Monday, 30 March 2015

Institute of Chartered Accountants India

In February 2009 the Institute of Chartered Accountants India (ICAI) and CPA Australia entered into a mutual recognition agreement (MRA) to further develop the relationship between the two bodies and establish guidelines on how qualified members can gain reciprocal membership.

accounting outsourcing companies

This collaboration and mutual endorsement was symbolically strengthened with the re-signing of the MRA in September 2014, indicating a commitment to support and assist those ICAI members who want local recognition and representation in Australia and Asia.

Becoming a CPA gives ICAI members the opportunity to promote their technical expertise through an association that is well recognised throughout Australia and the Asian region.

Step 1: Determine eligibility

CPA Australia accepts membership applications from around the globe. If you are a full Associate member of ICAI, you are eligible to apply for CPA Australia Associate membership if you:

  • are a member of good standing and not currently subject to any disciplinary sanctions or investigations
  • did not gain entry through another mutual recognition agreement
  • have successfully completed:
  • the ICAI exams
  • the ICAI practical experience requirements

  • hold a university degree recognised by the Australian Education International – National Office of Overseas Skills Recognition as being at least equivalent to Australian bachelor degree level. This will be determined during the assessment of your application

  • have at least five years' work experience in professional accounting
Step 2: Complete application

Complete the application form (PDF) and submit it with the following:

assessment fee and membership fee
certified true copies of 100 points of identification (see application form for points values)
an original, or certified, copy of a letter of good standing from ICAI that contains:
the date you joined ICAI
the date you achieved your current member status
the date your membership fees are paid until
confirmation that you are not a member of ICAI through another MRA
certified true copies of university academic award (degree certificate) and official transcripts (marksheets) or workplace testimonials
certified true copy of an official transcript from ICAI
certified true copies of university academic awards and official transcripts or mark sheets or workplace testimonials
certified true copies of change of name documentation (if applicable)
Step 3: Submit application

Send your application with certified true copies of your documents to or mail them to:

CPA Australia
Member Services
GPO Box 2820

Alternatively, you can mail your application to your nearest CPA Australia office.

Step 4: Processing of application

Your application will take approximately 10 to 15 working days to process. If there are any queries about your application, a CPA Australia employee will contact you.

If your application is successful, an email will be sent to you informing you of your success. A welcome pack will follow by post.

If your application is unsuccessful, an email will be sent to you outlining the reasons why. We will provide advice about how you can meet CPA Australia's membership requirements.

Step 5: Advance to CPA status

Once you become an ASA member of CPA Australia you must complete the following study units within two years:

  • CPD063 – Better Practice in Governance and Accountability
  • CPA117 – Global Strategy and Leadership
An enrolment form for these study units will be sent to you when your application for membership is approved, or you can download it from this page. Upon successful completion of both courses, you will automatically advance to CPA status. You will receive a CPA certificate and will then be eligible to use the CPA designation
This is news is reprinted from site


Post a Comment