Professional accounting certifications are valuable because they allow accountants to work in fields that would otherwise be off-limits. You must pass the Certified Public Accountant Examination to obtain this title and demonstrate why you deserve it. This makes it an even more illustrious achievement.
Depending on your state’s board of accountancy, you may be able to sit for the CPA Exam while still a student. If you are currently enrolled in college, you should verify with your state board to see if this is a viable choice. Work with a credential evaluation organization to ensure your eligibility. You can then choose the best time to take it.
The time and money required to complete the requirements for a CPA license are substantial. But the benefits of being a CPA will far outweigh the cost. Read on to learn about some of the most prominent advantages of being a CPA in the USA.
Benefits of Being A CPA in the USA
Most current CPAs would tell you that earning their certification was one of their best decisions. Getting your CPA designation means more doors will be open to you. Here are the benefits of being an accountant in the USA.
1. Higher Earnings
Earning more money is just one of the many advantages of being a CPA. In addition, several businesses reward staff members monetarily if they earn their CPA certification. Because of the effort required to earn the certification, CPAs command a high level of respect, earnings, and benefits.
2. Professional Competency
CPAs are the best of the best in their field. They have more knowledge and experience than the average accountant. A CPA is a professional accountant who has earned that designation after extensive study, training, and experience. Certified Public Accountants are among the most esteemed professionals in the accounting industry. As a result, having a CPA credential is useful for demonstrating competence in the field.
3. Global Opportunities
Multinational companies are becoming increasingly popular in today’s interconnected world, and this trend has increased the demand for accountants with unique life experiences and cultural perspectives. This means that even though many accountants may have mastered the accounting principles in one country, they can continue to expand their horizons and salaries by understanding the accounting principles in the US, which is widely acknowledged as a universal accounting qualification.
4. Strategic Advantage
In a global setting, international accountants with a firm grasp of accounting concepts, tax rules, and business laws pertaining to the world’s greatest economic institutions have a significant leg up in the frequently hostile and extremely competitive public accounting industry.
Many countries have their own accounting test; nevertheless, due to the extensive commercial ties between the United States and other countries, possessing a US CPA license is a highly appreciated addition to your resume, regardless of your education or experience.
5. Higher Levels of Job Satisfaction
CPAs are specialists who often handle various tasks, including subfields of accounting, consulting, IT, or international financial reporting. Many CPAs find their careers more satisfying than accountants who lack a CPA license because of the variety of work they get to do.
Furthermore, CPAs can work in a wide variety of specializations. Forensic accountants and tax attorneys are two examples. You can pick a specialization that appeals to your personality and passions. Accredited CPAs are also free to switch specializations if they so choose.
6. Recognizance and Honor
If English is not your first language and you are not used to the American manner of teaching and studying, the US Certified Public Accountant Exam might be challenging to prepare for and pass. This makes the US Certified Public Accountant accreditation an even more desirable credential for overseas accountants. It is proof of their accounting knowledge and command of business English.
When the United States engages in trade with other countries, this is an essential factor to consider. Many employers are looking for candidates with dual CPA certification because they want the best of both worlds.
7. Ease of Travel
While the CPA license permits people to travel, as an international accountant with a CPA license, you will be especially valued for traveling and conducting business where the firm or organization you work for desires to have an international presence. You can use the insights and skills you gained while working in international accounting to further your travels or to land a position in the United States.
8. High Demand
To add to the list of advantages, having a CPA credential can increase your chances of getting hired. Because CPAs are in such high demand, you should have little trouble finding and keeping gainful employment after earning your certification.
CPAs are in high demand for top financial roles in businesses, nonprofits, and governments of all sizes and sectors across the globe. It should be no surprise that CPA certification is a plus when it comes to hiring and promoting younger accountants.
Take the First Step toward Your CPA Certification with ERES
Foreign accountants seeking professional growth and a competitive edge can take advantage of the United States’ current need for certified public accountants. It’s always possible to sit for the United States Certified Public Accountant exam, regardless of your country of origin.
However, before you can apply for the CPA exam, you must consider a foreign transcript evaluation for CPA to ensure your eligibility. This is where ERES comes in. With years of experience in credential evaluation, we can help you take your career to the next step.
