Indian CA's can look forward to practice in Australia and UK as ICAI is in the process fof sighing agreements with its counterparts for mutual recognition of each others course.
As per ICAI president Ved Jain there is a possibility to sign MRA(Mutual Recognition Agreeements) with Australia and England.
Similar Agreements are also in process with Singapore and canada.
This will help the CA fraternity of elite finance professionals to get jobs in other countries.
However there will be required to clear a few exam papers which will help them to familiarise with the corporate law of the land.
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