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Is it better for skilled immigrants to study CPA or ACCA in Australia?
1, the difficulty of core subjects, ACCA is not comparable to CPA, and even far less than the difficulty of accountant title examination.
2, professional extension, ACCA covers a much wider range than CPA. Good English, those who have a preference for management can try.
3. What domestic foreign-funded accountants need to do is to adjust the financial reports prepared according to domestic accounting standards according to the accounting standards of the country where the parent company is located as part of the consolidated statements of the parent company. At present, domestic foreign companies generally belong to the level of grandchildren and subsidiaries of multinational companies. Companies at this level basically belong to management levels such as cost, sales and profit centers, but they still do not touch the investment and financing level. However, the accounting treatment based on business activities, in fact, the differences of accounting standards in different countries are not great, so the adjustment of financial reports by foreign accountants is also very limited.
4.ACCA is only valid in Commonwealth countries, but not in European countries, let alone internationally. Let's see how many foreign companies with British background are in China. It can only be said that the advertisement is well done and the domestic market entered earlier.
Personally, if domestic accountants want to develop in China after all, they should first consider certified public accountants, which is the most valuable touchstone of domestic accounting professional ability at present. And ACCA, icing on the cake.
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