Global Job Opportunities for US CPA Career

Global Job Opportunities for US CPA Career

Globalization and other advancements are causing the finance and accounting industries to rapidly evolve. Job seekers find this development significantly beneficial for career opportunities. This is because employers are actively hiring professionals in their finance and accounting career path. However, rapid development is also making things challenging for job seekers. The expectations of employers have changed drastically from earlier. They now need candidates with practical skills and knowledge and also who have skills in accounting firm, public accounting and financial services. So, how do I gain these skills and knowledge? The best way is to acquire professional certifications. One such prestigious accreditation. A US CPA license is a large pool of globally job opportunities makes it the most attractive option.

 Do you look forward to pursuing the qualification of US CPA certification? You might already know about the several advantages and demand for cpas it offers. The most attractive advantage is that it offers the best global job opportunities and its job security. After obtaining this accreditation, you have a chance to get a highly rewarding job with leading companies worldwide. The US CPA certification is your direct pass to a highly reputed job in the global job market. Also, this certification offers you rapid career advancement. But what are these global job opportunities for a US CPA? If you're curious about the various US CPA jobs in the United States and other countries, read this post. It will list the top opportunities in India, as well as their average salaries. However, before that, you must take a brief look at the details of the US CPA course. 

Key Takeaways

  • What is US CPA?

  • US CPA Eligibility

  • US CPA Job Opportunities

Future of CPA Course

You must know about the course in detail before you learn about US CPA jobs in the Middle East and other parts of the world. It is a professional certification covering advanced finance and accounting concepts. The American Institute of Certified Public Accountants grants it after students clear the Uniform CPA Examination. 

Syllabus

Attestation and Auditing (AUD)

  • Ethics, Professional Responsibilities, and General Principles
  • Assessing Risk and Developing a Planned Response
  • Performing Further Procedures and Obtaining Evidence
  • Forming Conclusions and Reporting


Financial Accounting and Reporting 

  • Conceptual Framework
  • Standard-Setting
  • Financial Reporting
  • Select Financial Statement Accounts
  • Select Transactions
  • State and Local Governments


Regulation (REG)

  • Ethics, Professional Responsibilities, and Federal Tax Procedures
  • Business Law
  • Federal Taxation of Property Transactions:
  • Federal Taxation of Individuals
  • Federal Taxation of Entities (including tax preparation


Optional Paper in CPA exam(Any one)

Business Analysis and Reporting (BAR)

  • Business Analysis
  • Technical Accounting and Reporting
  • State and Local Governments


Information System and Controls (ICS)

  • Information Systems and Data Management
  • Security, Confidentiality, and Privacy
  • Considerations for System and Organization Control (SOC) Engagements


Tax Compliance and Planning (TCP)

  • Tax Compliance 
  • Planning for Individuals 
  • Personal financial Planning
  • Entity Tax Compliance
  • Entity Tax Planning
  • Property Transactions (disposition of assets)


Eligibility

  • 150 credit points
  • Two years of relevant work experience


Cost

  • Education and Evaluation Application Fees: $90-$150
  • Examination Application Fees: $1100-$1500
  • CPA Exam Retake Fee: $50-$20
  • CPA Review Course: $1,000-$4,000

Global Job Opportunities for a US CPAs and their Career Path

US CPAs are in high demand for their expertise and skills. Top employers commonly hire them for the following US CPA jobs in the UK and other countries:.

Compliance Auditor

 A compliance auditor mostly ensures that a corporation’s commercial enterprise operations comply with the relevant state, local, and federal policies. These professionals are hired by several firms or agencies. They additionally evaluate the inner standards of the business enterprise to make sure the commercial enterprise operations abide by the standard norms.

Compliance Auditor Pay in India: INR 3 lakh to INR 12 lakh

Tax Accountant

Next on the list of lucrative US CPA jobs in Germany and other countries is the job of a tax accountant. These professionals usually work independently with numerous clients, or they might get employed by an organization. Their job role includes building tax strategies for their clients. These tax strategies help taxpayers reduce their tax payments. However, tax accountants draft these strategies while abiding by the laws. They are also responsible for arranging regular tax audits. These audits help find any discrepancies and save their clients from legal actions. A tax accountant also files returns for their clients. 

