Special Examination for Members of Foreign Accounting Bodies

 

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Please find the text of the Special Examination for Members of Foreign Accounting Bodies with whom the ICAI had entered into Mutual Recognition Agreement (MRA) / Memorandum of Understanding (MoU) notification below –

NON-ACADEMIC ICAI UPDATE (NOT RELEVANT FOR EXAMS BUT FOR GENERAL AWARENESS)

ICSpecial Examination for Members of Foreign Accounting Bodies with whom the ICAI had entered into Mutual Recognition Agreement (MRA) / Memorandum of Understanding (MoU)

NOTE FOR INFORMATION AND GUIDANCE OF APPLICANTS
Last Date: 23rd February 2022
Candidates are advised to carefully read, understand and follow the instructions while filling in the form and retaining a copy of the same for future reference. Candidates are also requested to go through the Announcement relating to Special Examinations for candidates under the Mutual Recognition Agreement (MRAs) / Memorandum of Understanding (MoU) with Foreign Accounting bodies.
(1)Dates of Examination13th, 14th, 15th, 16th & 17th June 2022
(2)Timings of Examination2.00 P.M. ? 5.00 P.M. (IST)
with reading time (for question paper) of 15 Minutes
(3)Filling up of Admit CardCandidates are required to fill in the relevant columns in the Admit
Card and submit the same to the Examinations Department along with
the examination form.
(4)Examination CentreNoida (Uttar Pradesh) (INDIA)
(5)Examination FeesThe Examination Fees paid by a Candidate shall not be refunded /
adjusted under any circumstances. Candidates who are applying for the
second time and onward are required to remit the Examination Fees
again.
(6)Last date for receipt of
application at the
Institute?s Headquarters
at New Delhi
23rd February, 2022
(Application received after 23rd February, 2022 will not be entertained
under any circumstances. Therefore, candidates sending their
application by post must send the same at least 3-4 days in advance of
the last date and avoid sending it on the last date for receipt of
application forms).
(7)How the application form
should reach the
Institute?
The application form be sent by Speed Post / Registered Post only in
the special envelope attached to the Examination Form to the
Additional Secretary (Exams.), The Institute of Chartered
Accountants of India, ?ICAI Bhawan?, Indraprastha Marg, New
Delhi ? 110 002.
? Candidates are advised to retain the receipt issued by Post
Office till the receipt of Admit Card.
? Candidates are advised not to send the application through
private courier.
? Candidates should not submit/send the application form to
regional/branch offices of the Institute.
(8)Admission to the Special
Examination for
Members of Foreign
Accounting Bodies with
whom the ICAI had
entered into Mutual
Recognition Agreement
(MRA) / Memorandum
of Understanding
(MoU)
No candidate shall be admitted to the Special Examination for Members
of Foreign Accounting Bodies with whom the ICAI had entered into
MRA / MOU unless he/she has been registered with the ICAI and has
been issued the registration letter.
(9)Subjects to be cleared by
Members of Foreign
Accounting Bodies with
whom the ICAI had
entered into Mutual
Recognition Agreement
(MRA) / Memorandum
of Understanding (MoU)
(a) CPA Australia Members are required to pass the following
subjects:
(i) Corporate & Allied Laws
(ii) Taxation
(iii) Advanced Auditing and Professional Ethics*
(iv) Financial Reporting**
* Not applicable if they had studied Assurance Services & Auditing
(Pre 2010) or Advance Auditing and Assurance (Post 2010) in CPA
Program.
** Not applicable if they had studied Financial Reporting & Disclosure
(Pre 2010) or Financial Reporting (post 2010) in CPA Program.
(b) CPA ? Ireland Members are required to pass the following
subjects:
(i) Corporate and Allied Laws
(ii) Direct and Indirect Taxes
(iii) Strategic Financial Management*
(iv) Advanced Auditing & Professional Ethics**
* Not applicable if they had studied Strategic Corporate Finance as an
elective in CPA examinations.
** Not applicable if they had studied Audit Practice & Assurance
Services in CPA examinations.
(c) CPA – Canadian Members are required to pass the following
subjects:
(i) Corporate and Allied Laws
(ii) Taxation
(d) SAICA Members are required to pass the following subjects:
(i) Company Law
(ii) Taxation
(ii) Information Systems Control And Audit
(e) ICAEW Members are required to pass the following subjects:
(i) Auditing and Assurance
(ii) Law, Ethics and Communication
(iii) Information Technology and Strategic Management
(iv) Direct Tax Laws and
(v) Indirect Tax Laws
(f) ICAN Members are the required to pass following subjects:
(i) Corporate Laws and Other Economic Laws
(ii) Direct Tax Laws and International Taxation
(iii) Advanced Indirect Tax Laws
(g) MICPA Members are required to pass the following subjects:
(i) Corporate and Allied Laws
(ii) Taxation
(h) CAANZ Members are required to pass the following subjects:
(i) Indian Law
(ii) Taxation
(iii) Ethics

Official Link of Special Examination for Members of Foreign Accounting Bodies with whom the ICAI had entered into Mutual Recognition Agreement (MRA) / Memorandum of Understanding (MoU) can be accessed from below –

https://resource.cdn.icai.org/69098exam55241.pdf

That’s all for now. Stay Connected for more authentic updates.

Jai Hind, Vande Mataram
Team CA Study

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