ICAI members can have Chartered Accountants Australia & New Zealand membership

Chartered accountants' apex body ICAI today said it has entered into an arrangement with Chartered Accountants Australia & New Zealand whereby its members based in the two countries would be able to have membership of CA ANZ.

The Institute of Chartered Accountants of India (ICAI) has entered into a unilateral arrangement 'Pilot International Pathway Scheme' with Chartered Accountants Australia & New Zealand (CA ANZ).

"The said pathway programme is in addition to the proposed memorandum of understanding, which is before the government for approval," the ICAI said in a release.

The institute has around 1,500 members in Australia and New Zealand. It also has three overseas chapters in Australia and one in New Zealand.

According to the institute, the scheme would aid India's focus for facilitating export of accountancy services and promotion of global mobility of accountancy services in digital world.

"The scheme would increase the professional avenues for our members in Australia and New Zealand by facilitating recognition of Indian accountancy professionals with local accountancy qualification in addition to existing ICAI qualification," the release said.

ICAI members based in Australia and New Zealand would get the membership of CA ANZ "by completing 40 hours of self-study programme and attending a two days workshop in less than one month's time".

The participants shall be evaluated through oral and written assessments during the workshop.