Saloni Desai’s Post

Certified Public Accountant (CPA) is worth pursuing for Finance professionals? Come let’s find out! Overview: CPA is a professional accounting qualification recognized globally and provided by the American Institute of Certified Public Accountants (AICPA). As per the latest data of National Association of State Board of Accountancy (NASBA), it has over 6,70,000 actively licensed members who all are working all over the world. Eligibility: He/she need 120 credits for the appearing for CPA exam and a total of 150 credits to get the CPA license. What are credits: Lets understand by an example: Suppose, you are a CA/CMA/CS student, already your Inter/Executive level cleared and graduated from a recognized University. In that case, you will get 90+ credits for passing graduation (30 credits each year) and 30 more credits for clearing CA/CS/CMA Inter/Executive. The total credits you have now is 120. Thus, he/she is eligible for appearing CPA examination. Papers and duration of the Course: There are 7 papers, 3 are core and out of 4 papers, he/she have to choose 1 as per her/his interest. The duration of the course is 9-18 months. It depends on your performance, how effeciently you can study to pass this examination. Average duration is 1 year. FAQ: Q. Exam is conducted India or outside India? It is conducted in the all the Tier A cities of India. Q. We must appear for all the 4 subjects at a time? Exams can be attempted in any order & anytime in a testing window of 18 months. Even he/she can appear for a one subject at a time. He/She must score 75% in each of the subject to pass. Q. What are the opportunities, we will be getting after completing CPA? Public Accounting Firms provide a lot of opportunities in the field of Auditing, Tax, Consulting and Advisory services to US clients. Some big accounting firms (i.e Big4s) firms even sponsor the course fees to their employees. Corporates especially those who have US clients hire CPAs over any professionals to manage their financial operations effectively. Q. Total Cost for the Entire course? Total cost for the course including the Coaching fees ranges between 3.5-4 lakhs. #Comment or #DM, in case you have any concerns related to this to course. #Financetips #CPA #ProfessionalCourse

Why Pursue the CMA Certification? 🌟 Imagine this scenario: You’re working as an accountant at a mid-sized firm. You’re good at what you do, but you feel stuck in your current role. You see colleagues and peers advancing to higher positions, earning better salaries, and taking on more significant responsibilities. Here’s how the CMA certification can transform your career: Career Advancement 🚀 Current Situation: You’re handling routine accounting tasks and feel your career growth has plateaued. Why CMA: The CMA curriculum covers advanced topics like financial planning, analysis, control, and decision support, equipping you with the skills needed for strategic roles. Result: With a CMA certification, you’re now eligible for positions like Financial Controller or CFO, roles that were previously out of reach. Your ability to provide strategic financial insights makes you a key asset to any organization. The CMA certification is more than just an academic achievement; it’s a transformative credential that can significantly impact your career trajectory. Whether it’s advancing to higher roles, earning a better salary, securing your job, developing professionally, or finding personal fulfillment, the CMA offers tangible benefits that can turn your professional aspirations into reality. Are you ready to take your career to the next level? The CMA certification can open doors to significant salary increases and promotions, just like it did for this successful professional! 🌟 Register Now : https://lnkd.in/d4BF5anr #CMACertification #CareerGrowth #EarningPotential #Finance #Accounting #ProfessionalDevelopment #Success #CMACareer #FutureReady Dr. Abhishek Jajoo Komal Dhoot Swati Arora Rizwan Khan,MSC Financial Crime, Manchester Univ. (DFSA Approved Senior MLRO) AJMS Global

So what are the benefits of training to become a Chartered Accountant (CA) with ICAS? 🔎 🏅 As the world's longest-standing professional accountancy body, ICAS will help you to secure a future with leading organisations, with over 83% of FTSE 100 organisations currently employing ICAS CAs. 💰 The CA qualification is equivalent to a fully funded postgraduate degree, allowing you to earn a competitive salary while obtaining practical experience. 🪜 Combine core accountancy skills with modules on sustainability, ethics and a unique focus on innovation, growth and technology. With ICAS, you'll have the variety and edge to be a step ahead of the rest. 🚀 You don’t need an accounting or finance related degree to train with ICAS - last year, only 8.3% of attendees from Durham were accountancy students! The CA qualification is open to students from a variety of degree disciplines. ➡️ How to get started? The first step to becoming a CA is to apply for a training agreement with an ICAS-authorised employer (entry requirements vary). There's a range of employers to work with, from small local companies to large corporations - they’re not all accountancy firms either, with employers ranging from luxury clothing brands to real estate firms. 💻 Find out more about becoming a CA with ICAS at www.becomeaca.org.uk or get in touch with me to learn more! #ICAS #CharteredAccountant #OpportunityKicks

