Career in UK
This query is : Resolved
29 April 2008
Is Indian CA recognized in UK? Will it be beneficial to pursue any of the courses in UK ?If so which one ICASW,ACCA or CIMA or any other course. As I wish to make a career in Internal Audit in UK.
27 March 2010
The issues of opening up of accountancy services in India and recognition to Indian accountancy professionals in the UK are likely to get a push at the forthcoming India-UK talks on Corporate Governance. The key issue will be the reciprocal recognition to the members of the Institute of Chartered Accountants of India (ICAI) and its British counterpart.
Only if the Institute of Chartered Accountants in England and Wales and the UK’s Professional Oversight Board grant recognition to ICAI’s members, can Indian CAs practice statutory audit work in the UK.
Only if the Institute of Chartered Accountants in England and Wales and the UK’s Professional Oversight Board grant recognition to ICAI’s members, can Indian CAs practice statutory audit work in the UK.
Message likes :
1 times
27 March 2010
Another related issue that is being pursued is permission to Indian audit firms to sign audit reports using their internationally-recognised names and recognition of India’s Quality Review Board on audits by the European Union.
Message likes :
1 times
27 March 2010
Visa norms :- India also wants relaxation of visa and work permit norms in the UK. This is to facilitate more Indians to undergo training in the UK and clear their professional accountancy qualification exams. Incidentally, the UK had given its backing to accounting technicians course in India.
An 8-10-member team comprising the Corporate Affairs Ministry Secretary, Mr R. Bandyopadhyay; the Officer on Special Duty at the Indian Institute of Corporate Affairs, Mr Jitesh Khosla; and members of ICAI, the Institute of Company Secretaries of India and the Institute of Cost and Works Accountants of India left for London on Tuesday.
Also, among the issues to be taken up by the India-UK Task Force on Corporate Governanceare practical difficulties in implementing the globally acknowledged accounting norms known as the International Financial Reporting Standards.
Besides, a joint research project on ‘Corporate Social Responsibility as a business strategy’ as well as discussions on Limited Liability Partnership and shareholder activism would form part of the task force meeting.
The Indian delegation would also hold talks with the UK’s Department for Business, Enterprise and Regulatory Reform.
The Joint Task Force was set up in 2006 to look into areas of mutual cooperation in corporate governance and regulation.
The discussions will also focus on insolvency practice as well as forging ties with each others’ regulators.
Read more: https://www.taxguru.in/chartered-accountant/india-uk-will-discuss-recognition-to-icais-members-by-icaew-and-relaxation-in-visa-norms.html#ixzz0jO2aqFAZ
An 8-10-member team comprising the Corporate Affairs Ministry Secretary, Mr R. Bandyopadhyay; the Officer on Special Duty at the Indian Institute of Corporate Affairs, Mr Jitesh Khosla; and members of ICAI, the Institute of Company Secretaries of India and the Institute of Cost and Works Accountants of India left for London on Tuesday.
Also, among the issues to be taken up by the India-UK Task Force on Corporate Governanceare practical difficulties in implementing the globally acknowledged accounting norms known as the International Financial Reporting Standards.
Besides, a joint research project on ‘Corporate Social Responsibility as a business strategy’ as well as discussions on Limited Liability Partnership and shareholder activism would form part of the task force meeting.
The Indian delegation would also hold talks with the UK’s Department for Business, Enterprise and Regulatory Reform.
The Joint Task Force was set up in 2006 to look into areas of mutual cooperation in corporate governance and regulation.
The discussions will also focus on insolvency practice as well as forging ties with each others’ regulators.
Read more: https://www.taxguru.in/chartered-accountant/india-uk-will-discuss-recognition-to-icais-members-by-icaew-and-relaxation-in-visa-norms.html#ixzz0jO2aqFAZ
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR returnFY25-26
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Query regarding TDS on EPFO Higher Pension Arrears*
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
