Government of India has approved the signing of Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and The Institute of Chartered Accountants in England & Wales (ICAEW).
The MoU will provide recognition of the qualification, training of each other’s members and admit the members in good standing by prescribing a bridging mechanism on the prevailing terms and conditions.
Both the Parties to this MoU will provide each other with the information on material changes to their qualifying/admission requirements, CPD policy, exemptions and any other relevant matters.
ICAI collaboration with ICAEW will bring a lot of professional opportunities for Indian Chartered Accountants (CAs) in UK and also for Indian CAs who are looking for the global professional opportunities in UK.
