Is a CPA a Good Career?
Yes. Certified public accountants are usually in-demand, and a good CPA can pull in a high five-figure salary, and if they decided not to work for a large company, they could set up shop on their own. This career offers work opportunities in various public and private sectors, from the government to information technology.
Is a CPA a Stressful Job?
Certified public accountants are in-demand and often more educated than general accountants, but they work long hours, especially during tax time, if they work in taxation. The higher salaries often mean more responsibilities at work, which could cause stress, but it depends on the individual.
CPA and Chartered Accountant Salaries
Salaries for both CPAs and CAs depend on your geographic location, job title, and years of experience. Thus, they vary drastically.
The median salary for a CPA in the U.S. is $62,410 and in India ? 8–10lakh per annum and the median salary for a CA in the U.K. is £34,637 ($44,849 USD) and in India 6.5 to 7.8 lakh per annum.
both certifications have large salary upward mobility and can each make $150,000 in india ?21lakh and more per annum
CPA Exam consists of 3 question types:
- Multiple-choice questions
- Task-based simulations
- Written communication tasks
There are four sections in the CPA exam:
- Regulation (REG)
- Business Environment and Concepts (BEC)
- Financial Accounting and Reporting (FAR)
- Auditing and Attestation (AUD)
The AICPA administers the CPA exam. The total duration of all the CPA papers is 16 hours (4 hours for each section)..
CPA EXAM IN INDIA:
AICPA and NASBA have scheduled the US CPA exam in India from January 1, 2021. Indian candidates can take the US CPA exam in the Prometric locations given below.
“The US CPA Exam shall continue in India”, says NASBA & AICPA.