and strengthen the shut hyperlinks between the Institute and accountants, so as to present them with a reference base by way of data, experience, expertise and help for his or her skilled improvement ”, declared the ICAI.

First, one of many fundamental initiatives of the Committee’s actions is to increase numerous social safety measures to members by means of preparations with the principle service suppliers to which members can resort at their selection.

ICAI needs to increase higher supplementary social safety schemes to ICAI members at decreased charges.

Thus, the Institute requested expressions of curiosity from the assorted service suppliers providing applications in areas {of professional} curiosity, specifically journey, lodges, well being, medical insurance coverage, non permanent insurance coverage, laptops / desktops, software program and different merchandise {of professional} curiosity.

Second, one of many fundamental actions of the CMP is to develop / manage software program related to the members of the ICAI. On this regard, CMP needs to develop observe administration software program to assist its members and corporations serve their purchasers and handle their observe.

Observe administration software program can embrace jobs and invoicing, capability planning, documentation, centralized buyer database, timesheets, invoicing, attendance, and extra. apply. The detailed RFP, together with technical and monetary necessities, will likely be uploaded shortly. Within the meantime, we are going to ask service suppliers to ship their expression of curiosity with a price range quote to [email protected], ”ICAI mentioned.