This presentation was made under New Member Empowerment Programme, with researched guidance on a Road Map tap Global Opportunities. Indian CAs are well respected internationally and undoubtedly globally opportunities are immense, however, CAs for better chances, must equip themselves with certain key skill sets to enhance their marketability to avail opportunities. This requires specific training on effective english communication, consultancy services and gaining industry specific knowledge.

1. Roadmap to
Opp tOpport
Presented
o tap Global
t ititunities
d by: CA. George Abraham Kurian
February 2015y

2. Over
• An increasing number of young indians than ever be
latest findings of Ma Foi Randstad Workmonitor Surlatest findings of Ma Foi Randstad Workmonitor Sur
global mobility index, followed by Brazil (129) and Ch
foreign nations for employment.
• CAs are no exception, attracted by prospects of bette
of ICAI members are currently based abroad, the nu
years.
• Another option for finance professionals is the educ
similar courses of repute in foreign universities, are w
but it could further take 2‐3 years full time or otherw
could work out to Rs 25 lacs or upwards Educational lcould work out to Rs.25 lacs or upwards. Educational l
rview
efore, are keen on seeking jobs abroad, according to the
rvey 2011‐Wave4 India with an index of 144 tops thervey 2011‐Wave4. India, with an index of 144, tops the
ina (125), meaning more and more Indians wish to go to
er terms. Notwithstanding, the fact that only around 10%
umbers are expected to substantially increase in coming
cation route. MBA [from foreign reputed institutes] and
hat could be an option for newly qualified CAs to pursue,
wise. In US and UK, a reputed MBA without scholarship,
oans part time jobs & scholarships may reduce outlayoans, part time jobs & scholarships may reduce outlay.

3. Indian CA cou
• CA qualification is well respected wo
members [235,000 approx.], makes it va
• The CA course curriculum, envisages
training, to be completed in tandem wg, p
mix of theory and practical applications
• It is one of the most cost effective and
appropriate investment is made toappropriate investment is made to
essential these days in several jobs [E.g
better value.
rse [Positives]
orldwide and the relatively low number o
aluable in job and practice context.
s an comprehensive and active internship
ith the CA studies and exams, to have a righ, g
s, to attain professional competence.
d reputed courses in the country. However, i
achieve post CA‐specializations which isachieve post CA specializations, which is
g consultancy, CG and CSR areas], then it has

4. Indian CA course (
• Entry is granted even without an interview round,
• GMCS is inadequate, though step in right direction
communication. [CPT does not have english as a su
• Does not cover industry specific contents, eve
Certification courses and hardly covers industries, w
• ICAI Certification courses sometimes leave scope
be practical and of relevant skill enhancement valu
• ICAI Publications are of good quality in general,
Healthcare not covered] and members should useHealthcare not covered] and members should use
and continuing education.
• Consultancy area coverage limited in main syallabu
(areas to improve)
, and solely on basis of a CPT exam passing.
n and hence cannot help much in English and business
ubject, which was there earlier].
en as optionals in CA subjects, in curriculum. ICAI
which are the employers generally.
for improvement in content and conduct, in order to
e to members.
, but also do not cover certain vital industries. [e.g
e it and refer to it for better knowledge managemente it and refer to it, for better knowledge management
us. Left to option of members, in post CA courses.

5. A Roadmap to tap
* Acquire good
Gain ICAI
reputed
internatio
certificati
CPA, CISA
CIA,etc. q g
communication,
presentation and soft
skills.
** Present a
Professional CV.
CFA, MBA
actuarial
good opti
additiona
qualificatq
global opportunities
* Gain Specific Industry
and/or
onal
ons such as
A, CMA,
p y
exposure viz.Oil and gas,
Healthcare, Construction,
NGOs etc.,
** Build good job profiles in
India & provide referral of
A or
science, are
ions for
al
ions.
India & provide referral of
employers.,
*** Gain Consultancy
exposure & be familiar with
global audit approach.

