Tuesday, March 16, 2021

UGC: CA, CS, ICWA now equivalent to PG degrees

UGC: CA, CS, ICWA now equivalent to PG degrees

TIMES NEWS NETWORK

New Delhi:16.03.2021 

Candidates qualifying the Chartered Accountant (CA), Company Secretary (CS) or Cost and Works Accountant (ICWA) exams will now be treated quivalentto postgraduate degree holders.

University Grants Commission in an office order issued on Monday said: “UGC had received requests from Institute of Chartered Accountants of India (ICAI), the Institute of Company Secretaries of India (ICSI) and the Institute of Cost Accountants of India, to consider the qualification being awarded by them--CA, CS and ICWA, equivalent to post-graduation degrees,” UGC said in an official order.

“To consider this a committee was constituted by UGC.The commission considered recommendation of the expert committee and resolved that CA, CS and ICWA qualification be consideredequivalent to PGdegrees,” it added.

Following the order,ICAItweeted, “the University Grants Commission @ugc_india has resolved that CA Qualification will be treated equivalent to PG Degree based on requests submitted from @theicai. This will not only help CA’s for pursuing higher studies but will also facilitate the mobility of Indian CAs globally”.

Full report on www.toi.in

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