CA vs ACCA vs CPA! Detailed comparison 🔥 Package, Big 4, Scope, companies etc.| CA vs ACCA| CA

Summary

The video script is an educational tutorial comparing the merits of pursuing CA, CS, or CPA certifications for career advancement in India and internationally. It discusses recognition, career prospects, average duration to complete each certification, and potential earnings. The speaker, an expert, shares insights from professionals and recommends a free webinar for detailed career counseling, emphasizing the importance of making an informed decision based on global recognition and personal career goals.

Takeaways

• 😀 The video aims to provide a detailed analysis of CA, CS, and CPA to help viewers make informed career decisions.
• 🎓 The speaker is a graduate from Shri Ram College of Commerce and has consolidated professional advice to guide viewers.
• 🌍 CA is recognized in 180+ countries, CS is recognized only in India, while CPA is a US-recognized professional course with no global recognition.
• 💼 If planning to settle abroad, CA is recommended, but for India, CS and CPA are more locally based.
• 🏢 The video emphasizes the importance of being informed to avoid making decisions based on incorrect information.
• 💡 The speaker suggests attending a free webinar by Plus Education, an official partner of ICAI, for detailed career counseling.
• 📈 CS has no restrictions on attempts or attempts per year, unlike CA, which has a limit on registration and completion of articles.
• 📚 The average duration to complete CS is 5-6 years, CA is 2 years, and CPA can be completed in 1.5 to 2 years.
• 💰 The highest package for CA can reach up to 50 lakhs per annum, CS around 40 lakhs, and CPA averages 6-8 lakhs.
• 🏆 Respect and recognition for CS are higher in India compared to CA and CPA, with CS being more recognized and valued.
• 🌐 The future scope of CA and CPA is more job-dependent, while CS offers the flexibility to start a consultancy firm or work independently.

Q & A

What is the primary focus of the video?

The primary focus of the video is to provide a detailed analysis of the CA, CS, and CPA certifications to help viewers make informed decisions about which one to pursue.

Who is the presenter of the video?

The presenter of the video is Ujjawal Sharma, a graduate from Shri Ram College of Commerce, University of Delhi, and is currently doing his articleship in law, tax, and global business taxation.

What is the assurance the presenter gives to the viewers about the video content?

The presenter assures viewers that after watching this video, they will not need to watch any other video for making a decision about pursuing CA, CS, or CPA.

What is the recognition scope of CA and CS certifications as discussed in the video?

CA is recognized in 180 plus countries, while CS is recognized only in India. However, CS can also be recognized outside India if there is an ICAI office present.

What is the difference between the global recognition of CA and CPA certifications?

CA is an international body with global recognition, whereas CPA is a U.S. recognized professional course with a focus on U.S. accounting standards.

What is the recommendation for students who are planning to settle abroad?

For students planning to settle abroad, it is recommended to pursue CA as it is globally recognized.

What is the average duration to complete the CA, CS, and CPA courses?

The average duration to complete CA is 2 years, CS is 5 to 6 years, and CPA can be completed in 1.5 to 2 years.

How does the presenter describe the difficulty level of the CA course?

The presenter describes the CA course as the most difficult, with a high level of expertise required, and suggests that it is suitable for those who can consistently study for 8 to 9 hours a day.

What are the potential career paths for someone with a CA certification?

With a CA certification, one can work in big firms, consultancy firms, investment banking, financial sectors, auditing, taxation, and even open their own consultancy firms.

What is the presenter's advice for students who are not sure about their ability to handle the CA course's difficulty?

The presenter advises students who are not confident in their ability to handle the CA course's difficulty to consider CS or CPA as alternatives.

What is the presenter's suggestion for students interested in the CA course?

The presenter suggests that students interested in the CA course should attend a free webinar conducted by Plus Education, an official partner of ICAI, for detailed career counseling.