Scope In India
WHY DO
International (Non-U.S.) Candidates take the U.S. CPA Exam ?
Consider a situation where an Indian business school
graduate applies for an accounting position in an Indian
firm doing business with a U.S. company. The management of
the firm would need assurance that the applicant is
acquainted with both U.S. and Indian accounting standards
along with working knowledge of English. An effective way to
meet the criteria and win through this competence is to pass
the U.S. CPA exam.
Despite the interest in the CPA exam, accounting graduates
in India and other foreign countries rarely wish to practice
in the U.S. In fact, they are generally not concerned with
receiving a permit or license. What is most important to
them is the ability to provide employers with verifiable
evidence that they have the accounting and English skills
necessary to pass the U.S. CPA exam.
With a growing number of foreign candidates taking the U.S.
CPA exam, U.S. companies operating in foreign countries are
now able to hire residents that understand U.S. accounting
standards. Furthermore, the globalization of the economies
and uniform standards are boosting the requirement of the
services offered by U.S. CPAs in the worldwide market.
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