Benefits of acquiring a CPA qualification and it’s relevance in India.
- CPA is the highest professional accounting qualification in U.S.A. and is recognized internationally, including India.
- Job opportunities for CPA’s exist all over the world.
- CPA confirms knowledge of U.S. GAAP and GAAS protocols.
- The Australian and Canadian Chartered Accountants have a reciprocal arrangement with AICPA, U.S.A.
American CPA’s automatically qualify for membership in both Canadian and Australian Chartered Accountant societies
After liberalization, American companies like GE Capital, JP Morgan, Ford Motors, General Motors, Microsoft, Oracle, Coke, Pepsi have set up shop in India. They require professionals who have thorough knowledge of U.S GAAP.
Indian corporates like Infosys, ICICI, Wipro, Satyam, Reliance, HDFC Bank have issued ADR’s in U.S.A. Due to the listing requirements of the Securities Exchange Commission (SEC, U.S.A) these companies need to get their financial statements audited by CPA’s. Every quarter these companies have to send their financial statements to SEC. These financial statements have to be presented according to U.S GAAP, hence these companies require CPA’s with thorough knowledge of U.S. GAAP.
Public Accounting firms in India like Pricewaterhouse Coopers, KPMG, Ernst & Young, employ CPA’s to do U.S. GAAS audit. All U.S companies as well as Indian companies listed in U.S have to get their financial statements audited by specialists who have thorough knowledge of U.S GAAS and U.S GAAP. A CPA designation confirms knowledge of U.S GAAP and U.S GAAS.
- Members of the Institute of Chartered Accountants of India.
- Members of the Institute of Cost and Works Accountants in India.
- Members of the Company Secretaries in India.
- Master of Commerce
Evaluation of foreign credentials :
Every state in U.S.A has different rules regarding the eligibility of candidates appearing for the examination. Foreign candidates ( including Indian candidates) have to get their academic qualifications evaluated by an independent agency, suggested by the state board, to confirm that h/she is eligible to appear for the CPA examination
BOOST YOUR ACCOUNTING CAREER WITH US CPA
Biggest Employers of US CPA in India!
To qualify for the CPA, you need to meet certain requirements:
1.Members of the Institute of Chartered Accountants of India. 2. Members of the Institute of Cost and Works Accountants in India. 3. Members of the Company Secretaries in India. 4. Master of Commerce 5. MBAs
It’s easy to enroll with SV EDUCARE CPA program. We have flexible learning experiences and comprehensive resources made for you.
We will help the students to find out where, when and how to apply to sit for your CPA exam.
SV EDUCARE Unique revision program will give you that extra boost before the exam.
Your exam Success Formula: Prepare and Pass with SV EDUCARE own study tools, question bank and problem solving essay questions.
SV EDUCARE make sure you receive the best preparation for your exams. We will conduct mock exams and tips for success
To earn your CPA you need to meet work experience requirements. Contact your State Board for full details. As a CPA, you need to maintain your license with CPE credits. SV EDUCARE not only has a full guide on requirements but has a range of CPE offerings to help you meet them.
CA VS US CPA
CA (Chartered Accountant)
CPA (Certified Public Accountant)
|PASS PERCENTAGE||16% as on 2018||Around 50% across papers|
|EXAM STRUCTURE||3-4 years||2-4 years|
|PROGRAM DURATION||3 Level of exams||Just 1 exam|
|OPPORTUNITIES||India||India and Global|
|EXPENSE||Program cost low if time and opportunity cost not accounted||Program fees slightly higher|
|SALARY||If a CA earns x amount||CPAs are earning 15% – 40% more then a (x) CA|