Chartered Accountants Ireland (CAI)

A holder of an Irish Chartered Accountant (ACA/FCA) credential may be eligible sit for the International Qualification Examination (IQEX) if he or she is a member in good standing of CAI and meets the eligibility criteria set forth in the 2017 Mutual Recognition Agreement (MRA).

Member in Good Standing

You must be a member in good standing with Chartered Accountants Ireland.

Education

You must have completed one of the following entry routes to the ACA/FCA credential:

• A relevant ordinary baccalaureate degree plus the completion of CA Proficiency 1 (CAP1) and CA Proficiency 2 (CAP2); or
• A non-relevant ordinary baccalaureate degree plus the completion of CAP1 & CAP2; or
• A relevant honours baccalaureate degree plus completion of CAP2; or
• A non-relevant honours baccalaureate degree plus a one year full time post graduate award plus the completion of CAP2; or
• A relevant honours baccalaureate degree plus a relevant master’s degree.

Examination

You must meet the following examination requirement:

• Have passed Chartered Accountants Ireland’s Final Admitting Examination.

Experience

You must meet the following experience requirement:

• Have completed a minimum of three years of relevant work experience prior to obtaining the ACA/FCA credential and being admitted to membership in the Chartered Accountants Ireland AND
• Have completed an additional two years of relevant work experience after obtaining the ACA/FCA credential and being admitted to membership.

Continuing Education

You must be in compliance with the CPE requirements of Chartered Accountants Ireland.

Materials to Be Submitted

The following documents must be submitted to support your application:

• Letter of Good Standing from Chartered Accountants Ireland
• To confirm the additional experience after membership has been completed, you will need to submit a Verification of Experience form.
• If the supervisor that signs your Verification of Experience form is not licensed as a CPA in the U.S., you will need to submit a Verification of Supervisor’s Licensure form.

Exclusions

Irish ACA/FCAs who obtained their Irish credential by qualifying under a reciprocal agreement that the Irish Institute may have with another professional accountancy organization are not eligible under this agreement. This includes all mutual recognition agreements, reciprocal membership agreements, and other similar agreements which the Irish Institute may have, at any time, had.