6. A Roadmap to tap glo
The road map is explained in further detail below:
1. Focus on developing communication, soft skills [inte
CV with professional guidance. This will offer scope
when applying for overseas assignments.
2. Enrol for ICAI certification courses selectively based oy
planning ‐ specialized courses in consultancy [Corpo
financial services & insurance etc.] Seeking views of f
in knowing its practical utility.
3. Gain international certifications/additional qualifica
i d id i li ti CFA MBAexperience and consider specialization, e.g CFA, MBA
good options. Taking up certifications/qualifications
and have better prospects abroad.
4. Take up employment and gain practical exposure. G
good jobs particularly overseas This can be builtgood jobs, particularly overseas. This can be built
consultancy firms, MNCs or in bigger audit firms.
obal opportunities…2
rpersonal and presentations] and prepare a professional
to favorably present qualifications and key experience,
on your preferences. This should be first step to overseasy p p
orate finance, Risk Management, international taxation,
fellow members who already attended, would be of help
ations: Allow for 1‐2 years to focus on post qualification
A [f t d i tit ti ] d A t i l iA [from reputed institutions] and Actuarial sciences are
while in India is preferred, since these are cost effective
enuine employer references may prove beneficial in all
in initial years by working in specialized areas like inin initial years by working in specialized areas like in

7. A Roadmap to tap glo
5. Consider volunteering and do not judge local jobs by p
D i l f h “ i ” j b h• Do not wait long for the “appropriate” jobs, th
Long gaps without employment/training, may be
• Give the company, project and profile more im
weightage should be for skill enhancement. Con
components to challenge onself on target orientcomponents to challenge onself on target orient
• Volunteering for rendering CSR advisory services
and is your contribution and involvement in soci
6. Stay updated: Develop a habit of continuous reading
latest trends/changes in the profession and subjects
Corporate Governance, CSR, Business Valuation, M&A
crucial advantage during job interviews and tests.
obal opportunities…3
ay terms alone:
h h ld i i ihat should meet your minimum monetary expectations.
e difficult to explain in your CV, to overseas employers.
mportance, in job acceptance even if pay is less, as due
sider learn & earn pays, with fixed and variable incentive
ed responsibilitiesed responsibilities.
s, is good option as it gives higher scope for overseas jobs
ally worthy projects.
g and keeping abreast with international business news and
s of interest. Focus on political and fiscal policies, IFRS,
A news, Due diligence, Risk Management etc. This may give

8. Learning & mento
Take up opportunities for learning and earning
marketing administration and HR skills Prefer amarketing, administration and HR skills. Prefer a
• Is accessible
• Is a knowledgeable professional
H f i l k• Has a proven professional network
• Has a proven and relevant track record
• Should be a person who can and is willing to gui
• Keeps you abreast with global accounting and a
• Offers Job/training options to gain some oversea
oring preferences
g, to acquire new skills and improve managerial,
a mentoring option that:a mentoring option that:
ide you
uditing practices
as experience [onsite or at backend]

9. Working
A critical appraisa
g Abroad
al – Pros and Cons

10. Overseas Jobs: Strengt
• Higher salary [may range from 2 times to 4 tim
regime abroad ]regime abroad.]
• Need for specially trained professionals –Enhan
expand globally.
• Higher savings potential – Good savingsg g p g
bachelor/family status and cost of living. Middle
• NRI tax status advantage: Due to tax exemption
• Better quality of living may be expected– may b
• Some countries enroll personnel on piece ra
finances, till one finds stable/full time job and sa
ths and Opportunities
mes than India equivalent, but net depends on tax
nces demand for Indian CAs, as businesses grow &
than Indian jobs in many cases, subject toj y , j
e east salaries are currently tax free.
n and benefits permitted to NRIs in India.
be healthier [better healthcare & less pollution]
ates/hourly basis [this can be of help to sustain
atisfactory profile: Example ‐Canada]

