I am an MBA finance and Chartered Accountant in India. I want to settle abroad. What are the ways?
The best way is to gain a degree which is globally acceptable. Though ICAI has agreements with many countries world over, you must think of appearing for the US CPA or the Australian CPA or ACCA which have a slightly wider acceptance.
I am an Indian chartered accountant. Do I have any chances to get a job in the US or Canada or New Zealand?
I can tell you about US / Canada. I am myself a CA, immigrated to Canadafor Canada, Get your academic credentials evaluated- You can understand from here the requirement of getting academic credentials evaluatedAs a CA you would get equivalence of 3 levels plus few papers exempted for 4th LevelBalance papers left for level 4 would be easy and you can crack with little effortsThat leaves only one levelNow as a Canadian degree holder, you got bright chancesIf you think only to continue on strength of ICAI, you will not get the job you deserve. Best is you can get various accounting jobs, which you would be able tohandle very easily and earn decent money but no where close to if you clear level 5 of accounting as well
Will Indian chartered accountants get a job in the USA based on their CA qualification?
Well, let me explain the core basic thing first -Chartered Accountants (Institute of Chartered Accountants of India) is a course for practicing in world of Accounts & Finance in India.Unlike India in USA we cannot work across the nation with single certificate,In USA Chartered accountants are called CPA (Certified public accountants) they can work in any selected state of USA,we can also work in other states if we satisfy eligibility required from that state.Now, if you read above sentence, focus on the word 'India'.Chartered Accountants are recognized only in India or wherever transactions, companies or businesses relates to India.If there is a work in which there is no India, then Chartered Accountants are legally not competent. Although, in fact, we can still do the work better than the locally recognized accountants say CPA in USA.Now my answer to your question goes this way -If you wish to settle abroad, because you think there are more perspectives out their for Indian Chartered Accountants, then you are wrong, it won't be that easy. Its better you settle in India or else you have selected wrong courses.If you wish to settle abroad, because of social reasons, then maybe you will have to improve your educational recognition. This would be simpler though.If you are a Indian Chartered Accountant, there are many Memorandum of Understandings that would allow you exemptions in pursuing the other worldly recognized courses. Yes, you will have to pursue the local courses in those countries for getting better prospective.One way out is that you can work with Indian Companies abroad or Foreign Countries who have operations in India because these are the companies who would require a specialized accountant to deal with legal issues relating to India, just like Indian companies employ CPA.Conclusion: Indian Chartered Accountants can only have jobs in foreign where Indian operations are involved or else you need to pursue the locally recognized course in that country, check what exemptions you get because of your Indian education and pursue that course to do practice in both - Foreign Operations and Indian Operations, outside India.
I am Chartered Accountant from India. I have plans to study either MBA or finance abroad. Which is the most preferable university?
Now this is coming from a chartered accountant who went to the UK to pursue an Msc in Corporate Finance. My advise to you is always go for the best. I suggest working really hard on your GMAT and getting into the best of the lot. Doing MBA is better than Msc in my opinion. People often suggest that MBA is an appropriate option for someone with a 2 or 3 years of experience as management lessons would not be just a theory to you but means to achieve what you would want to accomplish. Try to get into the business schools run by the ivy legue universities. I urge you to think this through and take your time to build a profile for a seat at one of these universities. Do not rush into anything. Study the requirements of each of these universities and you should be good to go.Hope this helps.
I am newly qualified chartered accountant from India. How can I get a job in Canada?
Accountants are in shortage as per Canada list, but being Chartered Accountant in India, you can move to Canada as Permanent Resident under Express Entry, but there first you need to work under other Accountant or Accountancy company and give tests there to become Chartered accountant of Canada. This is done because Taxation and other things are different in all countries, so need to learn first before you become CA in Canada. But otherwise there has been shortage of accountants so get get PR and settle, no issue.
I am a ca-inter and B.com from India. I want to do Cpa canada. What is the procedure? Am I eligible for any exemptions?
Good news? ICAI has MOU (Memorandum of understanding) with CPA Canada wherein, all the qualified Indian Chartered Accountants get qualified for CPA Canada by appearing for 3 additional papers instead of appearing for all the papers as designed by their course.In addition to that, one needs to surrender some credit points awarded by the ICAI in order to qualify for CPA Canada.Bad news? Opting this route will get you qualified, however due to lack of job opportunities for international students, this route might not guarantee you the maximum jobs as against the normal route wherein you apply for the course and appear for the exams from the scratch.Solution? It is always advisable to either opt for CPA USA which has a global acceptance and is accepted in Canada as well. Plus it keeps all the options open for all the countries.Your case? Since you are CA inter clear, you are not eligible for any exemption. Therefore you either have an option to clear CA Final and then apply through the MOU route, or you can apply for CPA USA directly and appear for just 4 papers which require 1/10th of the hardwork put in CA and become qualified.Hope that helps.
After recieving a bachelors degree in accounting, is it guaranteed of getting a job, rather than?
Accounting is definitely an in-demand field and has above average projected job growth. You would have to get a masters in psych to even get on the same pay level as STARTING accountants. As the others have said, you're never guaranteed a job, but at least there are jobs (where as there are none for people with a bachelors in psychology.) As for the CPA license (which should be your goal if you're going to be an accountant) the requirements for eligibility differ from state to state. In California I know you have to have 150 credit hours of accounting; a bachelors degree is only 120 credit hours so you have to get a masters degree in accounting (MSA) or taxation to qualify for your CPA exam. Most programs are geared towards working professionals though, so you can definitely work and complete your masters at the same time. Most MSA degrees only take 1 year if your undergrad degree is in accounting or business with a focus in accounting. And accountants can move up into management positions or lateral to the financial division of a company. Big companies pay their higher level managers way more than most psychologists can ever hope to make. So in synopsis; accounting is a safer career. It has much more demand and better pay. EDIT: to PE2008, book keeper jobs might literally be one step BELOW entry level in accounting. You'd be a fool to stay at a job like that for longer than a year. Book keeper jobs don't even require a bachelors degree. No decent student with a degree in accounting would ever take that job and look at it as a career. The CMA license is a pretty good suggestion, but look at the job postings; most are asking for a CPA or CPA+CMA. I'm not saying the CMA isn't good, its a great license to have, but most CMA's got their CPA first.