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The
Society of Certified Public Accountants
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The
Society of Certified Public Accountants (SCPA) was set up in 2001 as a
non-profit Society. The SCPA is entrusted with the responsibility of
certification of CPAs in India through study and examinations. The
objective of SCPA is to develop a new cadre of accounting professionals
through a comprehensive and contemporary body of knowledge and a rigorous
education and certification program titled the "MS (Accounting)"
Program leading to the Certified Public Accountant (CPA) designation. The
ICFAI University is responsible for organizing the training aspects of the
MS (Accounting) Program including study and examinations, whereas SCPA is
responsible for the overall growth and development of the CPA profession
based on strong code of ethics and standards of professional practice.
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To
promote efficiency and bring improvement in the contemporary
practice of accounting among the persons engaged in the activity and
maintain a central forum for these purposes.
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To
develop a body of knowledge about the subjects related to accounting
and make it available for those seeking challenging careers in the
era of globalization.
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To
promote and develop accounting education highlighting the emerging
competencies, converging disciplines and expanding roles of the modern
professional accountant.
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To
sponsor and support research activities in the field of accounting
and allied areas.
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To
publish books, magazines, journals, articles, monographs and reports
on topics of interest to the members and the students.
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SCPA is
in the process of developing a network of relationships with leading educational
institutions and professional bodies across the world. It is seeking membership
of The Institute of International Accounting Education and Research (IAAER),
USA and American Accounting Association (AAA), USA.
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Certification
and Designation
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The certification
is modular. The successful students of the MS (Accounting) program will
be awarded a certificate of pass for each level by the ICFAI University.
Only those students who complete all the three levels successfully will
be awarded the MS (Accounting) Degree from the ICFAI University and the
designation of CPA will be conferred by the Society of Certified Public
Accountants (SCPA) subject to fulfillment of the requisite criteria.
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SCPA has
developed a comprehensive code of ethics and standards of professional
practice. All the members will be required to strictly adhere to the code
of ethics and standards of professional practice as stipulated by SCPA
from time to time.
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