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CPA USA V/S ACCA

  • 2019-06-15
  • In CPA USA
CPA USA V/S ACCA
ACCA( Association of Chartered Certified Accountants ) is the world’s leading and fastest-growing international accountancy organization which provide high standards of employee learning and development. ACCA provides you skills and knowledge about all areas of business, financial statements, management accounting, business taxation and also business ethics, A CPA( Certified public accountant ) is the highest standard of competence in the field of Accountancy across the globe. The exam is administered by the American Institute of Certified Public Accountants (AICPA), which is the world’s largest accounting body. Exam Papers: There are only four papers to pass in CPA exam ( FAR, AUD, BEC and REG) , whereas 14 papers in ACCA - Fundamental (Knowledge and Skills)- 9 papers and Professional (Essential and Option)- 5 papers. Exam Duration: ACCA exams can be written only in March, June September and December, whereas CPA exam is conducted in every month. Eligibility Requirements: Generally Bcom can sit for the CPA exam in the US by some states, however, Mcom is recommended in long run, whereas ACCA- 12th passed Candidate could also be eligible. Exam Duration : CPA on an average takes 9-10 months to complete, whereas ACCA varies from 6 months to 2 years due to exemptions Course fees : Course fees for CPA USA is 2400 USD, whereas ACCA course fees is 1800 USD approximately Who have more Scope in India : CPA USA course in India would be more in scope than ACCA and have better job opportunities, the very reason is there are lot of US companies in India than UK companies, also many US companies like Accenture, Cognizant, Capgemini, WNS are doing more offshoring in India and hiring more apart from Big4s who already hires CPA in large chunks, CPA also can open their own firm and practice in India too.whereas ACCA is only hired by Big4s and the opportunities are quite limited. Training Insitutes for CPA and ACCA : CPA USA training in India is currently given by Simandhar education, Miles , Edupristine etc whereas ACCA training is currently given by ISDC , Global FTI Bangalore etc , there are many who have directly tied up with University and Colleges , have integrated the ACCA content directly in the syllabus To know more details on the courses, you may visit www.simandhareducation.com

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