Tally Solutions has signed an MoU with The Institute of Chartered Accountants of India (ICAI), India’s professional accounting body. The arbitration will provide easy access to 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 practice. The company will also provide free product support to the CAs through its wide ecosystem of partners and TallyCare, its dedicated support centre.
With the fast-changing economy and compliance landscape in the country, up-gradation 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.