How much does an ACCA earn in USA?
While ZipRecruiter is seeing annual salaries as high as $154,500 and as low as $11,500, the majority of Acca Qualified Accountant salaries currently range between $40,000 (25th percentile) to $81,500 (75th percentile) with top earners (90th percentile) making $113,500 annually across the United States.
By pursuing the ACCA course, you can access the global job market. As an ACCA-certified accounting professional, you can get many high-paying and well-respected job opportunities worldwide. If you want to work as finance or accounting professional in foreign countries, then a certification like the ACCA is a must-have.
First, the US CPA has fewer sections (4 exam sections vs 13 papers for the ACCA Qualification), but they are all hard. In fact, the US CPA pass rate hovers around 45-55%. Likewise, the ACCA estimates their mean pass rate is about 55%. However, CPA candidates can benefit from studying with a review course.
Those who aim to become a chartered accountant and also expand your career goals abroad, ACCA is the go-to choice. For those who are tired of attempting the CA exams, the ACCA course is a boon because of its flexibility and the ease of approaching the exams when compared to the CA levels.
The main difference between both the courses is that CPA is more about financial accounting, whereas ACCA is financial as well as management accounting. Both of these courses are highly qualified designation for professionals looking to make a career in accounting.
Unfortunately, there is no quick route for ACCA members to obtain the US CPA. In order to obtain your US CPA qualification, you will need to sit for the CPA exam and pass the four-part exam.
ACCA job roles include Finance Director, Business Analyst, Chief Accountant and Commercial Finance Manager. You could work across a number of different locations, including Canada, Trinidad and Tobago, Brazil and the United States.
The CMA USA-certified professionals are offered higher salaries than the ACCAs. Moreover, it is better to do the CMA USA if you are interested in management accounting. If you have a background in accountants and auditors, you should do well with ACCA, which is more prevalent in Europe.
The highest-paying job at ACCA is a Business Relationship Manager with a salary of ₹17.4 Lakhs per year. The top 10% of employees earn more than ₹38.50 lakhs per year. The top 1% earn more than a whopping ₹101 lakhs per year.
ACCA professionals are highly in demand to fill the job roles in the field of Finance and Accounting, including Financial Accountants, Financial Analysts, Financial Controllers, etc. ACCA professionals can find jobs as Commercial Finance Managers, Associates, Finance Directors, etc.
Is ACCA prestigious?
Conclusion. Both the ACA and ACCA are prestigious qualifications which provide attractive career opportunities and are highly valued by employers.
The ACCA Qualification is broadly equivalent to degree standard when you take the first nine papers (the Fundamentals level). When you take the Professionals level, it is equivalent to a masters degree.
The Mutual Recognition Agreement (MRA) provides a clear route for ICAS members to achieve the U.S. CPA and licensure, and U.S. Certified Public Accountants to attain the CA designation and be on the pathway to UK audit signing rights.
Other Qualifications – Students who have completed their US CPA are eligible to get 8 exemptions in ACCA.
According to Indeed, the average base CPA salary in the US is $79,316 in 2022 taking the data from all the CPA job postings on the job board.
The United States is one of the highest-paying countries for ACCA. In the United States, salaries range from Rs. 29.6 LPA to Rs. 88.2 LPA.
Our USA academic partnerships enable current and prospective ACCA students to continue their education in the United States and gain ACCA exemptions, while working towards a bachelor's or master's degree from a valued and impressive US university.
ACCA vs Master's in Accounting
An ACCA qualification is the quickest way to start your career in the world of accounting and finance as compared to taking a master's degree. Also, the fees for an ACCA qualification are lower than the fees for an accounting degree.
Both have their pros and cons, but it is up to you to decide which career you want to pursue – ACCA will provide you more of a specialized skill set, whereas MBA will give you a broader skill set to handle the overall business.
Kumar Mangalam Birla
Billionaire and chairman of the Aditya Birla Group, Birla was educated in Mumbai and London.
What is ACCA salary per month?
The national average salary for a ACCA is ₹4,23,475 in India.
| Job Title | Range | Average |
|---|---|---|
| Job Title:Accountant | Range:₹174k - ₹738k | Average:₹360,036 |
| Chartered Accountant | Range:₹361k - ₹3m | Average:₹1,009,643 |
| Finance Manager | Range:₹197k - ₹3m | Average:₹994,421 |
| Associate Auditor | Range:₹291k - ₹792k | Average:₹398,739 |
- 1) Financial Controller.
- 2) CMA (Certified Management Accountant)
- 3) Chartered Accountant.
- 4) Bank Branch Manager.
- 5) CGA (Certified General Accountant)
- 6) Senior Accountant.
- 7) Financial Analyst.
- 8) Credit Supervisor.
ACCA exam papers are one of the most difficult exams in the world to complete. You must have the perseverance attitude, not easily give up and be strong in spirit because if you fail one paper, you must re-sit it. But what if you fail that paper for the 5th time? Many ACCA students experienced it.
Another aspect of having the ACCA Qualification is that you can work in any industry – there is not a single sector that does not need qualified accountants, finance professionals or leaders.