ACCA Vs CPA | 9 Key Differences To know: Which is Best
If you are wondering which course to choose between ACCA and CPA then this article clears all your confusion. Both ACCA and CPA are Finance and Accounting courses the main difference is that ACCA covers a wide range of topics in Finance and Management Accounting whereas the CPA is a short duration course of 12–18 months which covers four sections of Finance and Accounting they are AUD, BEC, FAR, REG. The main difference between ACCA and CPA are as follows.
What is ACCA?
ACCA is an international license issued by the Association of Chartered Certified Accountants. To get an ACCA license you need to pass 13 rigorous exams and have 2 years of similar experience in Finance and Accounting.
What is CPA?
Certified Public Accountant is a license issued by the Association of International Certified Professional Accountants and you need to pass 4 parts of the exam and 2 years of relevant work experience to get a CPA license.
Eligibility of CPA vs ACCA
The eligibility criteria to become a CPA are as follows:
- The candidate needs to have 150 academic credit points to pursue CPA.
- The candidate needs to have 2 years of experience in Finance and Accounting.
- Pass all the four parts exam of CPA
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