I have been asked some questions regarding the US CPA I will answer some of the more frequently asked questions below ?? What is a US CPA? ## A Certified Public Accountant (CPA) is the american equivalent of our Indian Chartered Accountant (CA). ?? Is it true that there are only four papers? ## Yeah. Three core papers and one discipline paper ?? When are the exams conducted?? ## Exams dates are available throughout the year. You can write exams at your convenience. ?? Does the US CPA have a scope here? After all it's an American certification ## There are plenty of opportunities with more opening up in future due to heavy outsourcing by the US. Ask anyone working in Big 4 or so to get a confirmation. ?? Is the exam hard? Can an average student like me pass? ## Yes and yes. Exam is one of the toughest in the world. But with consistent preparation and dedication one can crack it. It's hard. But not impossible. ?? Where can I start? ## You can DM me or contact PrepQ. The best day to start was yesterday. Since it has passed, let's start today! What else do you want to know? I will answer in the next FAQ. #DJSP #CPA #PrepQ

"Looking up at my future as a CMA, I see my career taking off like a rocket, soaring with many opportunities, bigger paychecks, and a boss-level status! 🚀💼💸" Should I quit CMA? I am contemplating whether to continue pursuing a CMA, given the uncertainty about its future relevance and importance. Investing our parents' hard-earned money in a course that may not provide a fruitful future is a significant concern. >CONCERNS 1. Future Security: The profession appears to have an insecure future. ⚠️ 2. Declining Importance: The importance of CMAs seems to be diminishing over time. 📉 3. Productivity and Efficiency: There are worries about the future productivity and efficiency of CMAs. 🛠️ > Opportunities in CMA Despite these concerns, the CMA profession has historically had a bright outlook and continues to offer a wide range of opportunities for both job seekers and practitioners. Here are some of the key areas where CMAs can make significant contributions: 1. Cost Control💰 2. Product Pricing🏷️ 3. Budgeting 4. Variance Analysis🔍 5. Allocation of Overheads📈 6. Management Audit📝 7. Stock Audit🏭 8. Inventory Management📦 9. Supply Chain Management🚚 10. Accounting📚 11. Taxation🧾 12. SAP Consultancy💻 13. Financial Management💼 14. Internal Audit🔒 15. Valuation💎 16. Project Management📅 17. ICoAS (Integrated Cost and Accounting System expertise) 🔧 18. Certification in Insolvency Professional📜 > Conclusion: While there are valid concerns about the future of the CMA profession, it continues to offer ample opportunities across various domains. It is important to weigh these factors carefully before making a decision. 💡 “Comment your opinion” . . . . . #CMA #CMAstudent #CMAcareer #ACMA #FCMA #CMAs #CMAFuture #CareerGrowth #Finance #Accounting #Opportunities #ProfessionalDevelopment #CostControl #Budgeting #ManagementAudit #SupplyChain #FinancialManagement #ProjectManagement #InsolvencyProfessional

Why CPA: 🤷♂️ When I started my CPA (US) preparation, I had one question going for days - “Why”? Well I am a person who look at the trade offs for everything and then decide whether to pursue or not. After going through a lot of materials, articles, and YouTube videos. I found few points which convinced me to pursue this as a career milestone. I have mentioned those factors below for people who are still in doldrums and might help them further. 1. Global Recognition: The CPA license is globally recognized, allowing you to work in any country. It demonstrates your expertise and commitment to the accounting profession. 2. Mandatory for Certain Roles: In the USA, a CPA license is mandatory for certain roles, such as auditing and providing attestation services. It ensures a uniform standard in the accounting industry. 3. MBA GMAT/GRE test waiver: I was going through multiple MBA programs offered through different reputed colleges in USA and find a common factor that if you’ve cleared CPA and have a good professional and academic record. Walllah! You are absolutely eligible for standardised test waiver. Few colleges which provide this waiver include Cornell, Georgetown, Ross, NYU, Red Mccombs, Anderson, Darden. This is not an exhaustive list tho. 4. Diverse Career Opportunities: With a CPA license, you can work in various fields such as auditing, taxation, financial analysis, management consulting, and more. The scope of opportunities is not limited to the USA as CPA (US) has mutual recognition with multiple countries. I hope these few factors mentioned above will help you in your decision whether to pursue CPA as career or not. Let me know in comments if there are any other points you want to add or anything further you want to know about. Happy Reading 😊 #CPA #Simandhar #Becker #USA #MBA #Career #Careerdevelopment #Audit #Tax #Finance