11. Strengths and Oppo
• Faster track in settling down with basic
conveniences] Easier and cheaper credit inconveniences]. Easier and cheaper credit in
• Better social security and/or health care
many cases, depending on country and dev
More organized and less bureaucracy and• More organized and less bureaucracy and
• Better exposure to global culture and leadi
• Better education & healthcare options for
• Good opportunity to work in NGO and CS
organized in western world. Remunera
economies in the social sector in many c
agenciesagencies.
ortunities [….Contd.]
needs of life ‐[furnished house, car, other
n some countries [e g Middle East]n some countries [e.g. Middle East].
– May be better infrastructure than India in
velopment. Subsidized by state in many cases.
corruption in se eral co ntries of interestcorruption – in several countries of interest
ing international professional practices
family: children and other family members.
SR activity –As this is better understood and
ation is decent in the western developed
cases as these are foundations and funding

12. Challe
1. Recession and related scenario may
i t iddl t il i i Eimpacts, middle east oil crisis, Euro zo
2. Language handicaps: There could be i
not familiar with English communicati
3. Stiff competition in job openings fro
be less qualified or competent but
westerners]. Many countries impos
local jobslocal jobs.
4. Local qualification and experience p
local qualifications and experience. On
abroad may not rise to expectationsabroad, may not rise to expectations.
enges
y restrict openings [Examples: US recession
i i Chi l d ]one crisis, China slowdown].
initial period challenges, especially for those
ion [written and spoken]
om locals and other nationalities who may
are culturally preferred mostly. [e.g arabs,
se restrictions on hiring expats. to protect
preference: Many countries ask for specific
ne has to learn that earnings in initial stages

13. Challen
5. Knowledge of Indian statutes & taxes redundant–
6 Higher level of qualifications or academic perform6. Higher level of qualifications or academic perform
7. Problem solving, interpersonal skills, independent
8. Job switches more difficult ‐ mainly due to visa r
formalities.[Example: Middle east, US]. Also en
categories & for families. [e.g: in Kuwait without De
9. Risk of discrimination: Continuously residing abroa
tolerance, politics and economic status. [e.g. religio
[Kuwait, Saudi Arabia].
•
nges…2
are of limited significance in most overseas jobs.
mance may not translate into better preference in jobsmance, may not translate into better preference in jobs.
t working & ability to guide top management expected.
estrictions and clearances. There may be salary transfer
ntry barriers may be there for issuing visa for certain
egree certificate, not even visit visa is issued]
ad, would depend on country’s religion composition and
ous compliances are tough in some middle east countries

14. Challen
9. Forced to adapt: Willingness to accept that we
l l d h f d llocals and other preferred nationalities. Ac
nationality, assuming equal level of competen
10. Food habits have to undergo changes and ad
H l I di iti & I diHowever, larger Indian communities & Indian
expensive.
11 Lesser access to families/parents: May or ma
of family or its members Depends on countrof family or its members. Depends on countr
more distanced.
nges…3
e may be residents, considered for openings, after
d l l ll l d ff fcordingly pay scales will also differ in terms of
ce and qualification.
aptability will determine health and ease of living.
f d ti il bl th h bn food options are now available, though may be
ay not be easy to commute in case of emergencies
y chosen to migrate Western countries relativelyy chosen to migrate. Western countries relatively

15. Job Opportunities b
• The following sections provide some relevant information
regions and countries. It is prepared on the basis of myg p p y
contacts in some countries and some information through
• While sincere efforts have been made to present a fair and
rely on or act solely on the basis of these presented data an
views, where considered appropriate. Further, the informa
on date of preparation that could be subject to frequent con date of preparation, that could be subject to frequent c
changes and that in applicable statutes and rules in the
their own research, cross verify facts, carry out a due d
decisions. They may seek professional career guidance,
aspirations.
• Th t ti [1] G lf R i [2] Si &• The presentation covers [1] Gulf Region [2] Singapore, &
reciprocal understanding for recognizing indian CAs.
by Region & Country
n for CAs desirous of taking up placements overseas in select
own experiences, information gathered through my reliablep , g g y
h secondary research and enquiry.
equitable view, we take no responsibility, for those who might
nd information which are indicative and may include personal
ation presented is based on knowledge and information extant
changes going forward for various reasons including politicalchanges going forward for various reasons including political
respective countries. Individual members are advised to do
diligence on areas of interest and rely on these before taking
depending on their academic and professional status and
& [3] S t t i ith f hi h ICAI h& [3] Some western countries, with some of which ICAI has

