Accounting & Commerce

Dear aspirant, Glad to meet you. Since it is not possible to take advantage of the ACCA membership to get exemptions from the US CPA exam, I suggest that you target one not both. Regarding which qualification is better, it is like a question on Coca Cola vs. Pepsi: it really depends on where you plan to work. For ACCA, the application process is much simpler, and the entry barrier is lower than the CPA. However, it takes years to complete the studies and obtain membership. While ACCA is globally recognised, it is not as highly regarded outside the UK and Commonwealth countries. The US CPA is arguably the most prestigious accounting qualification. The entry barrier is high with an equivalent of a Masters degree together with strict working experience requirements. Because of these stricter requirements, the CPA Exam itself has fewer parts than the ACCA only 4 sections compared to 14 papers for the ACCA. Hope it helps.