Recognition of ca in malaysia.
Ashish Agrawal (Student) (25 Points)
16 February 2016Ashish Agrawal (Student) (25 Points)
16 February 2016
Prashant Rajput
(An insatiable Learner)
(889 Points)
Replied 17 February 2016
1.First things first, Each country has It's own skills demands.For instance, There is a strong demand for specialisation in Corporate Governance, Internal Audit and Regulatory Control in Singapore.
In Australia, Self Managed super Fund(SMSF)/Superannuation, SME sector,Payroll are in demand. Go for jobs in Planning, Budgeting and Forecasting or Consolidation or Reconciliation.No scope for taxation.
In Canada,Financial Strategy development, Financial info. analysis,environmental safety assessment, Computer system Audit and corporate restructuring. When PM Modi went to Canada,Their PM asked for finance professional
and financial services.
IMHO,don't go for compliance work like taxation work abroad or investment banking. It's already stiff competition over there.You can also go for Fund accounting, Investment accounting.
2.No.Fresher CA has no value in Malaysia or Singapore for that matter. Their govts has issued a circular instructing Companies to hire their natives first then go for expats.But having experience of more than atleast 5-7yrs will help.
3.Don't worry about take home pay,focus on the profile and Industry related experience.
4.Yes,only another Professional qualification is going to be useful.The thing is India is an underdeveloped country. Developed countries don't accord value to South Asian Qualification.US CPA,UK ICAEW has got value.Indian CA has value where Accounting Body is absent or fledgling like the gulf and African continent.In Canada US CPA is valued less because they promote their Canadian CPA(Chartered Professional accountant).See they have Changed CPA full form to distinguish it from US CPA.
5.Go for portals of immigration where hot skills are listed.you'll know what's required in that country's labour market.
6.I also want to move abroad after becoming CA.As a fresher,I would like Gulf(only Qatar,Kuwait and UAE),Ireland,England, New Zealand and immigrant's favourite Canada.
So whichever country you decide to put down roots in,go for it's qualification.I like Ireland and Canadian CPA.Don't seek exemptions based on Indian CA,appear for all the papers from scratch.
7.Cost of living is highest in Singapore. Qatar is less costly than UAE.
I also intend to move abroad so I keep exploring.
Ashish Agrawal
(Student)
(25 Points)
Replied 17 February 2016
Sathish M
(Management Accountant)
(40581 Points)
Replied 18 February 2016
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training