16. Job Opportunities
• Gulf region offers attractive career og
equipped with right skill sets. The
to its proximity to India, tax free eco
• Gulf Cooperation Council [GCC] co
Arabia, UAE, Kuwait, Bahrain, Qata
islamic countries and account for a
include the largest producers and ex
s in Gulf Region..1
opportunities for CAs, especially thosepp p y
gulf has employment attractions, due
onomies and oil rich states.
onsists of six member states ‐ Saudi
ar and Oman. The GCC comprise of
round 40% of global oil exports. Theyg p y
xporters of oil in the world.

17. Job Opportunities
• Saudi Arabia [largest exporter of oil, th
h t i t I l i l th thas very strict Islamic laws as the two m
at Mecca and Medina. The state imposes
residents who also have to observe it to a
• UAE [Is a relatively liberal and developed• UAE [Is a relatively liberal and developed
emirates, including Abu Dhabi, Dubai,
ones - Ajman, Ras Al Khaimah, Fujairah
is the largest (almost 70% of UAE area]g
developed. Dubai is small but a well est
hub of the middle east and is quite pop
due to posh settings, staging many intern
s in Gulf Region..2
he world. It hires large number of Indians,
t h l i l i i i thi tmost holy islamic mosques is in this country
s religious restrictions affecting non-muslim
an extent.
d country within the GCC It consists of sixd country within the GCC. It consists of six
Sharjah and the smaller and lesser known
and Umm Al Quaim]. Of this Abu Dhabi
and has most of the oil reserves and is well
tablished international business and tourism
pular among Indian and westerners as well,
ational events and ease of doing business.

18. Job Opportunities
• Kuwait [a small country which sits of aroun
population of around 3 5 million of whichpopulation of around 3.5 million of which
Indians are over 750,000 comprises the larg
• Bahrain [is a very small country but is a
financial institutions, and hence hires e,
consulting sector]
• Qatar [is another very small country, wh
infrastructure development as it has the la
seeing a lot of expat activity in the recent yseeing a lot of expat activity in the recent y
• Oman [it is a vastly hilly country, but offer
the capital and CA could have opportunities
s in Gulf Region..3
nd 10% of oil reserves of the world]. It has a
Kuwaitis account for around 1 5 million andKuwaitis account for around 1.5 million and
gest group of expats, if rated by nationality.
a hub of many reputed and old banks and
expats mainly in the financial services andp y
ich is attracting lot of business activity and
argest known gas reserves in the world. It is
ears ]ears. ]
rs employment to a lot of Indians. Muscat is
s there too].

19. Job Opportunities
• Out of over 23000 [10% of our membe
tl l d i thi i f thcurrently employed in this region of th
young CAs would be migrating over th
including Singapore.
• Currently this region faces some slow• Currently this region faces some slow
drop in oil prices by almost 50% ove
popular emirates in the UAE and Gulf r
debts during the 2009 but was bailed
recovering. Dubai has the largest o
members.
s in Gulf Region..4
ers based abroad] almost 10,000 CAs are
ld ICAI ti t th t 10 000e world. ICAI estimates that over 10,000
he next 3 years to the West Asia region,
wdown in business activity due to sharpwdown in business activity due to sharp
er one year. Besides, Dubai one of the
region, defaulted by US$ 1.5 billion, on its
d out by neighboring Abu Dhabi, and is
overseas chapter of CAs with over 1900

