Roadmap toOpp tOpport

Presented

o tap Global t ititunities

d by: CA. George Abraham Kurian

February 2015y

Over

• An increasing number of young indians than ever belatest findings of Ma Foi Randstad Workmonitor Surlatest findings of Ma Foi Randstad Workmonitor Surglobal mobility index, followed by Brazil (129) and Chforeign nations for employment.

• CAs are no exception, attracted by prospects of betteof ICAI members are currently based abroad, the nuyears.

• Another option for finance professionals is the educsimilar courses of repute in foreign universities, are wbut it could further take 2‐3 years full time or otherwcould 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 thervey 2011‐Wave4 India with an index of 144 tops thervey 2011‐Wave4. India, with an index of 144, tops theina (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] andhat 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.

Indian CA cou

• CA qualification is well respected womembers [235,000 approx.], makes it va

• The CA course curriculum, envisagestraining, to be completed in tandem wg, pmix of theory and practical applications

• It is one of the most cost effective andappropriate investment is made toappropriate investment is made toessential these days in several jobs [E.gbetter value.

rse [Positives]

orldwide and the relatively low number oaluable in job and practice context.

s an comprehensive and active internshipith the CA studies and exams, to have a righ, gs, to attain professional competence.

d reputed courses in the country. However, iachieve post CA‐specializations which isachieve post CA specializations, which is

g consultancy, CG and CSR areas], then it has

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 useand 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 businessubject, which was there earlier].en as optionals in CA subjects, in curriculum. ICAIwhich are the employers generally.for improvement in content and conduct, in order toe to members., but also do not cover certain vital industries. [e.ge 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.

A Roadmap to tap

* Acquire good 

Gain ICAI reputed internatiocertificatiCPA, CISACIA,etc.  q g

communication,  presentation and soft skills. ** Present a Professional CV.

CFA, MBAactuarial good optiadditionaqualificatq

global opportunities

* Gain Specific Industry 

and/or 

onal  ons such as A, CMA, 

p yexposure 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. 

A Roadmap to tap glo

The road map is explained in further detail below:

1. Focus on developing communication, soft skills [inteCV with professional guidance. This will offer scopewhen applying for overseas assignments.

2. Enrol for ICAI certification courses selectively based oyplanning ‐ specialized courses in consultancy [Corpofinancial services & insurance etc.] Seeking views of fin knowing its practical utility.

3. Gain international certifications/additional qualificai d id i li ti CFA MBAexperience and consider specialization, e.g CFA, MBA

good options. Taking up certifications/qualificationsand have better prospects abroad.

4. Take up employment and gain practical exposure. Ggood jobs particularly overseas This can be builtgood jobs, particularly overseas. This can be builtconsultancy firms, MNCs or in bigger audit firms.

obal opportunities…2

rpersonal and presentations] and prepare a professionalto favorably present qualifications and key experience,

on your preferences. This should be first step to overseasy p porate finance, Risk Management, international taxation,fellow members who already attended, would be of help

ations: Allow for 1‐2 years to focus on post qualificationA [f t d i tit ti ] d A t i l iA [from reputed institutions] and Actuarial sciences arewhile in India is preferred, since these are cost effective

enuine employer references may prove beneficial in allin initial years by working in specialized areas like inin initial years by working in specialized areas like in

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, thLong gaps without employment/training, may be

• Give the company, project and profile more imweightage should be for skill enhancement. Concomponents to challenge onself on target orientcomponents to challenge onself on target orient

• Volunteering for rendering CSR advisory servicesand is your contribution and involvement in soci

6. Stay updated: Develop a habit of continuous readinglatest trends/changes in the profession and subjectsCorporate Governance, CSR, Business Valuation, M&Acrucial 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 duesider learn & earn pays, with fixed and variable incentiveed responsibilitiesed responsibilities.

s, is good option as it gives higher scope for overseas jobsally worthy projects.

g and keeping abreast with international business news ands of interest. Focus on political and fiscal policies, IFRS,A news, Due diligence, Risk Management etc. This may give

Learning & mento

Take up opportunities for learning and earningmarketing 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 practicesas experience [onsite or at backend]

WorkingA critical appraisa

g Abroadal – Pros and Cons

Overseas Jobs: Strengt

• Higher salary [may range from 2 times to 4 timregime abroad ]regime abroad.]

