All you need to know about the job opportunities for a CPA in India

Table of Contents

If you are considering a career in accounting and want to take it a notch higher, then becoming a CPA is the best option. Generally speaking, a certified public accountant is considered a black belt in the field of accounting. There are several job opportunities for a CPA in India as well as abroad. Therefore, CPA certification helps you get ahead in your career with lots of benefits.

As India continues to experience economic growth and International business expansion, CPAs are in high demand. Therefore, job opportunities for a CPA in India have evolved significantly. Certified Public Accountants are recognised worldwide and have gained prominence. A CPA in India can explore various career paths depending on their interests. So, let’s have a look.

Who is a Certified Public Accountant?

A Certified Public Accountant is a person who has received a licence from the State Board of Accountancy. There are 55 state boards of accountancy in the US. Given that it is recognised by the American Institute of Certified Public Accountants (AICPA), this designation has a great reputation.

They work towards protecting the interests of the public. A CPA is capable of multiple functions like accounting, financial management, taxation, audits, and regulatory compliance.

How do I become a Certified Public Accountant?

In order to become a CPA, you have to pass a rigorous exam, which is the Uniform CPA Exam. Anyone with a bachelor’s degree in business administration, finance, or accounting is eligible to take this exam. Apart from this, you must also have two or more years of public accounting experience. It should be noted that each state board has different eligibility criteria.

You need to have 120 credits to take the US CPA exam as well as 150 credits to get a licence. All accountants are not CPAs, and therefore, a Certified Public Accountant earns more than a normal CA or accountant. They help companies increase their profitability and decrease their taxes.

Job Opportunities for a CPA in India

Certified Public Accountants have become indispensable professionals due to India’s rapidly evolving business environment. There is a lot you can achieve if you are a CPA. Therefore, let’s take a look at the job opportunities for a CPA in India.

1. Finance Manager job:

CPAs are increasingly appointed to high-level financial management positions. They manage the company’s budgeting, financial reports, and cash flow. Thus, their expertise in the field helps organisations optimise their resources, plan growth, and deal with economic uncertainties. Therefore, these roles offer pretty important job opportunities for a CPA in India.

2. Jobs in Consulting and Advisory Roles:

Consulting firms across India take advice from Certified Public accountants on many financial matters. It could be for Tax planning, internal control, or other regulatory compliance. Their analytical skills and in-depth knowledge make them irreplaceable in managing business challenges. Therefore, the ability to predict data-driven insights provides good job opportunities for a CPA in India.

3. Taxation-related Jobs:

India’s complex taxation system makes it necessary for all companies to hire a professional in it. Thus, a certified public accountant can help, ideally, with accurate tax returns, tax audits, and strategies for tax efficiency. It should be noted that job opportunities for a CPA in India are always in demand because of its ever-changing tax laws.

4. Role of Internal Auditing:

The internal auditor of a business plays a crucial role. They access the organization’s internal controls and processes. Therefore, a certified public accountant is well-equipped to conduct audits, identify operational inefficiencies like fraud risks, and identify areas for improvement. Their deep understanding of financial processes and risk management techniques makes them the best fit for this role. Thus, these are very important job opportunities for a CPA in India.

5. Jobs in Forensic Departments:

In an era of increasing financial fraud, CPAs have become crucial for investigations. They can analyse financial irregularities and white-collar crimes instantly. Their expert testimony in legal proceedings contributes to maintaining ethical business practises. Thus, to maintain law and order, there are many job opportunities for a CPA in India.

6. Academy and Training:

Certified Public Accountants who have significant industry experience often move to the training sector. Thus, they get a chance to train the next generation of accountants. Their real-world accounting experience makes them the best faculty to teach students. They can easily prepare the students for the challenges of the professional world. Therefore, if we consider the education sector, there are a number of job opportunities for a CPA in India.

7. Government and Regulatory Jobs:

A certified public accountant can also find jobs within the government and regulatory bodies in India. A CPA can play an important role in formulating financial policies and developing accounting standards. They can also contribute to financial regulation across industries. A certified public accountant can make sure that the financial practices are in line with the nation’s financial goals. Therefore, there are prominent job opportunities for a CPA in India.

8. Entrepreneurship and Startup opportunities:

CPAs who want to become entrepreneurs can also venture into establishing their own firms. They can build their own accounting or financial consulting agencies. Startups and small businesses often need financial help to grow. A certified public accountant can very well help them face the initial financial challenges. Therefore, there are unlimited job opportunities for a CPA in India.

9. International Opportunities:

India’s participation in the global economy has opened many doors for CPAs. Thus, a certified public accountant can now work for multinational corporations and participate in international accounting firms. Cross-border transactions as well as international tax planning require the expert knowledge of a CPA professional. There are many US CPA jobs just waiting for you. Thus, there are many global job opportunities for a CPA in India.

So, don’t waste any second and start your journey to becoming A Certified Public Accountant.

Henry Harvin for job opportunities for a CPA in India

Henry Harvin Finance Academy

Henry Harvin is a well-known and reputed name in the education sector. It offers more than 800 courses in various fields of technology and management. It was established with the aim of upskilling and upgrading students and professionals. All the skills are imparted through action-oriented learning techniques.

Henry Harvin’s experienced faculty have specially designed the course to help you clear the US CPA exam with ease. They have an 89% success rate. At Henry Harvin, you can undoubtedly prepare and become a certified public accountant from the comfort of your home. Therefore, we offer you more than you could wish for, as we give you

250 hours of live online classes
Assignments and Project work for better understanding
Recordings of every lecture.
Internship opportunities
100% placement support for a year
Weekly 10+ job opportunities
Gold membership of HH

Henry Harvin’s well-trained and experienced faculty have trained more than 977 individuals globally. This certification will undoubtedly open a number of job opportunities for a CPA in India and abroad. So, what’s the wait for? There are other related courses in this field so have a look

Conclusion

There has been a significant evolution in the job opportunities for a CPA in India. From traditional roles to cutting-edge positions in technology. CPAs are playing a pivotal role in driving businesses. As India continues to become a hub for business and innovation, the demand for certified public accountants is definitely increasing. Therefore, I would like to conclude that US CPA jobs can take you to great heights in life, not only in India but also globally.

Therefore, let’s have a look at the recommended reads

How many attempts are there to pass the CPA exam?

One of the major pluses of the CPA exam is that you can take it unlimited times. However, you must keep in mind that you need to clear all four exams within 18 months.

Who earns more, a CA or a CPA?

A US CPA gets an average salary of 8 to 10 LPA, Whereas a CA makes between 6.5 and 7 LPA. Therefore, it is beneficial for you to become a Certified Public Accountant.

Are there Job opportunities for a CPA in India?

Yes! Undoubtedly, there is a list of jobs that you are qualified for after getting a CPA licence. For example, Forensic accounting, auditing services, consulting services, financial reporting, tax advisory management, teaching, and many more.

Are CPA exams permanent in India?

Yes! According to the recent discussion with NASBA and AICPA, examinations will continue to be conducted in India in the future.

Can an average student pass the CPA EXAM?

Yes! Surely because a CPA exam is not very tough. For this reason, If you are hard-working and serious about the exam, you can clear it in one go. Therefore, even if you are an average student you can pass this exam.