Posted on 29/11/2018
Non-Graduate CAs (Chartered Accountants) with three years of experience can now become registered valuers, with the Ministry of Corporate Affairs amending the rules in this regard. A registered valuer is required to carry out the valuation of assets, the net worth of a firm or its liabilities as required under the Companies Act, 2013.
Previously a CA having three years of post-qualification experience and qualified as a graduate was allowed to become a registered valuer. “Now, a chartered accountant is not required to be a graduate to become a registered valuer,” the Institute of Chartered Accountants of India (ICAI) said in a release.