The difference between CFA and CPA

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CFA and CPA are both certificates with very high gold content. Due to different fields, their comparability is not high. Candidates are advised to make a correct judgment according to their career planning when choosing, and make clear what kind of influence the certificate has on their career development, so as to maximize the benefits of the certificate. Certified Public Accountant/Certified Public Accountant/

& gt& gt& gt Chartered Financial Analyst

CFA exam for chartered financial analysts has become the strictest and most valuable qualification certification in the global investment industry, and is called the first exam in global finance.

& gt& gt& gt certified public accountant

Certified Public Accountant (CPA) is a certified public accountant officially recognized in China, with the qualification of signing, and also refers to professionals engaged in social audit/intermediary audit/independent audit.

& gt& gt& gtCFA exam difficulty

CFA exam includes ethics and professional standards, quantitative methods, financial reporting and analysis, corporate finance, securities investment, fixed income, derivatives, alternative investment, portfolio management and wealth planning, plus Fintech (financial technology), a new exam subject in 20 19. There are three levels in total.

The difficulty of CFA is that it is an all-English exam. For us whose mother tongue is Chinese, this is a challenge in itself. Even candidates majoring in finance can use netIC, NetCIN, NetPP &；; E it is not easy to mark the net investment capital, net working capital and long-term net assets. Third, it is very difficult for CFA to take ten subjects in each exam. Fortunately, the difficulty is progressive. As long as you pass the first level, it will be a little easier to take the second level.

& gt& gt& gt difficulty of CPA examination

Content of CPA examination: There are six courses in CPA professional stage examination, namely: accounting, auditing, financial cost management, corporate strategy and risk management, economic law and tax law. Comprehensive stage 1, comprehensive test of vocational ability (papers 1 and 2). Candidates should note that only after passing the professional stage can they register for the comprehensive stage. After passing the professional stage examination, candidates can get the professional stage certificate, and after passing the comprehensive stage, candidates can get the general certificate.

The difficulty of CPA lies in its high requirements for all subjects and deep understanding. There are many questions in the exam, and time is a little tight. If you apply for six subjects at one time, it will be a great challenge to the candidates' knowledge reserve and physical strength, and the intensity is above the college entrance examination.

& gt& gt& gtCFA employment prospects

CFA is an international certificate. According to a survey, the main occupations of CFA members around the world are as follows:

Portfolio manager (fund manager): 22%; Researcher (analyst):15%; C-level executives: 7%; Consultant: 6%; Risk control manager: 5%; Corporate financial analyst: 5%; Account manager: 5%; Financial advisor: 5%. CFA is almost for those who specialize in investment banking, investment and funds. Looking for a job abroad does not mean that you can find it by taking CFA or something, just adding points.

CFA is suitable for companies: investment banks, securities, funds, insurance, trust, asset management, commercial banks, investment banking departments of the four major accounting firms, VC, PE, financial leasing companies and investment departments of large enterprises.

& gt& gt& gt The employment prospects of certified public accountants

At present, the CPA qualification examination is the most difficult among all kinds of qualification examinations in China. Fortunately, you can pass the exam in five years. So now the gold content of certified public accountants is very high. After obtaining a practice certificate, you can generally work in an accounting firm and be certified. Non-practicing certificate can enter the enterprise as financial manager or director.

Many large and medium-sized enterprises have positions such as chief accountant, financial manager, finance minister, chief financial officer, chief accountant, etc. These positions all need to hold a certified public accountant certificate.

The salary of a certified public accountant starts at 5000-8000 yuan per month in economically underdeveloped areas, and is around 10000-20000 yuan in economically developed areas. If you set up an accounting firm in partnership, you will earn 1 million yuan a year. The prospect is bright, and so is the "money" scene!

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