Thursday 22 May 2014

CS CA CWA RECOGNITION ISSUE IN USA

CS CA CWA  RECOGNITION ISSUE IN USA

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Dear All,

Apologies for reaching out to a big audience but I sincerely hope that
I can get answers to my questions related to acceptability of CA in
USA and other countries. These questions may not affect you but it
will be useful for your knowledge and for any current or future
members looking for career or education opportunities in USA. I am a
C.A, C.W.A, B.Com and have been working in USA for last 7 years.

Issues:
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1. Most of the MBA colleges in USA do not recognize the CA course as a
valid education. I have heard of cases earlier when the CA
certification was not equated to Masters Degree, but it being totally
disregarded as any kind of education is frustrating. Most of the MBA
colleges I have approached are looking at the just my Bachelors degree
(B.Com) which is a 3 years degree. I can not apply for MBA since the
minimum education requirement is a 4 years bachelors degree.

2. USCIS (U.S Citizenship and Immigration Services) doesn't consider
CA as valid education resulting in denial of lots of Immigration
cases. The reason cited is the same - a Chartered Accountant
certification is not equivalent to College education. They don't even
consider the 3 year articleship period. A Bachelor's Degree is 4 years
of college education so all 3 year bachelor degree holders (like
B.Com) do not meet their requirements.

Questions:
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1. Does UGC/AICTE/AIU recognize Chartered Accountancy as a Masters or
Bachelors Degree? Is there any written document which can be shared
with the Universities and USCIS in USA?

2. Is there any documentation related to acceptance of Chartered
Accountant certificate honoring it in foreign countries? Is there any
statute which equates the 3 years of articleship to College education?

3. Is it possible to get a reference letter from CA governing body
asking to accept C.A as a Bachelors/Masters Degree?

If there are no such documents available then can these issues be
raised with the Governing body? I believe this is an important matter
as it affects the current and future CAs looking to further their
education and career in USA.

With most of the US companies now having presence in India shouldn't
our Institute as the leading body initiate discussion with US
Educational institutions and Immigration services so as to grow
opportunities for its members?

It also feels pathetic considering the effort that we have put in
going through the grilling CA exams and it being considered of no
value in the global world. An Engineer from a run-down low-end college
will have no such issues so for all aspiring students these issues may
be a deterrent in taking up Chartered Accountancy.

Thanks for your time. Will really appreciate if I can get some
positive responses and direction here.



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