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What is the difference between ACCA and CPA?

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21, Oct 2021
Difference Between CPA Course and ACCA Course

Accounting is a field that has endless job opportunities. It is the backbone of an organization. Be it any industry, accounting professionals are needed everywhere. It is very important to be up to date with accounting and finance, which takes place inside every company. The field of accounting is only growing, and so is the requirement for accounting professionals. It is necessary to be exceptionally skilled to hold a job in the accounting industry. The ACCA and US CPA course are two of the highest certifications in accounting. These courses are collateral to each other as each of them provides extensive and in-depth knowledge in the field. 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. The ACCA course is appropriate for candidates who want to pursue jobs in fields such as banking, auditing, consulting, taxation and law, etc. With a CPA course, a candidate can pursue jobs such as Finance Director, Personal Financial Advisor, Corporate Controller, Public Accounting, Tax Accounting, etc. All jobs that are available require a broad knowledge of the accounting world.

What Is ACCA Course?

  • The ACCA course full form is Association of Certified Chartered Accountants. It is a professional certification that is globally recognized. 
  • The ACCA course has gained a lot of recognition because of which many students have been inclined towards pursuing ACCA. 
  • There are several benefits of pursuing ACCA, be it the global opportunities that it offers or good monetary gains. 
  • ACCA adds good credentials to your portfolio. Association of Chartered Certified Accountants (ACCA) is a leading international accounting body that provides ACCA certifications.
Course Durations

What is CPA Course?

  • The CPA course full form is Certified Public Accountant. A CPA protects the interests of the public and is a very reputed designation. 
  • The CPA course exam is administered by the AICPA, which is the American Institute of Certified Public Accountants, the world’s largest accounting body. 
  • The importance of the CPA is equivalent to that of a CA in many countries. US CPA is a prestigious certification for a candidate’s resume. 
  • This course will help boost your career in accounting. CPAs are professionals certified by AICPA. 
  • They have better chances of getting recruited by MNCs and have a lot of scope for growth.

What does the ACCA course syllabus cover?

  • The ACCA course syllabus is divided into 3 levels. Various subjects and topics are covered in-depth and in detail. 
  • The three levels are Knowledge level, Skills Level, and Professional level. In total, the ACCA syllabus has 11 compulsory subjects on which the exams are based. 
  • The last level is the professional level which has two compulsory papers, and the candidates have an option to select two more from the additional four papers. 
  • The total number of papers that a student has to give in ACCA is thirteen. 
  • Some of the topics that are taught in the syllabus are Management Accounting, Finance Accounting, Corporate, and Business Law, Taxation, Strategic Business Reporting, etc. 
course sylabus

What does the CPA course syllabus cover?

  • The CPA course syllabus is based on four exams or topics. 
  • Each exam course syllabus is different with new topics to cover everything in detail. 
  • The topics that are taught are Financial Accounting and Reporting is exam I, Auditing and Attestation is exam II, Regulation (REG) is exam III, and Business Environment and Concepts is the last exam IV.

ACCA course duration vs CPA course duration

  • Comparing both the curriculums will help you choose which one is more appropriate for you, depending on what you want to learn. 
  • Another difference between ACCA and the CPA course is their duration. The duration of these courses differs just like its syllabus. 
  • It takes 2 years to clear all the ACCA exams with 3 years of work experience. With the correct focus and dedication, CPA course can be completed within 12 months.
exam-fees-and-exam-date

Best training institution for ACCA and CPA course

  • The CPA course and the ACCA course are escalating, and even though they are different from each other, both provide good job opportunities. 
  • Anyone who is looking to pursue any of these courses is looking to excel in the field of accounting. 
  • If you are looking to upgrade and upskill yourself, it is very important to have the right knowledge that helps you move forward in that particular field. 
  • EduPristine provides training for both these courses. For the CPA course, Becker’s study material is provided, which is exam-oriented. 
  • Task-based simulations and problem-solving questions are included in this practical as well as experiential training provided by EduPristine. 
  • Soft Skills training is an added set of skills that are taught in every course provided. EduPristine believes in making their students career-ready, and they also provide placement assistance after the completion of the course along with career services for all jobs. 
  • The ACCA course training is top tier; every topic is covered in-depth and by industry professionals. 
  • All the trainers have first-hand experience and give insights into the accounting world. If you want to know more about the ACCA course fees or the CPA course details, or If you are looking to pursue any of these courses, you can get in touch with our professionals. You can also walk in at our centers for a free career counselling session.
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