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Monday, April 21, 2014

Why US CPA?

What is USCPA? 
US CPA, or Certified Public Accountant in the US, is a title for accountants who pass the CPA exam. This qualification proves an expertise in the accounting field not only in the US but also internationally. The main function of a US CPA is to offer public accounting services, but many US CPAs also do variety of works such as corporate accounting and finance.

Why USCPA?
CPAs are at the top of their field and accounting is the language of business worldwide. Having an internationally recognized accounting qualification can expand your career paths very broadly, regardless of where you go in the world of business. In addition, especially for those who live in a country where English is not the primary language but its ability has a significant implication in business context, US CPA can prove you have a high level English proficiency.

Demand to USCPA
Although varying among countries and regions, the continued globalization of business should lead to increased demand for accounting expertise and services related to international trade and international mergers and acquisitions. Accountants and auditors who have earned professional recognition, especially as CPAs, should have the best prospects. In the US, employment of accountants and auditors is projected to grow 13 percent from 2012 to 2022, where total expected growth rate including all occupations is 11 percent.
(U.S. Bureau of Labor Statistics, 2014 occupational outlook handbook for accountants and auditors)

Expected salary ranges
CPAs can expect higher salary than those who do not have qualifications. For the US, if you choose to pursue accounting field as your profession, you can expect the following salary ranges;



* for large firms = $250+ million in sales ** Salary does not reflect overtime or bonuses, which aresignificant portions of compensation for these positions *** For senior, 1 to 3 years, or up to 1 year categories, add 5-10 percent for graduate degrees or professional certifications. **** For senior manager/director and manager categories, bonuses and incentives reflect an increasingly large part of overall pay at this level and are not includedin the salary ranges listed above. Advanced degrees or professional certifications also are assumed at this level. (2014 Salary Guide from Robert Half®)

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