Education

UGC Grants Postgraduate Degree Status to CA, CS, ICWA Qualifications

UGC Grants Postgraduate Degree Status to CA, CS, ICWA Qualifications
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UGC Grants Postgraduate Degree Status to CA, CS, ICWA Qualifications

UGC Grants Postgraduate Degree Status to CA, CS, ICWA Qualifications

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New Delhi: The College Grants Fee (UGC) has granted postgraduate stage diploma standing to three skilled commerce and accounting programs — CA, CS and ICWA. The choice has been made on request of the three skilled our bodies working these programs. “This is not going to solely assist Chartered Accountants for pursuing increased research, however can even facilitate the mobility of Indian CAs globally,” the institute stated. Additionally Learn – ICSI CS End result 2021 For Govt Programme To Be Out Shortly, Examine Particulars Right here

The chartered accountancy (CA) course is run by the Institute of Chartered Accountants of India (ICAI); the corporate secretaryship (CS) course is obtainable by the Institute of Firm Secretaries of India (ICSI); and the price and work accountancy (ICWA) one by the Institute of Price and Works Accountants of India (ICWAI). Additionally Learn – OPSC Recruitment 2021: Apply For 504 Assistant Professor Posts Earlier than March 14 | Particulars Right here

As per an announcement by the ICAI, the UGC has resolved that CA qualification will likely be handled equal to PG diploma primarily based on requests submitted from the ICAI. “This is not going to solely assist CA’s pursue increased research however can even facilitate the mobility of Indian CAs globally,” stated a submit on its official Twitter account.

The ICAI is a statutory physique established by an Act of Parliament – the Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949) – for regulating the occupation of Chartered Accountancy within the nation. Presently, the council has over 3 lakh members related to it.

ICAI is answerable for sustaining the best requirements in CA schooling. To contemplate the request made by the ICAI, the UGC had fashioned a committee that submitted its report in February this yr. Based mostly on that report, the UGC accorded PG diploma stage standing to CA, CS and ICWA.

A scholar who needs to enter the occupation of Chartered Accountancy, has to enroll for Basis Course supplied by the Institute after showing in Class 12 examination held by a acknowledged schooling board in India.

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