articles

Home / DeveloperSection / Articles / Reasons Why students Prefer CPA over CA?

Reasons Why students Prefer CPA over CA?

Reasons Why students Prefer CPA over CA?

Arron Jack587 20-Dec-2019

CPA Exam Preparation can become challenging and stressful for individuals as Indian CPA is considered quite tough and demands extra courses for preparation if you are aiming to pass with good grades. CPA course is most critical as it demands meeting the set requirements however a good CPA course preparation can aid in passing the exam in the first try. Several organizations have developed CPA courses and test programs that assist candidates in excelling at the CPA exam. Some of these courses are self-study while others are required to be interactive sessions. These courses can be through media interaction or studied in person.

Importance of Indian CPA

Presence of Cpa is essential in business and not all accountants reach the position of Cpa as it is a high level of certification given to applicants who clear exams, possess practicing experience are licensed under laws to meet the accounting standards. The licensing matter is different in different states however it requires passing Uniform Certified Public Accountant Examination. In addition, CPAs must are required to take annual courses to stay updated with state laws. Cpa in firms is essential as it requires tax matter representation in front of clients before the Department of Internal Revenue Service. Today Indian CPA is high in demand. In the current market, Chartered Accountancy (CA) is described to give students fewer rewards compared to efforts put in and still today many students are lined up for enrolling in the course of CPA. Vishali CPA is amongst leading accounting firms that provide the best consultations regarding accounts and operational activities of the firm. Many students today lack awareness and knowledge regarding the existence of other career portals that can be highly rewarding, however many seem to choose the option that is readily available and is safe.

The difference in CPA and CA

Considering the in-depth analysis of CPA or Certified public accountant is a course that boosts up the career and solves accounting transactions internationally. Besides the CPA, The CA exam also is an accounting course

CPA is one level exam course comprising of 16 papers, if they are cleared then the individual attains membership of largest accounting body, has international prestige and is recognized globally in accounting department as the highest accounting certificate, it is a course that is completed within 7 to 8 months and requires a lot of effort and time to pass. Cpa is a degree that can be attained in shorter time provided that the subjects are cleared whereas CA results in enabling individual to get membership of second largest accounting association, it has a lot of demand and capability in India, however, its scope is minimal compared to CPA and it is required to be completed within 4 to 5 years which is larger than CPA

Preference to attain CPA over CA

 Students prefer to attain CPA due to

• Ease in exam pattern and concept building stressed by experts

• Use of curriculum that is updated and multiple-choice exam pattern for evaluating students intellectual skills

• Studies are made to be flexible where work experience requirement has been waived off.

• Graduates prefer CPA whereas CA is preferred by graduates

• Cpa offers a better cost advantage over CA

• Requires 1-year course expenditure of 2.7 to 3 lack of amount in comparison to 1.5 lacs charged by CA

• Cpa offers a great return compared to CA, h

• Cpa exams are held frequently in comparison to CA

• Cpa are preferred as their students can qualify for Canadian and Australian chartered accountancies

• Students prefer CPA as the CA exam is no assurity of gaining meaningful jobs that pay right.

However, CA students are not as interested in CA, as they have to spend long hours in subject preparation that has no importance in the practical world. Institutes demand high work experience for licensing from CA students which can be stressful. It is a stressful course comprising of three years of study and work experience known as article ship training. The cost of the Chartered Accountancy course is 1.5 lacs for about a period of four years.


Updated 23-Dec-2019
This is Arron from Virginia. I'm doing job at Greymedia as Accountant.

Leave Comment

Comments

Liked By