In February 2009 the Institute of Chartered Accountants India (ICAI) and CPA Australia entered into a mutual recognition agreement (MRA) to further develop the relationship between the two bodies and establish guidelines on how qualified members can gain reciprocal membership.
This collaboration and mutual endorsement was symbolically strengthened with the re-signing of the MRA in September 2014, indicating a commitment to support and assist those ICAI members who want local recognition and representation in Australia and Asia.
Becoming a CPA gives ICAI members the opportunity to promote their technical expertise through an association that is well recognised throughout Australia and the Asian region.
Step 1: Determine eligibility
CPA Australia accepts membership applications from around the globe. If you are a full Associate member of ICAI, you are eligible to apply for CPA Australia Associate membership if you:
- are a member of good standing and not currently subject to any disciplinary sanctions or investigations
- did not gain entry through another mutual recognition agreement
- have successfully completed:
- the ICAI exams
- the ICAI practical experience requirements
- hold a university degree recognised by the Australian Education International – National Office of Overseas Skills Recognition as being at least equivalent to Australian bachelor degree level. This will be determined during the verification of your application
- have at least five years' work experience in professional accounting
Step 2: Complete application
Complete your application and submit it with the following:
- application fee and membership fee
- original colour scans of 100 points of identification
- a letter of good standing from ICAI that contains:
- the date you joined ICAI
- the date you achieved your current member status
- the date your membership fees are paid until
- confirmation that you are not a member of ICAI through another MRA
- original colour scans of university academic award (degree certificate) and official transcripts (marksheets) or workplace testimonials
- original colour scans of an official transcript from ICAI
- original colour scans of university academic awards and official transcripts or mark sheets or workplace testimonials
- original colour scans of change of name documentation (if applicable)
Step 3: Verifying your application
Your application will take approximately 10 to 15 working days to verify. If there are any queries about your application, a CPA Australia employee will contact you.
If your application is successful, an email will be sent to you informing you of your success. A welcome pack will follow by post.
If your application is unsuccessful, an email will be sent to you outlining the reasons why. We will provide advice about how you can meet CPA Australia's membership requirements.
Step 4: Advance to CPA status
Once you become an Associate member of CPA Australia you must complete the following professional development subjects within two years:
- Better Practice in Governance and Accountability
- Global Strategy and Leadership
To enrol in Better Practice in Governance and Accountability:
- log in to My Online Learning and select "courses" from the top left navigation bar
- search for "Better Practice in Governance" in the keyword search
- select the subject and "add to cart" to purchase the subject
Upon successful completion of both courses, you will automatically advance to CPA status. You will receive a CPA certificate and will then be eligible to use the CPA designation