The CPA licence is globally recognised and opens up many new avenues & career opportunities. This licence is highly prestigious because it requires not only a solid education or degree but also practical work experience. It’s a testament to both academic knowledge and real-world expertise.
Becoming a CPA is a challenging journey that demands dedication, long hours of study, and a deep understanding of concepts. It requires perseverance and commitment to succeed. The benefits I’ve gained by becoming a Certified Public Accountant (US CPA) outweigh the efforts it took me to get here. If you’re just starting out and exploring your career options, here are the top 6 reasons why becoming a CPA is totally worth it.
It’s no surprise how much more earning potential one can acquire from becoming a CPA. Once you possess your CPA licence after clearing all the examinations, you will have a wide entryway to substantial pocket work and a good career prospect. The investment you make in the course is often recouped within a few months of starting your first job. Your initial package starts between 6-8 LPA in India and $70K – $80K per year in the USA.
Nothing compares to the enhanced earning potential you can enjoy throughout your career. CPAs can often expect to earn over $1 million more than their non-CPA peers over a 40-year career. Now, how can you say No to that? 😮
Every big business needs a robust accounting department. And, if they are listed on the American Stock Exchange (NYSE or NASDAQ), they definitely need a US CPA. This is due to the requirement for businesses to be audited under the Sarbanes-Oxley Act. This built-in job demand ensures that you can find opportunities in virtually any industry imaginable. You can get hired for a reasonable job at one of the Fortune 500 companies, small tech startups and everything in between. You’ll be qualified to work at public accounting firms even if they are big and small. And, the best part is, you can even start your own accounting practice in India or abroad. The career possibilities are truly endless. Not many other high-profile careers can make such a claim which makes becoming a CPA so valuable.
The CPA designation is highly coveted and respected in the global accounting community. Be it your foreign clients, team mates or business associates, everyone understands what is the value of a US CPA. CPAs are usually considered to be the most trusted advisor in the business community.
The depth of knowledge, skills, and ethical standards needed just to become a CPA are higher than almost any other professional designation. Within the accounting community, a CPA licence is the gold-standard because it signifies that you’re truly serious about your craft and career.
To work for International companies, you need to have a CPA licence whether you want to work in America, Australia, Canada, UK, UAE or any other part of the world. Big MNCs especially the Big 4s i.e., EY, KPMG, Deloitte and PwC, seek CPAs for their Finance and Accounting processes.
It would be an understatement to say that a CPA licence will open up plenty of career opportunities for you. It not only opens up doors at every step of your career but it also boosts up your designations at most of the MNCs. Yes, you can be a highly successful and qualified accountant without a CPA licence. However, your access to upper and mid-level roles at international organisations are mostly awarded to CPAs licence holders. qualified CPA.
Here are the job roles and remuneration for a qualified CPA
