The MCA amended a policy on Graduation as an essential qualification of CA for registered valuers on Monday. As per the latest amendment, non-graduate chartered accountants with three years of experience can register as a valuer.
“The criteria for becoming Registered Valuers for Chartered Accountants has been changed. Any Chartered Accountant, having three years of Post-Qualification experience as a Chartered Accountant can become a Registered Valuer. Now, a chartered accountant is not required to be a graduate to become a registered valuer,” said the release. Source: MCA
A registered valuer is required to carry out valuation of assets, net worth of a firm or its liabilities as required under the Companies Act, 2013.