Mutual Recognition Agreement with the Institute of Certified Public Accountants in Ireland (CPA Ireland)

The Institute of Chartered Accountants of India (ICAI) and the Institute of Certified Public Accountants In Ireland (CPA Ireland) has signed the Mutual Recognition Agreement, leading the Membership Pathway Arrangements, which would facilitate mutually recognizing the Qualification of each other’s and admit the Members in good standing by prescribing a bridging mechanism between the two Institutes.On 18th July 2018, Union Cabinet of India, chaired by Hon’ble Prime Minister of India, Shri Narendra Modi, approved the proposed MRA. ICAI and CPA Ireland share common and strong interests in the advancement of the profession of accountancy, especially in relation to the maintenance and strengthening of professional and educational standards in all sectors, as well the internationalisation of the profession.Recognising that global portability is becoming increasingly important for professional accountants around the world, and that the development of quality content will be increasingly important to Members in the future, ICAI and CPA Ireland wish to jointly undertake a range of activities and initiatives on the terms set out in this Agreement.The MRA does not provide the members of ICAI and CPA Ireland any rights to:Conduct Public Accounting Services;Sign Audited Financial Statements; orAct as a Tax Agent

Eligibility Criteria for the Members of ICAI to become the Member of CPA Ireland Eligibility Criteria for the Members of CPA Ireland to become the Member of ICAI