Approximate Salary of Indian Tax Accountants: Between INR 3 LPA and INR 8 LPA

Public Accounting Professor

Accounting professor is another career option for CPAs. This profession provides the perfect chance to share expertise with young aspirants. Universities and coaching institutes hire these professionals. Accounting professors might also be responsible for setting course curricula and developing test materials. 

Accounting Professors’ Salary in India: Around INR 6 LPA

Corporate Accountant

 Corporate accounting is another of the lucrative US CPA jobs in Canada and other countries. These professionals draft and maintain the financial records of a company. They also monitor the organization's finances. Employers trust these accountants to supervise financial analysis and planning. These accountants provide higher authorities with valuable financial data. This data ensures that the company's practices comply with the law. 

Approximate Corporate Accountants’ Salary in India: Between INR 9 LPA and INR 17 LPA

Cost Estimator

 US CPAs can also work as cost estimators. This role requires them to analyze data to estimate the required labor, time, and money required by the company for their operations and goods production. These experts work with other departments of the company to collect information on the projects. This information helps them estimate the cost of each project. 

Cost Estimators’ Payscale in India: Between INR 4 LPA and INR 15 LPA

Treasury Analyst

Next on the list of global job opportunities for a US CPA is treasury analyst. These professionals monitor a company’s financial security. They manage the funds and create real-time reports. They maintain records of the company's expenses and assets. Treasury analysts also oversee debts and investments. These analysts manage and monitor all company financial transactions and funds. They also handle the company's funds. An employer trusts them to ensure the appropriate allocation and investment of the funds.

Average Income of Treasury Analysts in India: INR 4 LPA-IINR 10 LPA

CFO

CFO is the most desired job among the CPAs. They are senior-level executives. A CFO oversees and manages the company's financial affairs. They look after the finance and accounting divisions. These experts monitor cash flow. They also make financial forecasts and check out the financial stability of the company.

CFO’s Pay Range in India: Between INR 14 LPA and INR 65 LPA

Conclusion

With more and more candidates taking up the finance and commerce fields, it's becoming challenging for students to stand out from the crowd. This is where prestigious certifications like the US CPA can help. This accreditation is the key to unlocking your dream career. The numerous global job opportunities for a US CPA attract numerous individuals to pursue it. So, do not wait any longer and start your preparation to achieve this certification. When starting with US CPA preparation, NorthStar Academy is your ultimate learning partner. Our mentor, M. Irfat Sir, has helped thousands of candidates achieve the US CPA certification. Our other qualified faculty also helps you understand each topic in the syllabus in detail. Our teachers and mentors help you build the right strategies for the examination to ensure you earn the certification as soon as possible. 

Contact us on WhatsApp to learn more about the course and enrollment process. 

Frequently Asked Questions

  • Do accounting jobs hold a future without CPA accreditation?

    You can definitely find accounting jobs without the CPA certification. However, these jobs usually pay low salaries and are not of high designation. On the contrary, a US CPA certification offers high-paying and reputable jobs.

  • Which is better, CPA or CMA?

    Both CPA and CMA designations offer several advantages. They both get high-paying jobs in the global landscape. However, choosing one between the two completely depends on your career aspirations, budget, and learning preferences. 

  • Is the US CPA worth it?

    The US CPA certification is worth it in every scenario. From upskilling yourself to acquiring lucrative jobs, this credential is all you need. It not only offers high-paying jobs but also the reputation you dream of in this field. 

  • What is the scope for a CPA in India in 2024?

    CPAs in India are in high demand. The Big 4 companies are actively hiring these certified professionals for their expertise. Also, leading MNCs are constantly looking for these professionals. The average starting salary of CPAs in India is around INR 7 LPA.