Welcoming the transfer, the Institute of Chartered Accountants of India mentioned that it’ll not solely assist CAs pursue increased research however can even facilitate their mobility globally
New Delhi: Candidates who qualify for the Chartered Accountant (CA), Firm Secretary (CS) or Price and Works Accountant (ICWA) exams will now be handled equal to postgraduate diploma holders, in keeping with the College Grants Fee (UGC).
“The UGC had acquired requests from the Institute of Chartered Accountants of India (ICAI), the Institute of Firm Secretaries of India (ICSI) and the Institute of Price Accountants of India, to contemplate the qualification being awarded by them — CA, CS and ICWA, equal to post-graduation levels,” the UGC mentioned in an official order.
“To think about this, a committee was constituted by the UGC. The fee thought of suggestion of the knowledgeable committee and resolved that CA, CS and ICWA qualification be thought of equal to PG levels,” it added.
Welcoming the transfer, the ICAI tweeted, “The College Grants Fee @ugc_india has resolved that CA Qualification shall be handled equal to PG Diploma based mostly on requests submitted from @theicai. This won’t solely assist CAs for pursuing increased research however can even facilitate the mobility of Indian CAs globally”.
The College Grants Fee @ugc_india has resolved that CA Qualification shall be handled equal to PG Diploma based mostly on requests submitted from @theicai. This won’t solely assist CA’s for pursuing increased research however can even facilitate the mobility of Indian CAs globally pic.twitter.com/rYKvCVOD1t
— Institute of Chartered Accountants of India – ICAI (@theicai) March 15, 2021
The ICSI mentioned the transfer will leverage the career throughout the globe.
“This recognition will leverage the corporate secretary career throughout the globe, giving the members of the institute a possibility to pursue PhD in Commerce and Allied Disciplines,” it mentioned in a launch.
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