CPA

"The Chartered Accountant course is conducted by the Institute of Chartered Accountants of India (ICAI) whereas CPA is an exam conducted by the American Institute of Certified Public Accountant (AICPA). CPA course requires anywhere from 7 months to 1 year to complete. CPA is a global qualification that covers International Financial Reporting Standards (IFRS) and the Generally Accepted Accounting Principles in the US (USGAAP). CPA provides accounting professionals with a wide range of career opportunities in the US and various other major countries of the world especially in multi-national companies that originate or operate from the US soil. To take the CPA exam, you need to have a B.Com degree with 1st class or a B.Com degree along with a postgraduate degree. You can also appear for the exam if you have a B.Com degree and an Indian CA qualification. Further, you need to have at least one years experience of working in the Accounting and Finance industry to apply for a CPA license. CPA is an online exam with 4 sections which are Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting and Regulation. However, after you pass the first exam a time limit of 18 months applies to pass the other three exams. To clear each CPA exam, you need to score above the 75th Percentile to pass the exam. ". .

You can think of taking up the following courses:
Chartered Accountant CA India) CA is a renowned course within commerce folks in India. The Certificate issued by the Institute of Chartered Accountants of India - ICAI, is a 3 level exam spread over 4-5 years on an average that provides a deep understanding of India GAAP and other relevant subjects. The scope is broad in the Indian sub-continent, where professionals also choose to open up their own practice. Certified Management Accountant - US CMA is a well-known course among the management and cost accounting professionals. The Certificate issued by the Institute of Management Accountants - IMA, provides a deep understanding of managerial decision making and cost measuring concepts. It also includes an introduction to fintech subjects helping the professionals be industry and tech-ready. Company Secretary CS India) CS course is another course famous among the commerce/accounting professionals in India. The course is built around the objective to have high caliber professionals facilitating good corporate governance. Other courses you can check out:
Certified Public Accountant - US CPA is a wildly popular and recognised accounting designation in the US and other foreign countries. One of the 55 State Boards of Accountancy in the US provides the CPA Certificate. The scope is vast and the content is crisp leading to jobs in various sectors and industries. Certified Financial Analyst CFA US) CFA covers a ton of accounting and finance topics including market risks and investment instruments. The Certificate is issued by the American CFA Institute. The scope is vastly in finance and hedge industries.

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.

In order to be eligible for the CPA exams, one would need 120 education credits. Generally, 1 year of university education in India contributes to 30 credits, I. e. , at the end of 3 years, a graduate will have 90 credits. If the case is that the student graduated from a NAAC A college, then, the same student will get 40 credits per year, summing to 120 credits at the end of 3 years. In your case, if your college is NAAC A, you'll have 120 credits and are good to take up the exams. If it is not NAAC A, then you will have 90 credits. You will have to take up a Diploma programme or a master's programme to get the additional 30 credits to be eligible.