... to study MBA in the United States. Which should CFA and CPA take now?

CPA has only the right to sign in China, and its international influence is very small, far less than CPA and AICPA in the United States.

I. Certified Public Accountants

CPA(CertifiedPublicAccountant) is the abbreviation of Certified Public Accountant. Refers to the employees who have obtained the certificate of certified public accountant according to law and are entrusted to engage in auditing, accounting consulting and accounting services.

1, registration conditions for certified public accountants

China citizens with college education or above, or with intermediate or above technical titles in accounting and related majors, may apply for taking the national unified examination for certified public accountants; Persons with senior technical titles in accounting or related majors may be exempted from some subjects. Persons who have passed the national unified examination for certified public accountants and have been engaged in auditing for more than two years may apply for registration with the Institute of Certified Public Accountants of provinces, autonomous regions and municipalities directly under the Central Government.

2, CPA exam content

Since 2009, the CPA examination has been reformed. The CPA examination under the new system is divided into two stages.

The first stage is the professional stage, which requires passing six exams for five consecutive years.

The second stage is the comprehensive stage: it is required to pass the comprehensive vocational ability test within five consecutive years. Only by passing the two-stage exam can you get a general certificate. It can be seen that the requirements for certified public accountants are getting higher and higher now.

3. 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. 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!

Three. chartered financial analyst

CFA is short for "CharteredFinancialAnalyst". Also known as "Chartered Financial Analyst".

1, CFA study population

Its examination focuses on the most advanced international financial theory and technology, including investment analysis, portfolio management, financial statement analysis, corporate finance, economics, investment performance evaluation and professional ethics. CFA qualification certificates are awarded to professionals in various investment fields, including fund managers, securities analysts, chief financial officers, investment consultants, investment bankers and traders.

2.CFA exam scope

CFA exam content is divided into three different levels, namely Level 1, Level 2 and Level 3. Examinations are held all over the world, and each candidate must complete three different levels of examinations in turn.

CFA qualification examination is conducted in English. Candidates should not only have financial knowledge, but also have good English reading ability. Successfully passing CFA course is an achievement, which can win the high respect of employers, investors and the whole investment community.

With the increasing number of CFA exam references, since 2003, the Investment Management and Research Association has increased the LevelI exam from once a year to twice a year. In addition to being held in 65,438+060 test sites around the world in May/June, it will be held again in 23 regions including Singapore and Hong Kong in 2003. Therefore, from 2003, LevelI candidates will have two opportunities to take the exam.

Chinese mainland has set up examination rooms in Beijing, Shanghai, Guangzhou and Hong Kong in June, and Beijing, Shanghai and Hong Kong in June and February. China candidates generally feel that the exam is very difficult and expensive, and it costs at least 20,000-30,000 RMB to complete all the exams.

3, CFA exam content is roughly

(1) Ethics and professional standards; ② Financial accounting; ③ Quantitative techniques; 4 economics; ⑤ Analysis of fixed income securities; ⑥ Analysis of equity securities; ⑦ portfolio investment management.

4, CFA employment prospects

The world-renowned institutions that employ the most CFA staff include Merrill Lynch, Goldman Sachs, Morgan, Citigroup and PricewaterhouseCoopers. There is an urgent need for high-end financial talents: many companies clearly put forward that people with work experience and professional certificates (CPA, CFA, FRM) are preferred, especially foreign-funded institutions.

At present, CFA professionals who recruit the most serve world-famous financial institutions: Merrill Lynch, Citigroup, Morgan and so on. Compared with the financial industry in developed countries, with innovation and business expansion, it has penetrated into a very wide range of fields. Derivative products, fixed-income products, financial venture capital and PE-related fields all need a new generation of young people in China to expand.

6. American CPA

USCPA-American Certified Public Accountant, whose examination is organized by American Institute of Certified Public Accountants, is the most authoritative accounting certificate in the world, known as "the first global accounting certificate", welcomed by 64 countries including China, and the most recognized accounting certificate for China companies and foreign companies listed in the United States. With the rapid development of economic globalization, accounting standards are constantly internationalized, because the United States is an economic power and has far-reaching influence in the world.

1, USCPA registration conditions:

The qualification of USCPA varies from state to state, because the United States is a federal country, and each state has its own regulations.

General requirements:

(1) bachelor's degree or about to get a bachelor's degree. Individual states (such as Delaware) can allow junior college degree (there is no academic qualification limit, that is, any major can apply).

(2) More than 150 total credits (states that do not require 150 credits, such as California and Colorado). )

(3) Have certain accounting credits and business credits.

(4) Some states (such as Alaska) can replace the required accounting credits with one year's working experience in an accounting firm.

The above requirements often need to be met simultaneously.

At present, the states where international candidates take the most exams include Delaware, California, Hawaii, Guam, Illinois and Washington. Other states including Alaska, Montana, New Hampshire, Maine, Virginia and Vermont also have more international candidates to choose from every year.

2.USCPA exam time:

USCPA has a great choice of exam windows. The exam is held in four quarters, and can be taken every month except in March, June, September and 65438+February every year. It should be noted that the examination time cannot be a national holiday in the United States, and the examination will not be held every Saturday and Sunday.

Candidates in the same window can choose one or more subjects to take the exam, but the same subject cannot be registered repeatedly in the same window. After passing one subject, candidates must pass the other three subjects within 18 months, otherwise the test results will be invalid.

