Hello friends ! Can anyone tell if CPA has any job opportunites in India specially Mumbai ? And if yes can you tell me the average pay scale.
2 Replies
Sasanka Bhalaki
(Student)
(1935 Points)
Replied 29 January 2016
Hi Neha, CPA got good job opportunities in INDIA, u can definetly do that without any doubt.. u will even get min pay scale of 7lakhs for fresher..
Suman
(CMA)
(195 Points)
Replied 01 May 2020
The demand for CPA has considerably grown in recent times with the substantial growth in MNCs and the Big4s in India. This shift in the trend is because of the requirement of knowledge and credibility about US GAAP, IFRS & US taxation by these multinational companies. “Aren’t there inhouse Indian accounting professionals like Chartered Accountants (CA) who can meet this demand?”, you may ask.
But, Indian qualifications like Chartered Accountant (CA) have limited geographical recognition and do not cover topics like IFRS & US GAAP. This increases the demand for CPA candidates in India. The demand has increased than the supply and that forced the MNCs and the Big 4s to train their CAs as CPAs.
In other words, they give extensive training on the US GAAP, taxation and the IFRS to their existing employees who are a qualified Chartered Accountant from the ICAI. For such training, the corporations approach Educational institutes like Miles Education, who are the experts in the industry in relation to the US GAAP & the IFRS.
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