Acca and ca
This query is : Resolved
08 December 2012
If a person first does ACCA from London. then what he will have to do to get CA Degree in India???
Please revert dear experts.
Please revert dear experts.
11 December 2012
Dear Experts, please revert on above.
14 July 2024
To obtain a CA degree in India after completing ACCA (Association of Chartered Certified Accountants) from London, here are the steps typically required:
### 1. Membership with ICAI (Institute of Chartered Accountants of India)
ICAI is the statutory body responsible for regulating the profession of Chartered Accountancy in India. To become a Chartered Accountant (CA) in India, you need to become a member of ICAI.
### 2. Eligibility Criteria
- **Educational Qualification**: You must meet the educational requirements set by ICAI. For ACCA holders, typically a degree from a recognized university (equivalent to Indian bachelor's degree) is required.
- **Exemption from IPCC**: ACCA qualified individuals may be eligible for exemptions from certain papers in the Integrated Professional Competence Course (IPCC) of ICAI. This is subject to ICAI's recognition of ACCA qualifications and policies at the time of application.
### 3. Steps to Become a CA in India
- **Register with ICAI**: Apply for registration with ICAI as a student member.
- **Pass IPCC**: If applicable, clear the remaining papers of IPCC (now known as Intermediate Course) if not exempted.
- **Practical Training**: Complete 3 years of practical training under a practicing Chartered Accountant or in an approved organization. This is called Articleship and is mandatory for CA qualification.
- **Pass CA Final**: After completing the practical training, appear for and pass the CA Final examination conducted by ICAI.
- **Membership**: Upon passing the CA Final and fulfilling all other requirements, enroll as a member of ICAI and obtain the CA designation.
### Key Considerations:
- **Recognition of ACCA Qualification**: ICAI periodically reviews and updates its policies regarding exemptions and recognition of foreign qualifications, including ACCA. It's essential to check with ICAI for the latest rules and procedures.
- **Transfer of Credits**: Depending on your ACCA qualifications and specific exemptions granted by ICAI, you may be able to streamline your path to becoming a CA in India.
### Conclusion:
Becoming a Chartered Accountant in India involves fulfilling specific educational, examination, and practical training requirements set by ICAI. ACCA holders have a pathway to obtain CA qualification in India, but it's important to adhere to ICAI's guidelines and procedures, including any updates or changes in recognition of foreign qualifications.
For precise guidance tailored to your situation, I recommend contacting ICAI directly or consulting with a qualified advisor who can provide up-to-date information and assist you through the process.
### 1. Membership with ICAI (Institute of Chartered Accountants of India)
ICAI is the statutory body responsible for regulating the profession of Chartered Accountancy in India. To become a Chartered Accountant (CA) in India, you need to become a member of ICAI.
### 2. Eligibility Criteria
- **Educational Qualification**: You must meet the educational requirements set by ICAI. For ACCA holders, typically a degree from a recognized university (equivalent to Indian bachelor's degree) is required.
- **Exemption from IPCC**: ACCA qualified individuals may be eligible for exemptions from certain papers in the Integrated Professional Competence Course (IPCC) of ICAI. This is subject to ICAI's recognition of ACCA qualifications and policies at the time of application.
### 3. Steps to Become a CA in India
- **Register with ICAI**: Apply for registration with ICAI as a student member.
- **Pass IPCC**: If applicable, clear the remaining papers of IPCC (now known as Intermediate Course) if not exempted.
- **Practical Training**: Complete 3 years of practical training under a practicing Chartered Accountant or in an approved organization. This is called Articleship and is mandatory for CA qualification.
- **Pass CA Final**: After completing the practical training, appear for and pass the CA Final examination conducted by ICAI.
- **Membership**: Upon passing the CA Final and fulfilling all other requirements, enroll as a member of ICAI and obtain the CA designation.
### Key Considerations:
- **Recognition of ACCA Qualification**: ICAI periodically reviews and updates its policies regarding exemptions and recognition of foreign qualifications, including ACCA. It's essential to check with ICAI for the latest rules and procedures.
- **Transfer of Credits**: Depending on your ACCA qualifications and specific exemptions granted by ICAI, you may be able to streamline your path to becoming a CA in India.
### Conclusion:
Becoming a Chartered Accountant in India involves fulfilling specific educational, examination, and practical training requirements set by ICAI. ACCA holders have a pathway to obtain CA qualification in India, but it's important to adhere to ICAI's guidelines and procedures, including any updates or changes in recognition of foreign qualifications.
For precise guidance tailored to your situation, I recommend contacting ICAI directly or consulting with a qualified advisor who can provide up-to-date information and assist you through the process.
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