• Need for specially trained professionals –Enhanexpand globally.

• Higher savings potential – Good savingsg g p gbachelor/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 , je 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 sustainatisfactory profile: Example ‐Canada]

Strengths and Oppo

• Faster track in settling down with basicconveniences] Easier and cheaper credit inconveniences]. Easier and cheaper credit in

• Better social security and/or health caremany cases, depending on country and devMore 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. Remuneraeconomies in the social sector in many cagenciesagencies.

ortunities [….Contd.]

needs of life ‐[furnished house, car, othern some countries [e g Middle East]n some countries [e.g. Middle East].– May be better infrastructure than India invelopment. Subsidized by state in many cases.corruption in se eral co ntries of interestcorruption – in several countries of interesting international professional practicesfamily: children and other family members.SR activity –As this is better understood andation is decent in the western developedcases as these are foundations and funding

Challe

1. Recession and related scenario mayi t iddl t il i i Eimpacts, middle east oil crisis, Euro zo

2. Language handicaps: There could be inot familiar with English communicati

3. Stiff competition in job openings frobe less qualified or competent butwesterners]. Many countries imposlocal jobslocal jobs.

4. Local qualification and experience plocal qualifications and experience. Onabroad may not rise to expectationsabroad, may not rise to expectations.

enges

y restrict openings [Examples: US recessioni i Chi l d ]one crisis, China slowdown].

initial period challenges, especially for thoseion [written and spoken]om locals and other nationalities who mayare culturally preferred mostly. [e.g arabs,se restrictions on hiring expats. to protect

preference: Many countries ask for specificne has to learn that earnings in initial stages

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 rformalities.[Example: Middle east, US]. Also encategories & for families. [e.g: in Kuwait without De

9. Risk of discrimination: Continuously residing abroatolerance, 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 transferntry barriers may be there for issuing visa for certainegree certificate, not even visit visa is issued]

ad, would depend on country’s religion composition andous compliances are tough in some middle east countries

Challen

9. Forced to adapt: Willingness to accept that wel l d h f d llocals and other preferred nationalities. Acnationality, assuming equal level of competen

10. Food habits have to undergo changes and adH l I di iti & I diHowever, larger Indian communities & Indianexpensive.

11 Lesser access to families/parents: May or maof family or its members Depends on countrof family or its members. Depends on countrmore distanced.

nges…3

emay be residents, considered for openings, afterd 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 emergenciesy chosen to migrate Western countries relativelyy chosen to migrate. Western countries relatively

Job Opportunities  b

• The following sections provide some relevant informationregions and countries. It is prepared on the basis of myg p p ycontacts in some countries and some information through

• While sincere efforts have been made to present a fair andrely on or act solely on the basis of these presented data anviews, where considered appropriate. Further, the informaon date of preparation that could be subject to frequent con date of preparation, that could be subject to frequent cchanges and that in applicable statutes and rules in thetheir own research, cross verify facts, carry out a due ddecisions. 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 selectown experiences, information gathered through my reliablep , g g yh secondary research and enquiry.

equitable view, we take no responsibility, for those who mightnd information which are indicative and may include personalation presented is based on knowledge and information extantchanges going forward for various reasons including politicalchanges going forward for various reasons including politicalrespective countries. Individual members are advised to dodiligence on areas of interest and rely on these before takingdepending 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

Job Opportunities

• Gulf region offers attractive career ogequipped with right skill sets. Theto its proximity to India, tax free eco

• Gulf Cooperation Council [GCC] coArabia, UAE, Kuwait, Bahrain, Qataislamic countries and account for ainclude the largest producers and ex

s in Gulf Region..1

opportunities for CAs, especially thosepp p ygulf has employment attractions, dueonomies and oil rich states.

onsists of six member states ‐ Saudiar and Oman. The GCC comprise ofround 40% of global oil exports. Theyg p yxporters of oil in the world.

