Will the demand for US CPA reduce after introduction of IFRS,since all countries including India (Indian CAs)will be able to handle accounts of international companies through IFRS?
Prince Agarwal (CA & CFA Level 3 ) (97 Points)
14 December 2009Will the demand for US CPA reduce after introduction of IFRS,since all countries including India (Indian CAs)will be able to handle accounts of international companies through IFRS?
Sharangdhar
(CPA CISA exp in IFRS )
(264 Points)
Replied 11 February 2010
No. IFRS content will be incorporated into the CPA exam. I have worked for AICPA on a vollunteer basis for designing questions for the CPA exam related to IFRS. Hence, I can say that IFRS will not affect the importance of CPA to a large extent.
Sharangdhar
(CPA CISA exp in IFRS )
(264 Points)
Replied 11 February 2010
No. IFRS content will be incorporated into the CPA exam. I have worked for AICPA on a vollunteer basis for designing questions for the CPA exam related to IFRS. Hence, I can say that IFRS will not affect the importance of CPA to a large extent.