20. Job Opportunities
• Popular industries for employment for CAs in the gulf
Trading & contracting, Public sector, business consultTrading & contracting, Public sector, business consult
also importance though having comparatively lesser h
• Competition in jobs for Indians in general and CA
go to gulf through their contacts, relatives or through
and their rates are generally high and salaries mayg y g y
“benami” job visas with shell companies and wit
businesses locally for placements. This route is not re
and could lead to penal consequences.
• Local residents/nationals [who have access to top e
f d tl i P bli t b k d bi bpreferred mostly in Public sector, banks and bigger b
owners and managers],
• Arab non‐nationals [ they have a preference, due to A
include Egyptians, Lebanese and Palestinians, Syrians
certifications and are more refined and presentable]certifications and are more refined and presentable],
s in Gulf Region..5
are Oil & Gas, Banking & investment, Construction, Retail
ting and auditing. Hospitality and healthcare sectors areting and auditing. Hospitality and healthcare sectors are
iring at CA level.
As specifically, are from various segments. Many indians
HR agencies. Finding a reliable HR firm is a big challenge
y be bargained down. Some go abroad buying or ony g g y g
th unscrupulous sponsors. They then try approaching
ecommended as it is mostly illegal due to tighter controls
ducation and are an fast growing middle class. They are
b i b d t l i i tbusiness based on percentages are seen also in private as
Arabic language, religious and cultural similarities. These
s etc. may of whom have good English, US degrees and

21. Job Opportunities
• Westerners: They are normally preferred
sector and telecom sector and in various b
own business. This preference is due to the
have close ties with locals/nationals who
d f tl t l d d b i i thand frequently travel and do business in tho
• Others: Indian CAs also face some compe
or ICEW qualifications] and Sri Lankans. C
curriculum and have a fair element of reco
the equivalent qualification of CA England &
s in Gulf Region..6
in senior posts in banks, consulting firms, oil
businesses representing MNCs or doing their
eir experience and country of origin and they
study, own property, have close political ties
t iose countries.
etition from Pakistanis [many have UK ‐ ACCA
CA of these countries are also similar to ICAI
ognition in the gulf as it follows the pattern of
& Wales.

22. Job Opportunities
• Job requirements: Most Gulf states recognize Indi
signed by ICAI in this region since local accountingsigned by ICAI, in this region, since local accounting
• good personality and dress sense,
• good English communication skills [written and spo
• additional degrees [CFA ‐US ACCA‐UK MBA etc]anadditional degrees [CFA ‐US, ACCA‐UK, MBA etc]an
depending on industry and post offered
• Since many of these gulf countries have Big‐4 prese
article‐ship with, or gained experience with Big‐4/la
• Experience in sectors like O&G, Banking, Investmen
• Those with Consultancy experience and in financia
• Look for local overseas assignment with BPOs/KPO
Companies with CSR compliance as a first step forCompanies with CSR compliance, as a first step for
s in Gulf Region..7
an Chartered Accountancy, though no MoU has been
g bodies are quite but prefer those who have:g bodies are quite but prefer those who have:
oken],
nd certifications [CPA CISA CIA and CMA of USA etc ]nd certifications [CPA, CISA, CIA and CMA of USA etc.]
ence and multinationals, they prefer CAs who did
arger firms or with MNCs.
nt, Consulting , Construction, Retail are preference.
l analytics, have bigger advantage.
s, MNCs and CA firms and consulting firms, NGOs,
landing a middle east joblanding a middle east job.

