{"id":263678,"date":"2024-04-29T05:59:39","date_gmt":"2024-04-29T05:59:39","guid":{"rendered":"https:\/\/imarticus.org\/blog\/?p=263678"},"modified":"2025-09-01T15:03:07","modified_gmt":"2025-09-01T15:03:07","slug":"why-is-cpa-a-lucrative-career-choice-eligibility-opportunities-and-cpa-salary","status":"publish","type":"post","link":"https:\/\/imarticus.org\/blog\/why-is-cpa-a-lucrative-career-choice-eligibility-opportunities-and-cpa-salary\/","title":{"rendered":"Why is CPA a Lucrative Career Choice: Eligibility, Opportunities and CPA Salary?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A certified public accountant (CPA) is an accounting practitioner who has completed the necessary education, examination and experience criteria for licensing by a state board of accounting.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CPAs are in great demand among corporations and non-profit organisations because of their considerable expertise in tax legislation, auditing processes, management techniques and other critical facets of financial operations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Learn more about CPA, what is the eligibility, about the career opportunities and salaries.<\/span><\/p>\n<h2><b>What is CPA?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The acronym for \u2018Certified Public Accountant\u2019 is CPA. Having this accreditation enables accountants to operate in the public accounting sector. To promote yourself as a CPA, you must hold a licence in your state.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You must pass an exam proving you have the technical proficiency required to offer services in financial accounting, financial reporting, auditing, attestation, business settings, and business principles in order to <a href=\"https:\/\/imarticus.org\/certified-public-accountant\/\"><strong>become a Certified Public Accountant<\/strong><\/a> (CPA).<\/span><\/p>\n<h2><strong>Eligibility to Become a CPA and Other Requirements<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">CPA is a state-issued licence that permits you to operate as an advanced accountant. To get a CPA licence, you must have a bachelor\u2019s degree in accounting, you must pass all four sections of the CPA examination. Once you&#8217;ve passed them and completed the required work experience (at least 2 years working in public accounting), you may apply for a CPA licence through your state board of accountancy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In most states, you will be required:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To meet educational prerequisites.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To pass the Uniform <a href=\"https:\/\/imarticus.org\/blog\/tools-and-resources-for-cpa-exam-preparation\/\">CPA examination<\/a>.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To satisfy the experience criteria.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To complete the CPA ethics test.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Many states have enacted variations of the Uniform Accountancy Act (UAA). This has contributed to increased uniformity in licensure across states, allowing you to remain mobile while working in this industry. To guarantee that your licence is approved, make sure you understand the rules in your state as well as any states where you want to operate.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, as a certified public accountant, you are expected to complete continuing professional education (CPE) every two years. There are two major categories of CPE:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Programs include formal courses.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Self-study involves reading journal articles or taking an online course.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It&#8217;s crucial to remember that states have varied CPE standards and deadlines.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-259927 alignright\" src=\"https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-300x300.jpg\" alt=\"us cpa course\" width=\"300\" height=\"300\" srcset=\"https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-300x300.jpg 300w, https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-1024x1024.jpg 1024w, https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-150x150.jpg 150w, https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-768x768.jpg 768w, https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-100x100.jpg 100w, https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-140x140.jpg 140w, https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-500x500.jpg 500w, https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-350x350.jpg 350w, https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-1000x1000.jpg 1000w, https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01-800x800.jpg 800w, https:\/\/imarticus.org\/blog\/wp-content\/uploads\/2024\/02\/01.jpg 1080w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<h2><b>Career in CPA<\/b><b>\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">After possessing diverse business and technical skills, near about 70 per cent of CPAs work in private companies, with CPAs serving in many different types and sizes of firms, such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Large, international accounting and tax firms, which provide various services, including tax advice, financial consulting, and auditing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Big Four accounting firms (Deloitte, PricewaterhouseCoopers (PwC), Ernst &amp; Young (EY), and KPMG, which offer audit, taxation, management consulting, assurance services, actuarial, corporate finance and legal services to companies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Medium-sized firms for similar services as large firms, but typically on a smaller scale and smaller firms, for small business which needs tax advice or an audit.