CPA Salary in India; Career Opportunities, Scope, and Job Roles

The CPA is a globally recognised accounting credential with rising demand in India, offering lucrative salaries and opportunities in auditing, finance, taxation, and consulting. Refer to this article for CPA salary in India, including career scope, average salary at entry level, and more.

CPA Salary in India

CPA Salary in India: The Certified Public Accountant (CPA) is a professional having a globally recognised accounting credentials. Demand of a CPA qualification is steadily rising in India which has bought along lucrative pay packages. CPAs land rewarding job opportunities in auditing, finance, taxation, and consulting roles. With the growing demand, one of the most common questions among aspirants is about the CPA salary in India. 

Scroll down for details on CPA average salary, and factors that influence CPA salary in India. Additionally, get details on CPA salary in India with career scope and job roles.

Who is a CPA?

CPA is a globally recognised professional designation in the field of Accounting. A CPA is trained to handle multiple responsibilities, such as auditing financial statements, preparing tax returns, managing compliance, etc.

In India, CPA are treated equal to a CA professional; however, CPAs are not allowed to perform tax audits as per the Income Tax Act. A CPA in India can find job opportunities in multinational corporations, Big 4 accounting firms, and global consulting companies that follow US GAAP and IFRS standards. Unlike other Indian accounting certifications (CA, CS, CMA), CPA is internationally accepted, making it a lucrative career option.

What do CPAs do?

CPAs in India handle tax, accounting, reporting, and audit processes for governments, companies, or individuals. Daily work of a CPA will include reviewing financial information, ensuring compliance with regulations, preparing tax and audit reports, and suggesting bookkeeping improvements. CPAs typically work in an office setup and might have long working hours during tax season. Some of the key specialisations of a CPA professional include taxation, accounting, valuation, or financial planning.

CPA Salary in India: Overview

A Certified Public Accountant (CPA) in India draws more than INR 6 LPA. However, salary of a CPA professional in India varies depending on the employer, work location and experience. With a few years of work experience in the field, salary of CPA in India will lie between INR 12 to 20 LPA.

On the other hand, CPAs can expect around 100,000 dollars, in USA, Australia or Canada.

Compared with other accounting professionals, such as CA and CMA, CPAs earn higher packages, particularly in multinational corporations and Big 4 firms.

Also Check: How to Become a Chief Financial Officer (CFO)?

CPA Job Opportunities with Salary in India

CPAs can get several jobs in the field of accounting as well as finance. Most of the CPA professionals land a consulting job competing hand in hand with CA, CMA, and CS professionals. The table below mentions some of the top job profiles for CPAs in India, along with CPA salary in India:

Factors Affecting CPA Salary in India

Several factors will change the amount of salary drawn by CPA in India. Refer to the space below for some of the key factotrrs that will affect CPA pay scale in India:

• Level of work experience: Fresh CPAs earn modest packages, whereas professionals with years of expertise draw significantly higher salaries.

• Industry/Sector: CPAs working in Big 4 firms, IT, or financial services might have better salary than other smaller firms.

• Job Role: CPA have multiple job options, each job role for a CPA, such as auditing, taxation, advisory, and consulting, come with different pay packages.

• Location: CPAs placed in metro cities tend to draw higher salaries compared to those in non-metro cities.

CPA Scope in India

Moving forward, with financial regulation and the digitalisation wave in India, organisations require services of CPA professionals having an expertise in global accounting such as US GAAP, and IFRS. CPAs have an edge over other accounting professionals in India due to a lack of recognition. The global recognition of the CPA license provides opportunities to work in India as well as abroad in countries like the USA, Canada, Australia, and more.

With apt experience, CPAs in India can progress into senior roles, such as CFO, Finance Controller, or Partner in Big4 consulting firms with a lucrative pay package.

Read More:

• CFA vs CPA: Which is Better for You?
• CMA vs CPA: Differences and Similarities in Eligibility, Exam Difficulty, Salary, Job Options
• CPA (Certified Public Accountant) Admission
• Career after CA: Important skills, career opportunities and salary