23. Job Opportunities
• Accounting Standards: Most gulf countries have
[IAS/IFRS] for reporting since decades Expat au[IAS/IFRS] for reporting since decades. Expat au
financials and firms have local partners who are
plus. Consider taking thecertification course of IC
countries as your job overseas. International st
standards applicable in most of these countries.
• In overseas jobs in general, taxation and company
and culture has to be studied new when taking up
tax jobs in Big‐4 or other firms, bear this in mind.
• Visa restrictions: Switching jobs or visas is generag j g
that may be by industry and have job vacancy limi
not allow a CA to enter Kuwait even on a visit visa
have it with you if you did not obtain it from your u
s in Gulf Region..8
e been following international accounting standards
uditors even if partners cannot attest/sign off onuditors even if partners, cannot attest/sign off on
the sponsors. Good knowledge of IFRS is a definite
CAI or elsewhere and getting familiar if you plan gulf
tandards of Auditing [ISAs] of IFAC, is the auditing
law of India is mostly redundant and local legislation
assignment in these countries. If you wish to take up
ally difficult in gulf countries due to visa restrictionsy g
ts to promote locals. Some countries like Kuwait , do
a, without having a degree certificate. Make sure you
university.

24. Job Opportunities
• Remuneration: Salary scales for a CA of 1‐2 yea
Indian Rs.10 ‐ 20 lakhs Indian rupees, depending o
SMEs and small firms tend to lower, while in MN
firms, it tends to be higher.
• Salaries also vary from one gulf country to anoth
cost of living. Cost of living has increased sub
d h h d daccommodation which vary in a wide range, depen
as a bachelor will be much lesser than that of
employed.
• Job opportunities for ladies are relatively lesser
I l i t tIslamic states.
• Saudi Arabia is more restrictive due to its Islamic c
mosques at Mecca and Medina. Lesser cost of liv
could be higher, but still less preferred due to the
during holy month of Ramadan UAE Bahrain anduring holy month of Ramadan. UAE, Bahrain an
Arabia, Kuwait and Qatar are relatively more restric
s in Gulf Region..9
ars normally would be in the range of equivalent of
on country to country. The salaries in private sector
NCs, larger private/family group businesses and Big‐4
her, depending on size, post, level of restrictions and
bstantially in the recent past, particularly for rental
d l d l f lnding on type, size, quality and location. Cost of living
f a family, especially in case both spouses are not
than for men, especially in the more conservative
culture and due to it being custodian of the two holy
ving due to limited scope for spending, hence savings
e restrictions and quality of life for expats especially
nd Oman are more liberal in that sequence Saudind Oman are more liberal in that sequence. Saudi
ctive/conservative in that sequence.

25. Job Opportunities
• Besides its close proximity to India which
commuting to all major indian cities the addecommuting to all major indian cities, the adde
large population of Indian expats and hence
food of diverse Indian types and of varying qu
• For example Dubai [in UAE] has a more luxur
l i h l isalaries there, may not necessary translate int
• Current job opportunities are more in Qata
Relatively lesser opportunities exist, in Bahrai
severely impacted by the slump in oil priceseverely impacted by the slump in oil price
infrastructural development is happening onl
UAE, particularly Abu Dhabi. There is an ec
been stalled, which affects job opportunities.
in Gulf Region..10
h permits easy air connectivity and weekend
ed attraction about gulf countries is that it has aed attraction about gulf countries is that it has a
Indian food and restaurants are easy to source
uality and costs.
rious and costlier life style and hence the higher
l ito larger savings.
ar, UAE, Saudi Arabia and Kuwait, in that order.
in and Muscat [Oman]. All gulf states have been
es [almost 50% drop over past one year] andes [almost 50% drop over past one year] and
y in few countries like Qatar and to an extent in
onomic slow down and all major projects have

26. Countries not re
job plajob pla
Besides various challenges mentioned in sec
Middle East/Gulf are known to be political unMiddle East/Gulf are known to be political un
• Iraq‐Syria‐Iran [as the ISIS & other radical grou
• Egypt [which has been facing lot of political u
• Israel‐Palestine‐Iraq‐Lebanon [these areas fa
conflicts]
• Yemen [south of Saudi Arabia], Libya, Sudan &
My recommendation is to avoid placements offe
these countries, which may pose threat to life, in
quality of life. Same holds true for Russia [due t
countries and some of the erstwhile USSR states.
place of duty before considering any openings eitp y g y p g
ecommended for
cementscements
uring a good placement, some countries of the
stable and military hotspots These include:stable and military hotspots. These include:
ups presently operate in this region]
nrest and leadership crisis in recent years]
ce military tensions due to unresolved regional
& Algeria have their level of political instability.
ered by reputed MNCs, Big-4 or other businesses to
n the pursuit of better monetary compensation and
to recent aggressive developments], several African
. Do a proper background check of the country and
ther directly or through HR agencies.y g g