IS THE CPA EXAM VERY TOUGH? The Certified Public Accountant (CPA) designation is a highly respected credential in the accounting and finance industry. However, it’s also known for its rigorous examination process. Many aspiring CPAs wonder: Is the CPA exam really that tough? Let’s explore this question in detail. UNDERSTANDING THE CPA EXAM. The CPA exam is a comprehensive assessment divided into four sections: 1. Auditing and Attestation (AUD) 2. Tax Compliance and planning (TCP) 3. Financial Accounting and Reporting (FAR) 4. Regulation (REG) Each section covers a broad range of topics, requiring a deep understanding of accounting principles, regulations, and practical applications. WHAT MAKES THE CPA EXAM CHALLENGING? Breadth and Depth of Content The CPA exam covers extensive material, from basic accounting concepts to complex financial regulations. Candidates need to grasp both the big picture and the intricate details. RIGOROUS STUDY REQUIREMENTS Most candidates spend hundreds of hours studying. The AICPA recommends 300-400 hours of preparation for each section. STRICT TIME CONSTRAINTS Each section of the exam has a time limit, adding pressure to complete questions quickly and accurately. CHANGING STANDARDS The accounting field is constantly evolving, with new laws, standards, and practices. Staying updated with the latest changes is crucial. TIPS FOR SUCCESS: 1. Create a Study Plan Break down the material into manageable chunks and set a realistic study schedule. Consistency is key. 2. Utilize Study Resources Invest in quality study materials, such as review courses, practice exams, and study groups. 3. Focus on Weak Areas Identify and concentrate on your weaker subjects. Continuous practice and review can help strengthen these areas. 4. Take Care of Yourself Balancing study with proper rest, nutrition, and exercise can improve focus and retention. #CPAMentorship #HappyBatch #USCPA #MentorshipJourney #SuccessStories #CPAExamPrep #CareerGrowth #AccountingMentorship #CPAHappiness #CPACommunity #FutureCPAs #MentorshipMatters #AchievementUnlocked #CareerMilestone #InspiringSuccess #CPAPathway #Finance #Accounting #ManagementAccounting #CareerAdvancement #Certification #GlobalRecognition #SkillsDevelopment #Leadership #FinancialManagement #BusinessExcellence #StrategicFinance #CMAJourney #FutureReady #FinanceLeaders #CMAPower #FinanceCareers #Expertise #IndustryRecognition #FinancialPlanning #CareerBoost 

The best Chartered Accountancy (CA) course can depend on various factors such as curriculum, faculty, pass rates, and additional support services. Here are some of the top CA courses and institutes globally and in specific regions: Global 1. Institute of Chartered Accountants in England and Wales (ICAEW) 2. Association of Chartered Certified Accountants (ACCA) 3. Chartered Institute of Management Accountants (CIMA) 4. American Institute of CPAs (AICPA) India 1. Institute of Chartered Accountants of India (ICAI): The ICAI is the statutory body for the regulation of the profession of Chartered Accountancy in India. It offers the CA course which is widely recognized and respected. Australia 1. Chartered Accountants Australia and New Zealand (CA ANZ): This institute provides a comprehensive CA program that is well-regarded in the industry. Canada 1. Chartered Professional Accountants (CPA) Canada: The CPA program is the result of a unification of three legacy accounting designations in Canada, offering a robust and respected qualification. • Considerations for Choosing a CA Course: 1. Curriculum and Syllabus: Ensure that the course covers a comprehensive and up-to-date syllabus that is relevant to the industry. 2. Pass Rates: Higher pass rates often indicate better teaching methods and support. 3. Faculty and Support: Look for institutes with experienced faculty and good support systems like mentoring and additional resources. 4. Recognition and Accreditation: Choose a course from a well-recognized and accredited institution to ensure global recognition of your qualification. 5. Flexibility and Mode of Study: Consider the flexibility of the course in terms of full-time, part-time, or online study options. by Deepak BoudhRaj #CA #CAStudent #Career #Study

