This question is central to anyone who’s ever considered becoming a CPA. Like all good things in life, CPA takes time and effort. But this effort makes the fruit of your labour taste sweeter. While everyone has their own unique goal and definition of happiness, here are five objective measures of happiness and success that you can achieve after becoming a CPA. Let’s dive in, shall we?
Once you are a Licensed CPA, there are numerous dynamic opportunities. As a CPA you are employable across the world and in all industries at managerial and leadership roles. Ofcourse, it totally depends on the skills you’ve acquired and what you desire. CPAs play important roles in financial decision making at all the organisations which are listed on NYSE or NASDAQ.
Meanwhile, CPAs are in higher demand in India these days and it is not likely to change anytime soon. In today’s world, every major MNC hires a CPA because these multi-billion dollar businesses rely on the evaluation, analysis and decision making skills of CPAs as they are trained to be the key financial decision makers. Basically, you can say that CPAs go to big offices & get hired at higher positions very quickly due to their understanding of money and how it flows.
AICPA is the world’s largest member association representing the field of accounting. After passing the challenging CPA exams and earning your CPA licence, you become part of this distinguished fraternity of world-class finance and accounting professionals. Be it your foreign clients, corporate colleagues, peers and even bosses; everyone knows what the designation of a CPA means.
It feels great when all the hard work pays off and you achieve a level of expertise beyond that of a standard accountant.
The organisations which are listed on NYSE/NASDAQ or any other American Stock Exchange have to employ a CPA as per the laws announced by Securities Exchange Commission (SEC), which is equivalent to India’s Security and Exchange Board of India (SEBI).
Earning a CPA licence is a pretty big deal. It represents an individual’s focus, potential and commitment towards excellence. A CPA licence is also very important for those who desire a higher level of authority and responsibility.
CPAs acquire key roles with relative ease due to the holistic education provided across four disciplines i.e. Auditing, Financial Accounting and Reporting, Tax Regulation & Business in the CPA curriculum. This curriculum also helps build quick thinking, analytical & logical reasoning skills. This means CPAs are uniquely qualified and highly desirable candidates for significant job roles which require decision making.
US CPA is recognised in 130 countries around the world. Indian students who become CPAs find easy and high paying employment at major accounting organisations i.e. BIG 4 or BIG 6 and leading MNCs in countries i.e. (in descending order for level of difficulty in immigrating) USA, U.K, New Zealand, Australia, South Africa, Canada, UAE.
Salary is considered to be an important criteria while you are looking for a job. And, fortunately, there are numerous salary benefits available for those who are opting for CPA. Once you clear the 4 CPA examinations, it opens the gateway to good career prospects. The investment you make in the course is often recouped within a few months of starting your first job. CPAs employed in India earn upto 53% more than their peers. CPAs experience a high pay scale starting at 7.5 lakhs for freshers. While across the globe, CPAs earn 63% more across the span of their career as compared to their peers.
Well, aren’t these reasons something? They sure are and these are the basic ones you need to know if you are thinking to pursue US CPA. Rest, depending on your personal goals and capabilities, your CPA journey may give you even more benefits. All you need to do is, find out what your inner self wants and go for it!
