Initiatives
A Capacity Building Initiative of the Members in Practice Committee (MPC) & Members in Industry & Business Committee (MIBC), ICAI
About the Initiative-
Transforming Chartered Accountants into Industry Specialists
Today's business environment expects Chartered Accountants to possess far more than technical excellence. Organisations increasingly seek professionals who understand industry dynamics, business models, regulatory ecosystems, operational processes and strategic decision-making.
Recognising this evolving expectation, the Members in Practice Committee (MPC) and the Members in Industry & Business Committee (MIBC) have jointly launched the Xplore Series a first-of-its-kind industry domain learning initiative designed exclusively for Chartered Accountants.
The programmes combine industry knowledge with finance, audit, taxation, compliance, risk management, advisory and business strategy, enabling participants to understand how businesses actually operate within specific sectors.
Whether serving clients in practice or driving finance functions within organisations, members gain the sectoral insights necessary to create greater professional value.
Why Domain Knowledge Matters
Technical expertise alone is no longer sufficient.
Today's Chartered Accountant is expected to:
✔ Understand business models
✔ Speak the language of industry
✔ Interpret financial information in business context
✔ Identify sector-specific risks
✔ Deliver meaningful advisory solutions
✔ Support strategic decision-making
The Xplore Series enables members to precisely develop these capabilities.
Who Should Participate?
The programmes are designed for:
- Chartered Accountants in Practice
- Chartered Accountants in Industry
- Newly Qualified Chartered Accountants
- Internal Auditors
- Consultants
- CFO Office Professionals
- Finance Leaders
- Members seeking sector specialisation
- Professionals aspiring to build niche consulting practices
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Benefits for Members in Practice Members in practice can leverage industry-specific knowledge to: • Deliver higher-value audit and assurance services • Build specialised consulting practices • Improve understanding of client businesses • Identify emerging advisory opportunities • Strengthen internal audit and risk advisory capabilities • Enhance credibility with industry clients • Develop sector-focused professional expertise • Expand into niche consulting assignments |
Benefits for Members in Industry Members working in industry can: • Understand the complete business ecosystem • Connect finance with operational decision-making • Improve commercial and strategic understanding • Enhance business partnering capabilities • Strengthen financial planning and analytical skills • Understand sector-specific regulations and risks • Prepare for leadership roles • Accelerate professional growth through domain expertise |
Current Programme-
PharmaXplore
Decoding the Pharmaceutical Industry for Chartered Accountants
Gain comprehensive insights into one of India's most dynamic and globally competitive industries, covering:
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Programme Mode |
Online/virtual mode |
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Duration & Learning Hours |
8 Days (24 Learning Hours), each day three hours |
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Programme Fee |
₹ 1000 + GST |
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CPE |
Non CPE event |
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Who Should Attend? |
Chartered Accountants in practice and industry, newly qualified CAs, members serving pharmaceutical clients, internal auditors, consultants and professionals interested in building expertise in the pharmaceutical sector. |
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Dates |
18 & 25 July 2026, |
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Time |
3:00 PM – 6:00 PM |
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Programme Focus |
Pharmaceutical business models, regulatory framework, value chain, research & development economics, manufacturing, quality systems, financial reporting, costing, internal controls, taxation, audit, assurance, advisory, ESG, career and practice opportunities. |
Coming Soon-
FMCGXplore
Decoding the FMCG Industry for Chartered Accountants
Understand India’s fast-moving consumer goods sector—from consumer behaviour and distribution to finance, controls, audit and business advisory.
TelecomXplore
Decoding the Telecommunications Industry for Chartered Accountants
Explore India’s digital infrastructure ecosystem covering telecom business models, spectrum economics, revenue assurance, regulatory finance, audit and strategic advisory.