Mutual Recognition Agreements
The Institute has mutual recognition agreements with the following Institutes:
- Canadian Institute of Chartered Accountants
- Institute of Chartered Accountants of Australia
- Institute of Chartered Accountants in England and Wales
- Hong Kong Institute of Certified Public Accountants
- Institute of Chartered Accountants in Ireland
- Institute of Chartered Accountants of Scotland
- South African Institute of Chartered Accountants
- American Institute of Certified Public Accountants
NZICA members may admit to full memberships of the above institutions after passing an aptitude test or subject to other specific requirements.
Membership of NZICA through a mutual recognition agreement is subject to meeting certain criteria, including knowledge of New Zealand tax and law.
Members of the following professional associations are given limited advanced standing by NZICA:
- Association of Chartered Certified Accountants (ACCA) Exemptions to ACCA have been removed altogether recently.
- CPA Australia
- Institute of Chartered Accountants of India
NZICA terminated mutual recognition agreements with ACCA and CPA Australia in 2003.
Members of the Association of Accounting Technicians may obtain advanced standing for membership of the College of Accounting Technicians.
Read more about this topic: New Zealand Institute Of Chartered Accountants
Famous quotes containing the words mutual, recognition and/or agreements:
“Then, anger
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a catastrophe.
Then, making up
was a mutual smile
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a gift.
Now, just look at this mess
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You grovel at my feet
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—Amaru (c. seventh century A.D.)
“Productive collaborations between family and school, therefore, will demand that parents and teachers recognize the critical importance of each other’s participation in the life of the child. This mutuality of knowledge, understanding, and empathy comes not only with a recognition of the child as the central purpose for the collaboration but also with a recognition of the need to maintain roles and relationships with children that are comprehensive, dynamic, and differentiated.”
—Sara Lawrence Lightfoot (20th century)
“The Federal Constitution has stood the test of more than a hundred years in supplying the powers that have been needed to make the Central Government as strong as it ought to be, and with this movement toward uniform legislation and agreements between the States I do not see why the Constitution may not serve our people always.”
—William Howard Taft (1857–1930)