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Business and industry accountants<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Apart from that, CPAs can also work with:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Non-profit organisations<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Federal, state and local government departments<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Research and teaching department<\/span><\/li>\n<\/ul>\n<h2><b>CPA Salary<\/b><strong> Outlook<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The <a href=\"https:\/\/www.investopedia.com\/terms\/b\/bls.asp\">Bureau of Labour Statistics<\/a> (BLS) predicts that the employment opportunities for\u00a0accountants and auditors will rise by 7% between 2020 and 2030, matching the average for all occupations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Glassdoor reports that the average yearly income (base pay + additional commissions and benefits) for CPAs depending on years of experience is as follows:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Experience of 0 to 1 year: $87,498<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Experience of 1 to 3 years: $93,477<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Experience of 4 to 6 years: $97,276<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Experience of 7 to 9 years: $101,451<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Experience of 10 to 14 years: $111,303<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Experience of more than 15 years: $129,890<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Here is an idea of the annual salaries of other jobs that CPAs can do:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Public accountant: $104,767\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Governmental accountant: $102,999\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Personal financial planner: $101,636<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Management accountant: $100,305<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Internal auditor: $97,556<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Forensic accountant: $91,231<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax advisor: $76,829\u00a0<\/span><\/li>\n<\/ul>\n<h2><strong>US CPA Program in India<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">In India, there&#8217;s a big market for US CPAs. Indian certified public accountants are very skilled individuals with extensive knowledge in fields like worldwide financial accounting and corporate governance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CPAs are therefore in demand for a variety of positions in the financial services sector. Employers in India are actively seeking out CPAs due to the growing need for their knowledge.<\/span><\/p>\n<h2><strong>Why is the US CPA Considered a Valuable Career Option in India?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">In India, the US CPA qualification is quite promising as a lucrative professional direction. Owing to their distinguished reputation, global companies doing business in the nation place great value on certified public accountants.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Professionals with a CPA degree may perform exceptionally well in projects both domestically and abroad due to their extensive accounting knowledge and proficiency with International Accounting Standards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CPAs are therefore in demand for a variety of positions in the financial services sector. Employers actively recruit and value CPAs in India, demonstrating a rise in demand for their services.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In Big4s, the annual <\/span><b>CPA salary in India<\/b><span style=\"font-weight: 400;\"> varies from INR 12,50,000 to INR 20,50,000.<\/span><\/p>\n<h4><strong>Final Words<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">Now, you can become a CPA with AICPA (The Association of Certified Professional Accountants) at Imarticus. The AICPA, the accounting powerhouse in the United States, has established a gold standard by representing over 400,000 members globally. It propels developments in ethics, auditing\u00a0and accounting,\u00a0thanks to a long history of excellence. By taking the lead on innovative projects, AICPA is influencing the profession&#8217;s future and building confidence in the financial system.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Enrol in the <a href=\"https:\/\/imarticus.org\/certified-public-accountant\/\"><strong>CPA certification<\/strong><\/a><\/span><span style=\"font-weight: 400;\"><strong>\u00a0program<\/strong> with Imarticus<\/span><span style=\"font-weight: 400;\"> and reinforce your CPA journey.<\/span> <span style=\"font-weight: 400;\">This course perfectly complements your prior education while expediting your accomplishment. Join to accomplish your CPA goals in 12 to 18 months and land elite jobs in India&#8217;s booming employment market.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A certified public accountant (CPA) is an accounting practitioner who has completed the necessary education, examination and experience criteria for licensing by a state board of accounting.\u00a0 CPAs are in great demand among corporations and non-profit organisations because of their considerable expertise in tax legislation, auditing processes, management techniques and other critical facets of financial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":259908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_mo_disable_npp":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[5697],"class_list":["post-263678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-cpa-salary"],"acf":[],"aioseo_notices":[],"modified_by":"Imarticus Learning","_links":{"self":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/263678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/comments?post=263678"}],"version-history":[{"count":2,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/263678\/revisions"}],"predecessor-version":[{"id":263681,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/posts\/263678\/revisions\/263681"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/media\/259908"}],"wp:attachment":[{"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/media?parent=263678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/categories?post=263678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imarticus.org\/blog\/wp-json\/wp\/v2\/tags?post=263678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}