Research Committee is one of the technical committees of the Institute. Its primary activities include formulating Guidance Notes on accounting aspects to be issued under the authority of the Council of the Institute as well as publishing Technical Guides, Studies, Monographs, etc., on generally accepted accounting principles and practices designed to enhance the value of the services rendered by the profession.
Applications are invited for Research Projects from members and others for formulating Guidance Notes on Accounting from perspective of the Ind ASs, Companies Act, 2013 or other applicable laws as well as revision of Technical Guides on Accounting in various specific sectors. Certain projects which have already been identified to be taken up by the Committee includes revision of the Guidance Note on Accrual Basis of Accounting, formulation of a Guidance Note on Accounting issues in Telecom Industry, Technical Guide on Accounting issues in health care industry etc.
The Eligibility Criteria
(a) The applicant must be a member of the Institute of Chartered Accountants of India with a research aptitude having at least 10 years of post-qualification experience either in the practice of the profession or as an employee with a reputed manufacturing/service organisation; or
(b) The applicant must be holding a post-graduate degree from a recognised University or an institute of national repute and must have at least 10 years research and/or teaching experience;
Applications from persons having an experience less than as stated above may also be considered on the basis of merit.
The Evaluation Criteria
Only those research proposals will be accepted that result in revision/formulation of guidance material in the form of Guidance Notes on Accounting, Technical Guide, Studies, Monographs for the members of the Institute in accounting and allied areas, such as the following:
♦ the issues on which no Accounting Standards are available or
♦ the issues that may arise in the implementation of Accounting Standards and other pronouncements in the industry-specific situations.
Duration
The duration of research project should not exceed 3 months from the date of the approval of the research proposal unless a longer period is otherwise justified.
Documents to be Submitted with the Research Proposal
The proposal should be accompanied by a
- Complete bio-data including experience in the relevant field of interest.
- Synopsis of the project explicitly specifying the objective, scope and issues that would be addressed in the final proposed document. It should also contain a justification for the proposal and the detailed chapter plan.
Research proposals complete in all respects should be sent to the Secretary, Research Committee, at the following address:
The Institute of Chartered Accountants of India,
ICAI Bhawan,
Post Box No.7100,
Indraprastha Marg,
New Delhi
E‑mail: research@icai.in