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ACCA vs CPA

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Anoop Maheshwari

DM

20 Points Joined November 2013

Hello all,

After working for 15+ years, what is the most suitable course for a CA to upskill himself. How is ACCA compared against CPA-US. Does it add have any value proposition in your career path? If someone is self employed or working for a MNC, which makes more sense to do?

Please do post inputs/ suggestions or your firsthand experience

Replies (1)

Rama chary Rachakonda

Master in Accounts & high court Advocate

8756 Points Joined December 2011

Let's break down the ACCA and CPA-US certifications to determine which one suits you best.

*ACCA vs CPA-US: Key Differences*

- *Global Recognition*: ACCA is widely recognized across 180+ countries, focusing on international accounting standards and corporate governance.

In contrast, CPA-US is highly regarded in the United States, emphasizing U.S. accounting practices and auditing standards. -

*Syllabus*: ACCA's syllabus includes 11 mandatory subjects, covering knowledge, skills, and professional levels.

CPA-US, on the other hand, consists of four exams: Auditing & Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation. -

*Eligibility*: ACCA requires completion of Class 12 examinations with specific percentage requirements, while CPA-US demands 120 credits for the exam and 150 credits for licensure.

*Career Opportunities and Salary* - *ACCA*: - Job roles: Financial Accountant, Management Accountant, Corporate Treasurer, Financial Controller, and Finance Manager. - Top employers: Big 4 firms like PwC, EY, Deloitte, and KPMG, as well as MNCs like Embassy Group and PepsiCo. -

Average salaries: INR 7.8 lakhs per annum (entry-level), INR 12 lakhs per annum (mid-senior level), and INR 19 lakhs per annum (senior level). -

*CPA-US*: - Job roles: Corporate Controller, Tax Examiner, Business System Analyst, Public Accounting, and Forensic Services. -

Top employers: Deloitte, PriceWaterhouseCoopers, Ernst & Young India, and KPMG. -

Average salaries: INR 6-7 lakhs per annum (entry-level), with potential for vertical career growth. *Which One Makes More Sense?* -

*For MNCs*: ACCA might be a better fit due to its global recognition and focus on international accounting standards. -

*For Self-Employed Professionals*: CPA-US could be more beneficial if you're looking to work with U.S.-based clients or provide accounting services in the United States. - *Ultimately*: Consider your career goals, industry, and geographic location when deciding between ACCA and CPA-US.¹

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