MoU with CPA Australia

This discussion is constructive appraisal of Accountancy in India and Accountancy Bodies have on the business. The focus will be from point of view of public interest and other stakeholders. Members are expected to discuss from point of view of current legislation prevailing in India and also contrast with international practises. Discuss on MRAs and MOU between the accounting bodies.

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This discussion is constructive appraisal of Accountancy in India and Accountancy Bodies have on the business. The focus will be from point of view of public interest and other stakeholders. Members are expected to discuss from point of view of current legislation prevailing in India and also contrast with international practises.

This is a open forum. Please share your opinion in professional manner or else face moderation.

MoU with CPA Australia

Postby cmadevarajan on Sun May 01, 2011 8:52 am

After successfully signing a MoU with IPA (erstwhile NIA), we must now sign a MoU with CPA Australia. A brief background about CPA Australia. CPA Australia was earlier an Australian Cost Accountancy Body.

Source: http://en.wikipedia.org/wiki/CPA_Australia

CPA Australia is one of three professional accounting bodies in Australia, the others being the National Institute of Accountants and the Institute of Chartered Accountants of Australia.

CPA Australia is one of the largest global accounting bodies, having members through Asia Pacific as well as its home base.

History

The name CPA Australia dates from April 2000[1]. Prior to that, the society had been known as the Australian Society of Certified Practising Accountants since July 1990. In its current form the society dates from 1952 when it was incorporated as the Australian Society of Accountants. The main predecessor bodies of the Society, with year of formation, are:

Incorporated Institute of Accountants, 1886 (changed name in 1921 to the Commonwealth Institute of Accountants)
Federal Institute of Accountants, 1894
Association of Accountants of Australia, 1910
Australian Institute of Cost Accountants, circa 1925

In 1952, the Commonwealth Institute and Federal Institute merged to form the Society. The Association of Accountants of Australia was merged into the Society some years later, with the Australian Institute of Cost Accountants following in 1966.
Thanks and kind regard
CMA.Devarajan Swaminathan - CEO
Devarajan Swaminathan & Co.
Cost Accountants

aligning costs with strategies
Mission, Vision, Values
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Re: MoU with CPA Australia

Postby ANRaman on Sun May 01, 2011 9:18 am

We have initiated talks with CPA Australia long back and have hit some road blocks.
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Re: MoU with CPA Australia

Postby Sanket on Mon May 02, 2011 10:06 am

Not much details is disclosed on MOU with NIA compared to other MOUs such as CIMA or IMA
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Re: MoU with CPA Australia

Postby PRABIN2006 on Tue May 17, 2011 9:13 pm

Dear CMAs,

Greetings!
If any one of us are interested in taking the membership of “Institute of Public Accountants (IPA), Australia”, please refer to the below mail received from IPA.
-------------------------------------------------------------------------------------------------------------------
Dear Prabin Jha,
Thank you for your enquiry regarding the membership of our institute.
For your information, the National Institute of Accountants (NIA) has been renamed as the Institute of Public Accountants (IPA) since 2 May 2011.
According to the mutual membership recognition arrangement between the ICWAI and IPA:
- Students of the ICWAI with recognised tertiary qualifications in accounting are eligible to be admitted as an Associate member of the IPA (AIPA);
- Associate members of the ICWAI having completed all the required ICWAI professional exams and the required 3 years Practical Training with an approved training organisation are eligible to be admitted as a full member (MIPA) of the IPA.
- Fellow members of the ICWAI are eligible to be admitted as a Fellow member (FIPA) of the IPA.
The nomination fee will be waived for ICWAI members and students applying for IPA membership before 30 June 2011.
Attached is our membership application / member profile for your perusal and completion. Applications must be submitted with certified true copies of relevant documentation as required (including transcript of units completed) as well as the total fees payable. Please email (to jane.gao@publicaccountants.org.au ) or post your application back to us on:
Institute of Public Accountants
Level 6, 555 Lonsdale Street
GPO Box 1637
Melbourne VIC 3001
Australia
For your information, relevant fees are as following:
Nomination Fee: AU$105.00 (waived)
AIPA Membership subscription for July 2011-June 2012: AU$160.00
MIPA Membership subscription for July 2011-June 2012: AU$270.00
FIPA Membership subscription for July 2011-June 2012: AU$310.00
Annual subscription is renewed from 1 July - 30 June (next year).
Look forward to welcoming you as member of the IPA.

Should you have any queries, please do not hesitate to contact me.
Thank you and kind regards,
Jane Gao FIPA | General Manager, International Operations
e: jane.gao@publicaccountants.org.au
Institute of Public Accountants
IPA National Office - Level 6, 555 Lonsdale St, Melbourne
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