Question

In: Finance

What pathways are available to you if you do not obtain a CA or CPA qualification?

What pathways are available to you if you do not obtain a CA or CPA qualification?

Solutions

Expert Solution

There are many options available if one is not able to complete his/her CA or CPA.

One can prefer MBA in finance if you are done with you undergraduate, as most of them do. If not MBA or along with MBA one can prefer CFA as it is globally recognized certification.

One can pursue CS(Company Secretary), the certification is easier than regular CA. If you were not able to clear CA due to the difficulty level then you can look for CS. It has 3 stages Foundation, Executive and Professional. If you have completed your graduation then you can directly opt Professional stage.

CMA (Certified Management Accountant), it generally involves cost accounting and management. If you are interested in these area you can look into this.

Financial Risk Management, this is a certification, you can pursue along with you MBA or undergraduate level degree.

Association of Chartered Certified Accountants (ACCA), this is similar to CA, but ACCA provides additional knowledge on UK GAAP, IFRS and laws, hence this seems to be better than CA. There are 14 papers which needs to be cleared.


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