Note: Offer Starts on 25th October & Ends on 15th November.
In India, there’s an insufficiency of accounting professionals with practical knowledge and expertise in international standards. Professional courses refer to education and training which match the industry’s needs. These courses focus on career development and skill-building. For any organization, the entry-level requirements may vary depending on the sector, but these courses are mandatory for many industries and professions. After the completion of any specialized professional course, job aspirants can easily find employment because of their wide acceptability in the organizations.
To acquire advanced skills, many people go for professional courses. These courses help you upgrade your skills and are often adjusted according to the industry’s requirements, which benefits both working professionals and new aspirants.
US CPA (Certified Public Accountant), US CMA (Certified Management Accountant) and IFRS (International Financial Reporting Standards) are the most valued and respected certifications for finance and accounting professionals.
CPA (Certified Public Accountant) is a designation given by AICPA to individuals who have passed the Uniform CPA exam and met the required and relevant experience. The CPA designation enforces high professional standards in the field of accounting.
US Certified Management Accountant (CMA) is a designation that signifies expertise in strategic management and financial accounting. US CMA certification builds on the proficiency of financial accounting by adding management skills that aid in making strategic business decisions. IMA (Institute of Management Accountants) issues the US CMA certification.
International Financial Reporting Standards (IFRS) are accounting standards that are issued by the IFRS Foundation. The IFRS course offered by the Association of Chartered Certified Accountants (ACCA) is one of the most appreciated and respectable qualifications across the globe.
Career Scope for US CPA:
The US CPA degree paves countless opportunities to work for some of the most renowned companies around the world.
Becoming a CPA can lead to several career options:
Public Accounting: In public accounting firms, CPAs provide services encompassing accounting, auditing, tax, and consulting services for clients of any size. The auditing of financial statements of public and private companies is a highly coveted job.
Business, Government, and Not-for-Profits: In this broad field, CPAs can hold a variety of positions ranging from financial analysts and staff accountants to CFOs. They are responsible for recording, analyzing, and reporting financial information for organizations. Additionally, they perform budgeting and internal auditing functions.
Specialist: CPAs also provide services in specialized areas. CPAs assist organizations by conducting risk assessments as well as analyzing, and implementing systems improvements and revisions, in managing their information technology, including the massive amounts of data collected.
Financial Advisor: CPAs also serve as financial advisors to individuals by making informed financial decisions on their behalf to help them manage their finances related to home purchases, college savings, starting a business, and retirement planning.
The CPA certification paves countless opportunities to work for some of the most renowned companies around the world.
Mentioned below are some of the best jobs in India for a CPA:
- Senior Financial Analyst
- Risk and Compliance Professional
- Corporate Controller
- Accounting Software Developer
- Information technology Accountant
- Personal Financial Advisor
- Finance Director
There are indeed many job opportunities in India for US CPA-qualified professionals. Obviously, there are the big 4s like Deloitte, EY, etc where CPAs have an opportunity. Apart from the big 4s, there are many more international companies like PwC India hiring CPAs even right now. According to Naukri.com, there are around 26,426 job openings for a CPA in India as of now and this number keeps increasing, changing every day.
Benefits of US CPA Certification:
CPA Salary in India:
Certified Public Accountants are in demand across many industries. They can command high salaries because of their expertise in financing. Also, many companies retain the CPA’s accounting talent by paying good salaries along with hikes and bonuses.
The average salary for a Certified Public Accountant (CPA) in India is ₹701,387.
Career Scope for US CMA:
US CMAs work in accounting, corporate finance, and strategy teams in a company. They can parse data from many sources to inform performance improvement. Besides, they contribute to strategic business decisions.
Certified Management Accountant’s work experience can be summarized as follows:
- Create strategies to improve various external and internal risks.
- Identify investment management opportunities.
- Arrange financing and funding options.
- Supervise lower-level accountants.
- Monitor and administer compliance.
US CMA is in great demand in the Finance, Banking, Private and Government sectors. In India, the most common industries to employ US CMAs include:
- Educational Services
- Medical and health services
- Insurance and real estate
- Communications and utility services
Employment Areas and Opportunities:
US CMAs are uniquely qualified for different positions in the industry. Here are the few job areas of US CMA:
- Financial reporting
- Performance management
- Internal controls
- Planning and budgeting
- Cost management
- Investment decisions
- Profitability analysis
Skills gained while pursuing the US CMA certification enable the professional to connect the concepts of accounting to finance applications. Moreover, US CMAs hone financial data analysis and accounting, which can be leveraged to make strategic business decisions and to improve performance. In addition, US CMAs are experts in budgeting and cost management.
There are many opportunities for a US CMA qualified individual in India. Leading global companies such as Amazon, Accenture, HPE, Larsen & Toubro, Wipro, and Cyqurex have partnered with IMA to seek talented CMA holders for internships and job placements within their organizations across India. As per Naukri.com, there are around 34,035 job openings in various companies for a US CMA.
Benefits of US CMA Certification:
CMA Salary in India:
As the highest management accounting credential, CMAs are sought after as their scope spans various levels in an organization. Being in demand, CMAs are in an advantageous position as regards the salaries they can command.
The average salary of a CMA (USA) is ₹797,402
So, Why late?
Make use of this exciting offer to attain a 20% discount on the CPA course + Free IFRS course and a 30% discount on the CMA course + the Free IFRS course.
Be a Dual Certified International Professional within a Year.