27. Opportunities
• This country has been a preferred destination
over 1500 CAs currently in Singaporeover 1500 CAs currently in Singapore.
• The prospective sectors there for CA hiring
Consultancy firms, manufacturing and retail.
• A CA with 1‐2 years experience may expect 40A CA with 1‐2 years experience may expect 40
• Cost of living is very high, with a tax rate
minimum of SD 1500 to 2000, in the cleane
reliable and is affordable and convenient. Co
th l i tti f th ld’ tthe luxurious settings as one of the world’s t
attractive, despite high salaries.
• There are some restrictions in permitting job
ministry which may reject in specific, giving py y j p , g g p
s in Singapore
n for CAs and ICAI reports indicate that there are
are Banking & investments, Insurance, Audit &
000‐5000 Singapore dollars [SD] [1 SD = Rs 47]000‐5000 Singapore dollars [SD] [1 SD = Rs.47]
of 15% or higher and apartment rents in the
est city of the world. Public transport is highly
nsequently, though standard of living is good in
t i t h b i t ti l t btourist hubs, savings potential may not be very
openings to be , that have to be cleared by the
reference to local hiring.g

28. Some opportunities i
• Some western world countries offer go
mainly USA, Canada, Australia, New Zea
• CAs aspiring for placements in thes
mandatorily qualify under entry level nmandatorily qualify under entry level n
as a precondition for taking up jobs or p
• These norms include a test of Engl
Reciprocal arrangements as MoUs are
countries except USA listed above.
n the Western World
ood prospects for CA placements include
aland, UK and Ireland.
se countries are generally required to
norms for local accounting qualificationsnorms for local accounting qualifications,
practicing in these countries.
ish proficiency e.g TOEFL in the USA.
in place between ICAI and all the other

29. Some opportunities i
• These exams comprises of four papers and pass
h l d hThere is no center currently in India. These q
most countries including the middle east an
worldwide and are hence recommended.
C t G d CSR [C t• Corporate Governance and CSR [Corporate
implemented in India, quite recently. Focus on
other western country practices being far ahe
opportunities in these countries. ICAI is conducpp
various centers in India, which you may attend.
n the Western World
s grade is 75% and mostly multiple choice formats.
l f d f hqualifications and certifications carry weightage in
nd in light of US MNCs operating in India and
S i l R ibiliti ] h b t t t ile Social Responsibilities] has been statutorily
studying these areas, in context of US, global and
ead, as it will have open up scope for more job
cting a certification course on CSR for members atg

30. f dMoUs of ICAI and som
relevant details co
compreh
Particulars UK Canada
MoU signed
with
ICEW CICA
Exam and
Additional
fresh CAs from India
need to take three
Take Uniform
Evaluation ExaAdditional
papers to be
taken
need to take three
papers — business
reporting, business
change and a paper on
case studies besides
Evaluation Exa
Computerized
over 4 days of
September ea
[These comprcase studies besides
completing ICAEW's
structured training in
ethics programme.
[These compr
additional pap
f bme country specific job
mpiled (indicative but not p (
hensive)
Australia & NZ Ireland
ICAA & CPA [Aus] CPA Ireland
am [UFE]
Final Module‐ Take
Uniform Evaluation
Has to pass CPA
Ireland finalam [UFE]
d exam
f
ach year.
rise 7
Uniform Evaluation
Exam [UFA]
These comprise of 1
additional paper for
Ireland final
(professional 2) in
strategy and
leadership alongwith
CPD course ofrise 7
pers]
additional paper for
ICAA, and 2 papers
for CPA.
CPD course of
“Overview of Irish
Tax and Law”