Job Opportunities

• Saudi Arabia [largest exporter of oil, thh t i t I l i l th thas very strict Islamic laws as the two mat Mecca and Medina. The state imposesresidents who also have to observe it to a

• UAE [Is a relatively liberal and developed• UAE [Is a relatively liberal and developedemirates, including Abu Dhabi, Dubai,ones - Ajman, Ras Al Khaimah, Fujairahis the largest (almost 70% of UAE area]gdeveloped. Dubai is small but a well esthub of the middle east and is quite popdue 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-musliman extent.d country within the GCC It consists of sixd country within the GCC. It consists of sixSharjah and the smaller and lesser knownand Umm Al Quaim]. Of this Abu Dhabiand has most of the oil reserves and is welltablished international business and tourismpular among Indian and westerners as well,ational events and ease of doing business.

Job Opportunities

• Kuwait [a small country which sits of arounpopulation of around 3 5 million of whichpopulation of around 3.5 million of whichIndians are over 750,000 comprises the larg

• Bahrain [is a very small country but is afinancial institutions, and hence hires e,consulting sector]

• Qatar [is another very small country, whinfrastructure development as it has the laseeing 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 offerthe capital and CA could have opportunities

s in Gulf Region..3

nd 10% of oil reserves of the world]. It has aKuwaitis account for around 1 5 million andKuwaitis account for around 1.5 million andgest group of expats, if rated by nationality.a hub of many reputed and old banks andexpats mainly in the financial services andp y

ich is attracting lot of business activity andargest known gas reserves in the world. It isears ]ears. ]rs employment to a lot of Indians. Muscat iss there too].

Job Opportunities

• Out of over 23000 [10% of our membetl l d i thi i f thcurrently employed in this region of th

young CAs would be migrating over thincluding Singapore.

• Currently this region faces some slow• Currently this region faces some slowdrop in oil prices by almost 50% ovepopular emirates in the UAE and Gulf rdebts during the 2009 but was bailedrecovering. Dubai has the largest omembers.

s in Gulf Region..4

ers based abroad] almost 10,000 CAs areld 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 sharper one year. Besides, Dubai one of theregion, defaulted by US$ 1.5 billion, on itsd out by neighboring Abu Dhabi, and isoverseas chapter of CAs with over 1900

Job Opportunities

• Popular industries for employment for CAs in the gulfTrading & contracting, Public sector, business consultTrading & contracting, Public sector, business consultalso importance though having comparatively lesser h

• Competition in jobs for Indians in general and CAgo to gulf through their contacts, relatives or throughand their rates are generally high and salaries mayg y g y“benami” job visas with shell companies and witbusinesses locally for placements. This route is not reand could lead to penal consequences.

• Local residents/nationals [who have access to top ef 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 Ainclude Egyptians, Lebanese and Palestinians, Syrianscertifications and are more refined and presentable]certifications and are more refined and presentable],

s in Gulf Region..5

are Oil & Gas, Banking & investment, Construction, Retailting and auditing. Hospitality and healthcare sectors areting and auditing. Hospitality and healthcare sectors areiring at CA level.

