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Non-graduate CAs can also become registered valuers

By Admin |
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Who is a registered valuer? It is someone who can evaluate the net worth of a firm, and its assets and liabilities under the Companies Act, 2013.

Do you see yourself as a registered valuer in the future? Now you can become one, even if you do not have a graduation degree. But, you must be a Chartered Accountant with 3 years of experience to be able to register as a valuer with the Ministry of Corporate Affairs.

Previously, to become a registered valuer one had to be a CA with 3 years of work experience and a qualified graduate, but now that the eligibility criteria of a valuer has been tweaked, having a graduation degree is no longer mandatory.

It was communicated by ICAI to the Ministry of Corporate Affairs that the current CA course approved by the government of India requires a student to clear 10+2 exams in order to become eligible. Nowhere does it state that the student also has to be a graduate. So, a CA may or may not be a graduate.

However, to become a registered valuer, one must clear the valuation exam conducted by the Insolvency and Bankruptcy Board of India (IBBI).

The syllabus for the exam has already been released by the IBBI and the exam will be conducted from 1st April, 2019.

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