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CPA or Certified Public Accountant is recognized to be one of the most demanding professions in the finance and accounting sector which is administered by AICPA or American Institute of Certified Public Accounts.
If you are willing to build a successful career and earn an attractive package in the field of accounting, the CPA courses might be a smart choice for you. A prominent reason why people choose to become CPA is that they can find better and more opportunities within a short period. Thus, they can gain success in their career without encountering too many hurdles. CPA is believed to be a powerful certification which will bring stability in the career. To appear for the examination, it is necessary to accomplish the eligibility.
Eligibility for the CPA examination
To appear for the CPA examination, it is a prerequisite to becoming a member of the Institute of Chartered Accountants of India. You should also become a member of the Company Secretaries in India, Member of the Institute of Cost and Works Accountants in India. In addition to this, it is a prerequisite to a clear Master of Commerce and MBA.
Scope of CPA in India
Once you become a CPA, you will be capable of working from any part of the globe. The CPAs are known to be hired by different subsidiaries of multinational companies in India. Indian companies that have raised funds from the capital markets of the United States also hire Certified Public Accounts. In addition to this, CPAs can also seek opportunities in F&A companies. They can also work as auditors of multinational companies.
Companies hiring CPA professionals
There is a wide assortment of opportunities for students, who qualify for the CPA examination. At present, United State organizations having Indian offices are also hiring the public certified accountants. As the number of CPAs is visibly less in Indian Market, the majority of the companies are sponsoring the CPAs. Also, there are a plethora of jobs in Financial Planning and Analysis, Taxation, Auditing, and different profiles in India. Few of the prominent companies that are hiring Certified Public Professionals include Genpact, Philips, Deloitte, Accenture, Cognizant, etc. If you have sufficient knowledge, you will become successful as a CPA professional.
The Certified Public Accountants are also found to work for BIG4. BIG4 happens to be one of the leading professional accounting organizations which provide taxation, assurance, auditing, accounting, risk assessment, and control, consulting, legal services, to a plethora of clients across the globe. Few popular clients of BIG4 include PriceWaterhouse Coopers, KPMG, Deloitte, Ernst, and Young. The services, provided by these firms are in higher demand and thus they have gained high popularity in hiring the CPAs in India. A worth mentioning reason why these companies are hiring CPAs is that the Certified Public Accounts can provide a plethora of such services without any hassles. In addition to this, they are known to be well versed in US GAAP and IFRS reporting.
The CPAs are also known to work for financial service organizations. They are capable of handling international and financial accounting, as well as corporate governance, easily. They are hired for different types of profiles in the financial services firm.
If you are a CPA aspirant, you should make sure to follow the course material of HOCK International to make the best preparations for the examination which will be useful to you in clearing the examination on the very first attempt. CPA can bring a well-respected career to you. You can get a stable career along with a high paying salary after becoming a CPA. In addition to this, it will open new doors of opportunities for you.