As specifically, are from various segments. Many indiansHR agencies. Finding a reliable HR firm is a big challengey be bargained down. Some go abroad buying or ony g g y gth unscrupulous sponsors. They then try approachingecommended as it is mostly illegal due to tighter controls

ducation and are an fast growing middle class. They areb i b d t l i i tbusiness based on percentages are seen also in private as

Arabic language, religious and cultural similarities. Theses etc. may of whom have good English, US degrees and

Job Opportunities

• Westerners: They are normally preferredsector and telecom sector and in various bown business. This preference is due to thehave close ties with locals/nationals whod f tl t l d d b i i thand frequently travel and do business in tho

• Others: Indian CAs also face some compeor ICEW qualifications] and Sri Lankans. Ccurriculum and have a fair element of recothe equivalent qualification of CA England &

s in Gulf Region..6

in senior posts in banks, consulting firms, oilbusinesses representing MNCs or doing theireir experience and country of origin and theystudy, own property, have close political ties

t iose countries.

etition from Pakistanis [many have UK ‐ ACCACA of these countries are also similar to ICAIognition in the gulf as it follows the pattern of& Wales.

Job Opportunities

• Job requirements: Most Gulf states recognize Indisigned 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.

Job Opportunities

• Accounting Standards: Most gulf countries have[IAS/IFRS] for reporting since decades Expat au[IAS/IFRS] for reporting since decades. Expat aufinancials and firms have local partners who areplus. Consider taking thecertification course of ICcountries as your job overseas. International ststandards applicable in most of these countries.

• In overseas jobs in general, taxation and companyand culture has to be studied new when taking uptax jobs in Big‐4 or other firms, bear this in mind.

• Visa restrictions: Switching jobs or visas is generag j gthat may be by industry and have job vacancy liminot allow a CA to enter Kuwait even on a visit visahave it with you if you did not obtain it from your u

s in Gulf Region..8

e been following international accounting standardsuditors even if partners cannot attest/sign off onuditors even if partners, cannot attest/sign off onthe sponsors. Good knowledge of IFRS is a definiteCAI or elsewhere and getting familiar if you plan gulftandards of Auditing [ISAs] of IFAC, is the auditing

law of India is mostly redundant and local legislationassignment in these countries. If you wish to take up

ally difficult in gulf countries due to visa restrictionsy gts to promote locals. Some countries like Kuwait , doa, without having a degree certificate. Make sure youuniversity.

Job Opportunities• Remuneration: Salary scales for a CA of 1‐2 yea

Indian Rs.10 ‐ 20 lakhs Indian rupees, depending oSMEs and small firms tend to lower, while in MNfirms, it tends to be higher.

• Salaries also vary from one gulf country to anothcost of living. Cost of living has increased sub

d h h d daccommodation which vary in a wide range, depenas a bachelor will be much lesser than that ofemployed.

• Job opportunities for ladies are relatively lesserI l i t tIslamic states.

• Saudi Arabia is more restrictive due to its Islamic cmosques at Mecca and Medina. Lesser cost of livcould be higher, but still less preferred due to theduring holy month of Ramadan UAE Bahrain anduring holy month of Ramadan. UAE, Bahrain anArabia, Kuwait and Qatar are relatively more restric

s in Gulf Region..9ars normally would be in the range of equivalent ofon country to country. The salaries in private sectorNCs, larger private/family group businesses and Big‐4

her, depending on size, post, level of restrictions andbstantially in the recent past, particularly for rentald l d l f lnding on type, size, quality and location. Cost of livingf 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 holyving due to limited scope for spending, hence savingse restrictions and quality of life for expats especiallynd Oman are more liberal in that sequence Saudind Oman are more liberal in that sequence. Saudictive/conservative in that sequence.

Job Opportunities 

• Besides its close proximity to India whichcommuting to all major indian cities the addecommuting to all major indian cities, the addelarge population of Indian expats and hencefood of diverse Indian types and of varying qu

• For example Dubai [in UAE] has a more luxurl i h l isalaries there, may not necessary translate int

• Current job opportunities are more in QataRelatively lesser opportunities exist, in Bahraiseverely impacted by the slump in oil priceseverely impacted by the slump in oil priceinfrastructural development is happening onlUAE, particularly Abu Dhabi. There is an ecbeen stalled, which affects job opportunities.