31. MoUs of ICAI with som
only) & otheonly) & othe
Particulars UK Canada
MoU signed
with
ICEW CICA
Preferred Not available ‐ CFA [USA],
qualifications/
certifications
[reputed ins
‐ CPA, CISA,
CIA [US]
G d t di Y YGood standing
certificate
from ICAI
Yes Yes
me countries (abstracts
er indicatorser indicators.
Australia & NZ Ireland
ICAA & CPA [Aus] CPA Ireland
MBA Not available Not available
stitutes]
CMA,
Y YYes Yes

32. MoUs of ICAI with
(abstrac(abstrac
Particulars UK Canada
MoU signed
with…
ICEW CICA
Good English High High
communica‐
tion skills
expectation
E i Bi 4 & MNC Bi 4 & MNExperience
preferences
• Big 4 & MNC
experience
preferred.
• Big‐4 & MN
experience
• Local expe
preferredp
different countries
cts only)cts only)
Australia & NZ Ireland
ICAA & CPA [Aus] CPA Ireland
High High
NC Bi 4 & MNC YNC
rience
• Big 4 & MNC
experience
preferred.
• Local experience
Yes
p
preferred.

33. MoUs of ICAI with
(abstrac(abstrac
Particulars UK Canada
MoU signed
with
ICEW CICA
Salary Not obtained 50000 – 600Salary
expectations
scales [for
CAs with 1‐2
f
Not obtained 50000 600
annum in Ca
dollars.
[1 Canadian
I di R 50years of
experience]
Indian Rs. 50
different countries
cts only)cts only)
Australia & NZ Ireland
ICAA & CPA [Aus] CPA Ireland
000 Per 45000 – 60000 Not obtained000 Per
anadian
Dollar =
0]
45000 60000
per annum in
Australian dollar –
Rs.48 ]
Si il f N
Not obtained
0] Similar for New
Zealand. [NZ
Dollar = 47 Indian
Rs.]

34. MoUs of ICAI with
(abstrac(abstrac
Particulars UK Canada
MoU signed
with
ICEW CICA
Tax rates Tax rate ranges from Federal and
minimum 20% to 45%
depending on income.
provincial ta
may be arou
35% and var
state to statestate to state
Cost of
living
Very High
[available on net]
Moderate to
[available on
different countries
cts only)cts only)
Australia & NZ Ireland
ICAA & CPA [Aus] CPA Ireland
Upto 45% in Ranges from 20%
ax rates
und 30‐
ries from
e
Australia and in
new Zealand it
ranges from 10.5%
to 33%
to 41% depending
on the amount of
income
e. to 33%
o High
n net]
Very High
[available on net]
Moderate to High

35. MoUs of ICAI with
(abstrac(abstrac
Particulars UK Canada
MoU signed
with
ICEW CICA
Preferred Banking & Oil & Gas, A
industries
for
employmen
t
Investment,
Manufacturing,
Government Sector
firms, Banki
Investment,
[some firms
staff on dailyt staff on daily
different countries
cts only)cts only)
Australia & NZ Ireland
ICAA & CPA [Aus] CPA Ireland
Audit Banking, Not obtained
ng &
NGOs
, hire out
y rates]
Insurance, Retail,
Telecom, Mining,
Oil & Gas and
Governmenty rates] Government
[Public sector],

36. Tha
Contact Information:
VitalSource Knowledge Associates P.L
8A, 2nd Floor, Mahaluxmi Metro Tow8 , oo , a a et o Tow
Vaishali, Sector 4, Ghaziabad, UP
• Email: george vka@gmail com mcv2Email: george.vka@gmail.com , mcv2
• Phone: [M] 9971450851, [Land] 0120
anks
Ltd
werwe
246@gmail com246@gmail.com
0-4225026