A holder of the UK Chartered Accountant (CA) credential may be eligible to sit for the International Qualification Examination (IQEX) if he or she meets the eligibility criteria set forth in the 2018 Mutual Recognition Agreement (MRA).

Member in Good Standing

You must be a member in good standing with the Institute of Chartered Accountants of Scotland. Your application will not be complete without this Letter of Good Standing.

Education

You must meet one of the following education requirements:

  • completed ICAS’ Graduate Entry Route and, in addition, hold at least a baccalaureate or higher degree and completed the ICAS CA Qualification Program including the Test of Professional Expertise (TPE) and the Advanced Finance, Financial Reporting, Assurance & Business Systems, and Taxation modules at Test of Professional Skills (TPS) or
  • completed the forerunner modules prior to 1995

Examination

You must meet one of the following:

  • passed ICAS’ Test of Professional Skills (TPS) and Test of Professional Expertise (TPE) or
  • passed an equivalent examination in a graduate program at a post-secondary institution recognized by ICAS and Test of Professional Expertise (TPE) or
  • completed the forerunner modules prior to 1995

Experience

You must meet the following experience requirement:

  • completed a minimum of 3 years of relevant work experience prior to obtaining the CA credential and
  • completed an additional 2 years of relevant work experience after obtaining the CA credential.

Continuing Education

You must be in compliance with the CPE requirements of ICAS.

Materials to Be Submitted

The following documents must be submitted to support your application:

  • Letter of Good Standing from the Institute of Chartered Accountants Scotland
  • If ICAS is not able to confirm on the Letter of Good Standing that the additional experience after membership has been completed, you will also 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

UK CAs who obtained their UK credential by qualifying under a reciprocal agreement that ICAS may have with another professional accountancy organization are not eligible under this agreement. This includes all mutual recognition agreements, reciprocal membership agreements, and similar agreements which ICAS may have or may have had at any time.

FORMS

Letter of Good Standing Scotland
Verification of Experience ICAS
Verification of Supervisor Licensure ICAS

USEFUL LINKS

Mutual Recognition Agreement with Institute of Chartered Accountants of Scotland
IQEX Candidate Bulletin
IQEX Frequently Asked Questions
Prometric
AICPA

CONTACT US

Toll Free: 1.888.MY.NASBA
Call Center Hours:
Monday-Thursday 8 a.m. - 2 a.m. Eastern
Friday 8 a.m. - 5 p.m. Eastern

Phone: 615.880.4250
Fax: 615.880.4290, Attn: IQEX Coordinator
Email: [email protected]

Mail: IQEX Coordinator
NASBA
PO Box 198469
Nashville, Tennessee 37219-8469