in Gulf Region..10

h permits easy air connectivity and weekended attraction about gulf countries is that it has aed attraction about gulf countries is that it has aIndian 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 beenes [almost 50% drop over past one year] andes [almost 50% drop over past one year] andy in few countries like Qatar and to an extent inonomic slow down and all major projects have

Countries not rejob plajob pla

Besides various challenges mentioned in secMiddle 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 offethese countries, which may pose threat to life, inquality of life. Same holds true for Russia [due tcountries and some of the erstwhile USSR states.place of duty before considering any openings eitp y g y p g

ecommended for cementscementsuring a good placement, some countries of thestable 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 ton the pursuit of better monetary compensation andto recent aggressive developments], several African. Do a proper background check of the country andther directly or through HR agencies.y g g

Opportunities

• This country has been a preferred destinationover 1500 CAs currently in Singaporeover 1500 CAs currently in Singapore.

• The prospective sectors there for CA hiringConsultancy 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 cleanereliable and is affordable and convenient. Coth l i tti f th ld’ tthe luxurious settings as one of the world’s tattractive, despite high salaries.

• There are some restrictions in permitting jobministry 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 theest city of the world. Public transport is highlynsequently, though standard of living is good int 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 thereference to local hiring.g

Some opportunities i

• Some western world countries offer gomainly USA, Canada, Australia, New Zea

• CAs aspiring for placements in thesmandatorily qualify under entry level nmandatorily qualify under entry level nas a precondition for taking up jobs or p

• These norms include a test of EnglReciprocal arrangements as MoUs arecountries except USA listed above.

n the Western World

ood prospects for CA placements includealand, UK and Ireland.

se countries are generally required tonorms 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

Some opportunities i

• These exams comprises of four papers and passh l d hThere is no center currently in India. These qmost countries including the middle east anworldwide and are hence recommended.

C t G d CSR [C t• Corporate Governance and CSR [Corporateimplemented in India, quite recently. Focus onother western country practices being far aheopportunities in these countries. ICAI is conducppvarious 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 statutorilystudying these areas, in context of US, global andead, as it will have open up scope for more jobcting a certification course on CSR for members atg

f dMoUs of ICAI and somrelevant details co

comprehParticulars  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 ExaComputerizedover 4 days ofSeptember ea[These comprcase studies besides 

completing ICAEW's structured training in ethics programme.

[These compradditional 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 alongwithCPD course ofrise 7 

pers]additional paper for ICAA, and 2 papers for CPA.

CPD course of “Overview of Irish Tax and Law”

MoUs of ICAI with somonly) & 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 standingcertificate from ICAI

Yes Yes

me countries (abstracts er indicatorser indicators.

Australia & NZ Ireland

ICAA & CPA [Aus] CPA Ireland

MBA  Not available Not availablestitutes]CMA, 

Y YYes Yes

MoUs of ICAI with (abstrac(abstrac

Particulars  UK  Canada

MoU signed with…

ICEW CICA 

Good English  High Highcommunica‐tion skills expectation

E i Bi 4 & MNC Bi 4 & MNExperience preferences

• Big 4 & MNC experience preferred.

• Big‐4 & MNexperience • Local expepreferredp

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

ppreferred.

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  600annum in Cadollars.[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.] 

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 tamay be arou35% and varstate 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 Highn net]

Very High [available on net]

Moderate to High

MoUs of ICAI with (abstrac(abstrac

Particulars  UK  Canada

MoU signed with

ICEW CICA 

Preferred  Banking &  Oil & Gas,  Aindustries for employment

Investment, Manufacturing,  Government Sector 

firms, BankiInvestment, [some firmsstaff on dailyt staff on daily

different countries cts only)cts only)

Australia & NZ Ireland

ICAA & CPA [Aus] CPA Ireland

Audit  Banking,  Not obtainedng & NGOs, hire out y rates]

Insurance, Retail, Telecom, Mining, Oil & Gas and Governmenty rates] Government [Public sector],

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