It is the highest accounting certificate in the United States. Having a CPA accreditation from the United States provides worldwide respect for financial and accounting professionals. The four portions of the US CPA exam are:
- Business Environment and Concepts (BEC),
- Auditing and Attestation (AUD),
- Regulation (REG), and
- Financial Accounting and Reporting (FAR).
The following are some advantages of taking the US CPA exam:
- Widespread acceptance
- Comprehensive understanding of IFRS and US GAAP
- Ease of test success
- A wider range of employment options
How much do CPAs make?
US Certified Public Accountants (CPAs) are sought after by a wide range of firms and sectors. CPAs and auditors are often required by most businesses. In addition, the majority of CPAs engage in the fields of business consulting and tax preparation. High wages are a result of their training in the fields of finance and accounting. The average starting wage for a CPA in the United States is $66,000 per year, according to the AICPA’s study. With 20 years of experience, a CPA in the United States may expect to earn more than $160,000 per year.
What is the salary of a fresh US CPA in India?
In India, US CPAs are in high demand in a variety of businesses. For their competence in accounting and finance, they may expect to get paid well. Aside from that, the majority of businesses give substantial salaries to US CPAs to keep them around, along with incentives and raises. In India, the starting pay for a US CPA is roughly Rs 6 LPA.
CA and CPA earnings in India
A US CPA earns an average of Rs 9.25 LPA in India compared to Rs 6.5 to 7 LPA for CAs. Both of these credentials have a lot of room for advancement. In addition to the aforementioned benefits, US CPAs get yearly bonuses of 10% and raises of 5% or so. In addition, a wide range of circumstances affects the CPA’s pay. If you need help with CPA course eligibility, connect with AKPIS Professionals who offer the best help.
Career Opportunities for US CPA:
Given below are some of the best job roles in India for US CPA:
- Information technology Accountant
- Risk and Compliance Professional
- Accounting Software Developer
- Corporate Controller
- Senior Financial Analyst
- Personal Financial Advisor
- Finance Director
CPAs in India have a plethora of options when it comes to employment. Some of the Big 4 are now seeking US-based Certified Public Accountants, including EY and Deloitte & Touche. There are several accounting certification courses offered by AKPIS Professionals., including the US CPA course, CMA, CA, Diploma IFRS, and other credentials in the field. With professional assistance, students may navigate their way through virtual training. As an authorized GLEIM partner, you can rely on us to provide you with the most complete study aids.