- CPA Exam
- CFA Exam (23+)
- FRM Exam (11+)
- PRM Exam (3+)
- ICAI Exam (5+)
- CFP Exam (11+)
- ACA and ACCA (7+)
- CIPM Exam (3+)
- CAIA Exam (3+)
- CFA Investment Foundation Exam (2+)
- CIMA Exam (7+)
- CMA Exam (3+)
- BMC Exam (2+)
- CFT Exam (2+)
- NCFM Exam (4+)
- Miscellaneous (4+)
The key question that arises is whether CPA benefit my career path or CA? There is no clear winner because both qualifications will help to grow your technical skills, accountancy skills and business management skills. Also, CPA and CA holders tend to be equally spread across commercial and public accounting – so each qualification provides maximum flexibility to work across industry.
Please note we are only comparing CPA membership of AICPA (American Institute of Certified Public Accountants) and CA membership of ICAI (Institute of Chartered Accountants of India).
4.9 (1,067 ratings)
I understand that the choice between CPA and CA is a big career decision and hence, to help you take an informed decision, I prepared an infographics which will give you a clear picture of differentiation.
Reading time 90 seconds
CPA vs CA – Eligibility Criteria
- If you wish to appear for Uniform Certified Public Accountant Examination, you need to clear Bachelors in Commerce (B.Com) with a first class or you need to have a Bachelors in Commerce and also a Post-Graduation Degree.
- And if you have Indian CA’s designation with B.Com than also you can appear for CPA examinations. Also, checkout Careers after B.com
- If you want to appear for Indian CA Examination you need to appear for Common Proficiency Test (CPT) after appearing in Senior Secondary Examination (recognized by the Central Government of India).
- CPT Examination are held in June & December every year, so the first step you need to do is you need to register for Common Proficiency Test 60 days prior to the test i.e. on or before 1st April & 1st October.
CPA vs CA – Examination Syllabus
CA and CPA Career Opportunities
CPA designation will open to a doors of wide varied options. After getting your CPA certification you can work under various accounting fields such as International Accounting, Internal & External Auditing, Consulting Services, Forensic Accounting, Assurance services, Taxation & Financial Planning etc. With its global recognition, you will find the best place to work anywhere in many countries. See the list of Top Accounting firms
Similarly, CA Designation will also provide you many options in the specialized areas of Accounting such as Auditing, Taxation, Corporate Finance, Corporate Laws. After getting your CA Certification you can either work in the existing top firms of Accountancy or you can start your own independent professional practice.
CPA vs CA – Salary Comparison
The average salary earned by the CPA Professionals (in India) is found to INR 7,68,552 per year. Most people move on to other jobs if they have more than 10 years’ experience in this field.
A Chartered Accountant (in India) earns a salary of INR 6,08,976 per year on an average. Skills that are associated with high pay for this job are Evaluation and Management Auditing, Budget Management, Financial Analysis, Strategic Accounts, and Financial Advisor. People in this job generally don’t have more than 10 years’ experience. Experience strongly influences income for this job.
From the above mentioned graphs you can observe that the salary fetched by both the professionals doesn’t have much difference. So this shows that both the qualification stays at par and now the choice is all yours that which one you want to pursue.
Other useful Comparisons
Both designation has its own pros and cons, it is not an easy task to opt between CPA & CA as both have a successful career. If you are interested in working abroad or in a multinational company, then you should opt for CPA. Alternatively, if you want to start your own audit practice in India, opt for CA. Additionally, CA exam is less costly as compared to the the CPA examination.
So which one are you taking?