Veranda Learning Solutions, recently has signed a Memorandum of Understanding (MoU) with the National Skill Development Corporation (NSDC) and the UK-based Institute of Accountants and Bookkeepers (IAB). The partnership will introduce the Certified International Accounting Professional (CIAP) programme in India, targeting commerce students seeking globally recognised credentials in accounting and bookkeeping.
With the Outsourced Accounting Services (OAS) sector booming and the Finance and Accounting Business Process Outsourcing (F&A BPO) market projected to reach $134.65 billion by 2032, the program claims to prepare students for high-demand, lucrative careers.
The programme is designed for six-months that aims to bridge the skills gap in the finance and accounting sectors, preparing students to thrive in this expanding market. It offers job-ready skills aligned with international standards.
Veranda Learning as an implementation partner provides state-of-the-art training infrastructure and comprehensive student support. NSDC ensures accessibility by connecting students with financial partners offering affordable loans, thereby fostering inclusive participation.
Mr. Suresh Kalpathi, Executive Director and Chairman, Veranda Learning, said, “By uniting Veranda’s educational expertise, NSDC’s national reach and IAB’s global credibility, the CIAP program equips students with the skills and exposure needed to succeed in high-growth industries.”
As India continues to attract international businesses and expand its outsourcing capabilities, the CIAP program claims to empower the next generation of accounting professionals with skills that align with evolving industry demands.
Ved Mani Tiwari, CEO and Managing Director, NSDC International, stated, “The CIAP program addresses the skills gap in India’s accounting and finance sectors, empowering students with globally recognised qualifications. This initiative aligns with our mission to equip India’s youth with the skills needed to excel in the global market.”
Sarah Palmer, CEO, IAB, highlighted the collaboration’s global impact. She said, “This partnership underscores our commitment to providing high-quality qualifications that meet the growing global demand for skilled finance and accounting professionals.”