ICAI doctoral scholarship scheme: registration is open now for the members of the ICAI institute. ICAI encourage the members of chartered accountants to research their subject. To motivate the professionals, ICAI announced a scholarship scheme. In this scheme, the candidate receives 50,000 per month as a stipend for the three years. Seventy-five per cent or above mark in the 10th and 12th standard, age below 40, and is a member of the ICAI institute are the eligibility criteria to apply for this scholarship. ICAI doctoral scholarship scheme 2021 eligibility and process initially intimated that the members need to apply for this program before July. And they can apply through the website or journal of ICAI institute. The last date extended from July to December recently. This blog brings out the valid points about the research program pursued by the chartered accountancy course members.
The research work has been under evaluation on a quarterly, half-yearly and annual basis. If the work is against the rules prescribed by the ICAI, then it cancels the scholarship. The research has been approved by the Deemed universities, Indian universities and IIM. This scholarship has a restriction of five numbers per year. The students who wish to do a research paper on tax, auditing, management, commerce and accounting can avail this window and prove their skills to the PhD program. The PhD student must join the university within four weeks of the intimation letter of the award. The research associate must submit the documents required as mentioned by the university. The initial sanction is for one year, and the renewal is after reviewing the annual report and research paper. The student must submit two research papers. One is about the international journal, and the other one is about the ICAI journal. The theme for these research papers are as per the subject opted for the research.
How to write an international journal?
The international journal needs to be written with a view to the universal issues. The journal must create an impact on auditing, tax, accountancy, management and commerce. The writing style is as per the international audience. The structure of the journal is an introduction, discussion, results and conclusions. The readers must find the separation with the subheadings and get attracted to the subject. In the process of the international journal, peer-review happens. There must be a data availability statement in the shared data, and research. Data repository is for saving the data related to research. Fair data sharing helps for understanding the journal by the global audience. Eight thousand words are the word limit for the international journal. As with the word count limitation, there is a limit for the figures and files in the journal.
The English language used goes to a global audience. The quality of the English language is a point that communicates precise meanings.
In the reference section, the other reference journals and books were listed. The subjects with international exposure are stock exchange, banking, risk management, cost control strategies, business economics and accounting.
How to write an ICAI journal?
Some of the topics suggested by ICAI are as follows: a simplification of human resource process, human resource accounting, international taxation, water audit, government accounting and integrated reporting. As per the guidelines of the ICAI, the journal should have originality, relevance, topicality, practicality, innovation, interest, clarity, data accuracy and technical soundness. The word count is lesser than the international journal. And it is 2500 to 3000 count. The member of ICAI possess the email id of ICAI, and it has to be used for the submission of the article. The declaration about the originality of the article must be enclosed to avoid plagiarism concerns. The president of the institute and his team review the article and suggest changes if required. If the expert team is satisfied with the journal, then it goes for publication.
Final words:
The ICAI doctoral scholarship scheme 2021 is introduced to the CA students in the year 2020. The first award goes to five students in the year 2021. The sense of yearning is deep as it is the first time. It is to honour the subject knowledge of the students. Chartered accountants help for framing the precise business policies, and their knowledge should help for the government frameworks and policies. The research is the path that takes the skills of chartered accountants to the next level. Interested candidates must do the PhD registration and pursue the work required in their respective subjects. Sufficient information on a subject leads to the experiment of the subject. ICAI students must select the topic which impresses the knowledgeable reader. The case study papers, empirical papers, theory papers and methodology papers help for acquiring the information. These pieces of information initiate the experiment with the subject. Date extended for ICAI doctoral scholarship scheme 2020, and it is to engage more students in the research activity. As the title is with a limit of five numbers, the members of ICAI have heavy competition for getting this title. So, it helps for understanding the professional knowledge of a chartered accountant in the respective subject.