Evaluation Spotlight: Accounting Qualifications in India and their US Equivalencies
By Mai Bui Park regularly helps attorneys and their clients navigate tricky evaluation cases. Below, we are spotlighting how our top evaluators navigate accounting qualifications in India to determine their potential equivalency to a US bachelor’s degree. Established by Indian Parliament, the Institute of Chartered Accountants of India (ICAI) is a professional body that regulates the accounting profession. It sets standards for education, examination, and professional practice. To practice as an accountant, you must be a Chartered Accountant by earning membership with ICAI. Membership requires completing a series of regulated examinations and a period of workplace training. From a credential-evaluation perspective, the most significant milestone is the completion of the Final Examination. In the US, for evaluation practices that follow AACRAO principles, ICAI ...