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Accounting is a high-profile career globally with immense employment and self-earning opportunities for professionals. While many countries have their own accounting qualifications such as the Chartered Accountant in India, it is the Certified Public Accountant (CPA) license that is regarded as the top accounting qualification in the world. The American Institute of Certified Public Accountants conducts this exam. For any accounting career aspirant, CPA is the perfect opportunity.
CPA is an internationally recognized qualification. A CPA license holder from any of the 55 American states is regarded highly in the US, Canada, European countries, and even among the Indian accounting sector. CPAs are highly sought after by international accounting, financial management companies, NBFCs, and multinationals that offer off-shore accounting services to American clients. The Big 4s of the accounting world (EY, KPMG, Deloitte, and PwC) have significant operations in India as well alongside the top US multinationals such as Genpact, WNS and Accenture, etc. These companies offer lucrative jobs and opportunities to work overseas for the CPAs from India. It is a wonderful course to pursue in the accounting field.
Generally, most Indian B.Com graduates are eligible to take the CPA exam. Every year of university education in India is equivalent to 30-semester credits of US Education, totaling 90 credits at the end of 3 years. If B.Com is completed in 1st division from a NAAC 'A' university, the 3-year B.Com would be treated as 4 years of US education, i.e., 120 credits for B.Com alone. Having a 2-year Master's degree (e.g., M.Com, MBA) contributes to 60 education credits. Further, professional qualifications like CA/CS/CWA are recognized by few States as 2 years of US education. In case yours is a NAAC 'A' college, you'd be able to appear for the exams. Even if that's not the case, you can pursue bridge courses to get the credits.