The Institute of Chartered Accountants of India (ICAI) will approach the University Grants Commission to accord postgraduate degree status for Chartered Accountant (CA) qualification.

ICAI president Nilesh S. Vikamsey said here on Saturday that recognising the CA qualification as a postgraduate degree would help the candidates pursue higher studies and improve their chances of taking up assignments abroad. “It would give our chartered accountants an edge, especially in countries like the U.S.,” he said.

Already, 101 Indian universities, six IIMs and two IITs have recognised chartered accountancy qualification for registration for PhD programmes. #casansaar (Source - The Hindu)