It might be challenging to decide between an ACCA or CPA certification for prospective accountants and financial professionals. With both credentials offering unique advantages, determining which is the best match for your profession can be difficult. This blog will examine the distinctions between the ACCA and US CPA course certificates and offer advice on whether one is more appropriate for your particular career objectives.
What Is ACCA?
The Association of Chartered Certified Accountants (ACCA) is a globally renowned professional accounting certification. Its main priorities are the highest standards of professional accounting, ethical behaviour, and financial management. You must pass 14 tests to become ACCA certified. The subjects covered in the tests are taxation, auditing, financial management, and company law. Many accounting roles require the ACCA certification, which is frequently regarded as the industry’s gold standard.
There are three levels to the ACCA course syllabus. It goes into depth and detail about a wide range of topics.
- Knowledge Level – 3 Papers
- Skill Level- 6 Papers
- Profession Level – 4 Papers
ACCA Course Eligibility And Duration
This course generally lasts from six to twenty-four months. To enrol in this course, one must have a minimum of 50% in other disciplines and an overall score of 65% in maths, accounting, and English.
What Is CPA?
Another well-known accounting credential is the Certified Public Accountant (CPA). All 50 states accept it, provided by the American Institute of Certified Public Accountants (AICPA). You must pass the Uniform CPA Exam in order to become a CPA. Topics, including taxes, auditing, financial management, preparing financial statements, and company law, are all included in this test. Given that it shows a high degree of competence and trustworthiness, the US CPA course certification is frequently seen as a crucial accreditation in an accountant’s career.
The four tests or topics that make up the CPA course syllabus.
- Auditing and Attestation (AUD)
- Financial Accounting and Reporting (FAR)
- Regulation (REG)
- Business Environment Concepts (BEC)
CPA Course Eligibility And Duration
Exam: Graduate plus one year of postgraduate study (120 credits).
Licence: Graduation plus post-graduation (150 credits).
So Which Is Better For Your Career?
While both certifications are important and can help you become a successful accountant, it ultimately depends on your career goals. It is critical to investigate the ACCA and US CPA course eligibility and each qualification before choosing the ideal one for you and your professional objectives. The CPA may be the better option if you plan to work in the public sector. The ACCA may be the better option if you plan to work in the private sector.
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