The Institute of Chartered Accountants of India entered into Mutual Recognition Agreement (MRA) with the Malaysian Institute of Certified Public Accountants (MICPA) on 4th December 2020 to recognize the qualification, training of each other and admit the members in good standing by prescribing a bridging mechanism.

The two accountancy institutes will have an opportunity to play the leadership role in addressing new challenges facing the profession in a globalized environment. This Qualification Reciprocal Agreement between two regulatory institutions at both ends brings in element of enhanced visibility and wider acceptance amongst stakeholder community thus paving way for augmentation of increased professional opportunities.

The MRA does not cover the rights to conduct public accounting services; sign audited financial statements; or act as a tax agent in India, Malaysia and any part of the World.