3, USCPA exam content:

There are only four subjects in the USCPA exam, namely: BEC business environment, AUD audit and evaluation, regulation REG, financial accounting and reporting FAR. There are members of the American Institute of Certified Public Accountants who have unified questions, unified examinations and unified grading standards, with 99 points and 75 points. It is not a problem for candidates to prepare for USCPA easily as long as they master the different characteristics of each subject, combine their own situation and use learning strategies.

4.USCPA exam form:

The exams are all computer English exams. Compared with American candidates who are not good at exams, it is definitely a big advantage for domestic candidates to take USCPA.

5.USCPA is suitable for people:

USCPA, known as "the first certificate of global accounting", is not only the most authoritative accounting certificate in the world, but also welcomed by China companies, foreign companies and the four major accounting firms listed in the United States. It is the first choice for them to recruit talents, which not only increases their competitiveness in the international workplace, but also enhances their international professional credibility and authority. For graduates, the formal job opportunities obtained by participating in USCPA are far more than those of non-USCPAU students, especially international students. In addition, it is the best shortcut for immigration.

6.USCPA certificate exemption

AICPA can be exempted from the professional qualification of certified public accountants in other countries or regions: Canada (CICA), China and Hong Kong (HKICPA), Ireland (Cai), Mexico (IMCP), New Zealand (NZICA), Australia (ICAA) and the United Kingdom (ACA).

In addition, AICPA can also be exempted from eight subjects of British ACCA, and there is no requirement for certificates. The theme is:

F 1 business accounting

F2 management accounting

F3 financial accounting

F4 Company and Business Law

F5 performance management

F6 tax

F8 Audit & Assurance Company

F9 financial management

7.7 development prospects. USCPA:

-Robert Half International, the world's largest accounting and financial professional service company, finally identified five USCPA jobs with the most growth potential by investigating and studying the salary guidelines of American companies, the actual number of recruits in various occupations and discussing career prospects with hiring managers.

Considering that more than 300 China enterprises have been listed in the United States, the employment prospect of USCPA is definitely not only in the United States, but also in China. These China enterprises listed in the United States need a large number of professionals who know about American accounting standards, American tax system and American listed company supervision system. At present, the number of USCPA members in China is only about 1000, and the demand gap is expected to be tens of thousands.

Here are the five most promising USCPA jobs listed by Robert Half International:

(1), internal auditor

At present, the company urgently needs internal auditors, especially those who have obtained the qualification of American certified public accountants, to help them improve their internal control to meet regulatory requirements, such as SOX Act. Due to the strong growth of demand, the salaries of internal auditors are also rising. The average starting salary of internal auditors in large companies is expected to be between $77,500 and $65,438 +00 1500. AUD audit of USCPA is the subject of talent evaluation and training for this position.

(2) Compliance Manager

At present, the company urgently needs a compliance manager with experience in providing reports to the SEC to cope with the increasing corporate governance disclosure requirements. The starting salary of the chief compliance manager of a large company is expected to reach $132500-$181250. If you work in a medium-sized company (annual sales income is between $25 million and $250 million), the compliance manager can get a starting salary of $65,438+010,000-65,438+045,500. The compliance of financial statements is fully explained in the FAR subject of USCPA, and financial workers with USCPA qualifications are fully qualified for this highly professional position.

(3), financial analysts

When the company begins to expand, financial analysts can help the company prepare the budget, predict the business prospects and determine how to achieve more profits. Therefore, financial analysts are especially needed for the positions of management and senior managers in the company. Their starting salary can reach 55,750-70,000 dollars in small companies (annual sales income is below 25 million dollars); In large companies, it can reach 58,250-73,750 dollars. BEC subjects in the four subjects of USCPA mainly include financial analysis, corporate governance and financial management. It aims to cultivate compound talents of finance and accounting from the company operation level and expand the employment scope of American certified public accountants.

(4), junior accountant

Companies need accountants (including public accountants) with at least three years' working experience to register the general ledger, prepare financial statements and prepare budgets. As a junior accountant in a large company, the starting salary is generally between $465,438 and $0,250-52,500. This is the position chosen by most American graduates with master's degree in accounting and USCPA qualification, and it is also the position most likely to get their first job.

(5), external auditors

Accounting firms are expanding their manpower to meet the growing business needs, and certified public accountants with 3-7 years' working experience will be particularly popular. The starting salary of an experienced CPA in a small firm can also reach $48,750-63,000. In American accounting firms, except administrative staff, the remaining 70% employees are qualified for USCPA. Although the position has a moderate annual salary, accounting firms are the preferred employment destination for most USCPA holders.

At present, more than 300 China enterprises are listed in the United States. These enterprises need a large number of accounting talents who know American accounting standards and American tax system to help them expand and develop. At present, the number of USCPA members in China is only about 1000, and the demand gap reaches 250,000.

To sum up, comparatively speaking, obtaining USCPA certificate is definitely the wisest choice for people engaged in the accounting industry. CPA has a long examination period, and it has no right of recognition internationally, so it can only enjoy high treatment at home. However, USCPA has only four subjects and a wide range of employment. In addition, its examination time is not as long as USCPA's window, and its certification period is short. You can get USCPA certificate within one year, and at the same time, you can be exempted from the highest certified public accountant certificate in other countries or regions. Not only can you get a high position and a high salary, but you can also go to the country you want to go to and do your favorite job, which is undoubtedly the most enjoyable thing in your life.

However, because accounting certificates are everywhere, how to choose the accounting certificate that suits you ultimately depends on your own situation. If you have any questions about applying for USCPA or applying for USCPA, you can consult our USCPA teachers online or by phone, and they will give you the most suitable advice according to your own situation.

Remember to adopt it if it helps, thank you!