IS THE CPA EXAM VERY TOUGH? The Certified Public Accountant (CPA) designation is a highly respected credential in the accounting and finance industry. However, it’s also known for its rigorous examination process. Many aspiring CPAs wonder: Is the CPA exam really that tough? Let’s explore this question in detail. UNDERSTANDING THE CPA EXAM. The CPA exam is a comprehensive assessment divided into four sections: 1. Auditing and Attestation (AUD) 2. Tax Compliance and planning (TCP) 3. Financial Accounting and Reporting (FAR) 4. Regulation (REG) Each section covers a broad range of topics, requiring a deep understanding of accounting principles, regulations, and practical applications. WHAT MAKES THE CPA EXAM CHALLENGING? Breadth and Depth of Content The CPA exam covers extensive material, from basic accounting concepts to complex financial regulations. Candidates need to grasp both the big picture and the intricate details. RIGOROUS STUDY REQUIREMENTS Most candidates spend hundreds of hours studying. The AICPA recommends 300-400 hours of preparation for each section. STRICT TIME CONSTRAINTS Each section of the exam has a time limit, adding pressure to complete questions quickly and accurately. CHANGING STANDARDS The accounting field is constantly evolving, with new laws, standards, and practices. Staying updated with the latest changes is crucial. TIPS FOR SUCCESS: 1. Create a Study Plan Break down the material into manageable chunks and set a realistic study schedule. Consistency is key. 2. Utilize Study Resources Invest in quality study materials, such as review courses, practice exams, and study groups. 3. Focus on Weak Areas Identify and concentrate on your weaker subjects. Continuous practice and review can help strengthen these areas. 4. Take Care of Yourself Balancing study with proper rest, nutrition, and exercise can improve focus and retention. #CPAMentorship #HappyBatch #USCPA #MentorshipJourney #SuccessStories #CPAExamPrep #CareerGrowth #AccountingMentorship #CPAHappiness #CPACommunity #FutureCPAs #MentorshipMatters #AchievementUnlocked #CareerMilestone #InspiringSuccess #CPAPathway #Finance #Accounting #ManagementAccounting #CareerAdvancement #Certification #GlobalRecognition #SkillsDevelopment #Leadership #FinancialManagement #BusinessExcellence #StrategicFinance #CMAJourney #FutureReady #FinanceLeaders #CMAPower #FinanceCareers #Expertise #IndustryRecognition #FinancialPlanning #CareerBoost 

Here are some more common questions that I have been asked about CPA ❓How long does it take to complete all 4 parts of CPA exam? 🔷 Exam registration process takes some time. If you set that apart, it takes around 9 to 12 months to complete the exams for a normal student. ❓What are the eligibility requirements to sit for CPA exam? 🔷 Eligibility requirements vary by state. But in general you can be eligible if you have a Bachelor's and Master's degree. So it can look like: - BCom + MCom - BCom + MCom first year completed - BCom + MBA finance - BCom + CA/CMA India inter passed and so on. ❓Are there any exemptions if you have an ACCA, US CMA, CA or CS? 🔷 Sadly there are no exemptions to any papers of CPA even if you have any of the above credentials. ❓Can I start preparing for CPA even if I just finished my undergraduate studies? 🔷 There is no issue in starting the preparation. But make sure you cover the updated syllabus when you finally sit for the exam. Especially the REG paper. ❓How many hours do I need to study? 🔷 That depends on YOU. CPA tests your conceptual clarity of principles. Some of them take longer to comprehend. Some are easy. Each varies from person to person. But consistent effort is the key. What else would you like to know about? Let me know in the comments. Reach out to us - PrepQ #DJSP #CPA #FAQ #PrepQ