The Accountancy profession has been recognized as an integral part of economic development. Accounting professionals have a distinct future. While some of the services provided are in the nature of day-to-day functions, others pertain to management consultancy.

There are expectations of high quality service from the professionals, maintaining at the same time, their level of integrity, excellence and independence.

The Accounting and Finance Profession faces competition not only from within the sector but also from service providers of other areas.

Structure of the Accounting Profession is dominated by small and medium size practitioners. In India, about 95% of the Accounting Profession comprises of small and medium size practitioners.

They have their own intrinsic organizational, operational and financial limitations. Never before has the country needed the services of Accountancy / Finance professionals in every facet of economy.

The complete knowledge of all the prevalent softwares in the market today, like in the field of Taxation, Return Filing, Excise, VAT, Accounts, Portfolio Management , Banking etc. is a prerequisite.

Even an average student of Finance and/or Accounts can expect starting salary in five figures.

The recent published NASSCOM report anticipates a job requirement of over 10 million people in the field of Computerized Accounts, Finance and Back Office by 2010 in India.

The profession is gearing up and getting oriented to realize the virtues of opportunities opened for them & NIFA is facilitating this process by helping them in getting suitable knowledge & skill set.

The Educational and Training curriculum at NIFA has been revised thoroughly, keeping in mind the area of Information Technology, Trade Laws and Insurance Services etc.