Miles Education – Blog

CA, CS, ICWA Qualifications will be Treated as PG Degree Equivalence

Reading Time: 2 minutes
CA Qualification

The issue of the grant will support :

  • CA/CS/ ICWAs with 60 transfer credits

  • Eligibility to apply for US certifications like CPA

  • A heads up to global mobility

  • Opportunity to pursue Ph.D. in commerce and allied disciplines

March 5 2021 is a red-letter day for the students who qualify for the Chartered Accountant (CA), Company Secretary (CS), or Cost and Works Accountant (ICWA), as UGC grants the commission to consider ICAI approved certifications to be treated as equivalent to postgraduate degree.

Twitter accounts are flooded with greetings for CAs who waited decades to experience the change. As 30% of Miles CPA alumni are CAs, we congratulate this other arm of the Miles family on their new upgrade!

The announcement has opened a window of opportunities for CA/CS/ ICWAs. Further, to speak about benefits, the PG certificate will be recognized as a merit to the academics portfolio. ICSI has also announced that they are about to revise the existing course content to keep pace with the changing dynamics of the global governance framework.

From now on practicing CAs will be considered as company secretary degree holders and will get an opportunity to Ph.D. in commerce and allied disciplines. This certainly is a moment of pride for the CA/CS/ ICWAs to receive the grant, as it will facilitate new prospects in India and abroad.

US CPA has always been a certification of choice for the CAs, working at Big 4 USIs to get proficiency in IFRS & US GAAP, and the new update has a great advantage for only CAs as they are eligible for the US CPA exams.

In the total count of 120 credits, now CAs will earn 60 credit scores straight away without any hassle. Plus, US CPAs are more likely to obtain Canadian and Australian CPA designations with no additional exams, the only iteration is to transfer the accounting credits to their standards, as AICPA shares a direct MRA with Canada & Australia.

Big 4, MNCs, and CPA accounting firms have CPAs at their A-list in monitoring their finance processes. Where they are in search of quality accountants, CA & CPA will make a strong combination and an irreplaceable asset to the organization. As we are looking forward to making India the Global accounting- hub, today we have already taken a step forward in adopting new possibilities, and are looking forward to the next big change.

0
0

Leave a Comment

Your email address will not be published. Required fields are marked *

Most Popular

Categories

Contact Us

Earn your CPA in 2024

Featured Blogs

Leave a Comment

Your email address will not be published. Required fields are marked *

Featured Post

Adapting to US...

Introduction:  In today's globalized economy, Indian accountants are increasingly finding...

22 Sep 23

Read more

accounting career in USA

Networking and Building...

IntroductionEvery Indian accountant dreams of working in the USA for...

21 Sep 23

Read more

Accountant Salary in USA 2023-2024

Accountant Salary in...

Introduction Accountant salary in the USA is a topic of...

20 Sep 23

Read more

Accounting jobs in the USA

Grab your dream...

Top US Accounting Firms Looking for the Right Talent!The shortage...

19 Sep 23

Read more

accounting career in USA

Job prospects for...

Introduction The United States has long been a land of...

15 Sep 23

Read more

jobs for accountants in the USA

Mapping Your Accounting...

A career in accounting is a journey filled with opportunities,...

15 Sep 23

Read more

Accountant Jobs in USA

Accountant Jobs in...

IntroductionIn today's ever-evolving economic landscape, a career in accounting holds...

13 Sep 23

Read more

accounting jobs in the USA

Miles Placement Drive...

The Significance of Placement Drives for Accountants: When aspiring to...

12 Sep 23

Read more

Accounting Course

Secrets To Success...

Introduction Embarking on a journey to excel in your accounting...

8 Sep 23

Read more

accounting jobs in the united states of america

How Industry Connections...

The Power of Industry Connections:In today's competitive job market, it...

7 Sep 23

Read more

Related Posts

Related Posts

Most Popular

Contact Us

Earn your CPA in 2024