ACL Inks Partnership With The Institute of Chartered Accountants of India (ICAI)

Alliance With Premier Organization Will Enrich Educational Initiatives For Members

Oct 28, 2013, 10:30 ET from ACL

READING, England, Oct. 28, 2013 /PRNewswire/ -- ACL, the company that is transforming audit and risk management, today announced that it has forged a partnership with The Institute of Chartered Accountants of India (ICAI), the second largest accounting organization in the world. Through this alliance, ACL will continue to expand its global footprint by installing the ACL™ Analytics training edition in 4,800 workstations across 180 ICAI educational centers throughout India. As part of the announcement, exclusive software and training offers will also be available for ICAI members, including a trial subscription to ACL™ GRC.

Established in 1949 to regulate the profession of Chartered Accountants in India, the ICAI is recognized as a premier accounting body that plays a prominent role in the fields of education, professional development, auditing, and ethics. With a worldwide membership of more than 160,000 students and accounting professionals, the organization serves as a key source of insight for various national entities, including the Comptroller & Auditor General of India, the Reserve Bank of India, and the Ministry of Corporate Affairs.

According to ICAI President, CA. Subodh Kumar Agrawal, "For years, ACL has been world renowned for its audit analytics technology. Now that the company is leading the industry with its data-driven, cloud based GRC technology, we are extremely proud to be able to provide our students and members with the most cutting-edge solutions currently available in the marketplace."

The ICAI has recently launched several new initiatives within its education and training program, including a new course for Accounting Technicians and a Virtual Institute Project that provides e-services to members and students around the world.

"ACL's technology will enable us to significantly enhance our members' ability to perform assurance services faster and more efficiently. This is a great step towards enhancing the value of the profession," said Santhana Krishnan, Chairman, IT Committee at ICAI.

"As global demand for cloud-based and mobile solutions rapidly gains momentum, ACL has seized strategic opportunities to partner with influential organizations, such as the ICAI, in regions that are eager to adopt nascent technology," said Vasu Desikachary, VP World Wide Channel Sales at ACL. "We have more than doubled the number of channel partners across the developing markets of India and the Middle East over the past 12 months, increasing revenue by more than 50% in those regions."

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