What is better, CPA or ACCA for a qualified CA working in India?

Let’s Talk Business Accounting and Finance What is better, CPA or ACCA for a qualified CA working in India?

  • Post
    Uttam Pai
    Participant
    Both CPA and ACCA are premier accounting degrees from the USA and UK, respectively. Both are equivalent to the CA qualification in India. The Key difference between CPA and ACCA is the GAAP they specialize in. CPAs are considered experts in USGAAP (used by companies listed on NYSE), while ACCAs work with UK GAAP (used by companies listed on LSE). Both accountants are considered equally well versed with IFRS (widely used in Europe).

    Another major comparison point is the number of exams, while ACCA has up to 16 subjective style exams, CPA only has 4 objective style exams. ACCA may take multiple years to complete, whereas most people can complete CPA in one year. However, this difference in style of testing doesn’t result in a difference in salary. Both accountants get paid comparably and being a CA on top, surely adds value.

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    Akshay M
    Participant
    Yes because ACCA will give you international recognition which increases your geographical scope.

    In acca there are 14 total paper if you have completed CA final you will exempted from 9 papers n if u hvae cleared ipcc then 5 paper will be exempted. Which makes it lot easier (no of paper wise) ur 2.5yrs acca course will be reduced to almost a year

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