Mutual Recognition Agreements

Mutual Recognition Agreements (MRAs) between AICPA/NASBA and Professional Accounting Bodies of other Countries

MRAs are sort of trade agreements that facilitate heightened international congruency of conformity standards while protecting consumer safety and exchangeable practice of professionals in different countries across the globe. Through the NASBA/AICPA International Qualifications Appraisal Board (IQAB), MRAs can be operated between signatory countries whereby qualified CPAs from USA can practice in other compliant countries […]

New-Age Accountant Evolution

Evolution of the New Age Accountant

Since inception, the accounting career and profession encompasses significant evolution in principle and practices. The decade old manual bookkeeping systems to maintain financial records sometimes with handwritten ledgers and hefty paper works has been partially replaced by use of computers and software like QuickBooks to some extent. This resulted in a generation of stereotyped but […]

FMAA

FMAA – The New ‘Paradigm Shifter’ in Accounting and Finance

FMAA (Financial and Managerial Accounting Associate) is the new entrant from the portfolio of Institute of Management Accountants (IMA) that was introduced recently and is being considered as a path breaking foundational certification course for accounting and finance professionals. Acquiring the FMAA certification will help the professional, particularly at the entry level to make them […]

CMA CPA Comparison

CMA US or CPA US: Which one to opt regarding Salary and Job Scope?

In today’s advancing accounting field, a mere academic accounting degree may not suffice to fulfil the desired career goal. To make it larger one must acquire optimum knowledge and accounting skill in a professional manner. Here comes the importance of internationally recognized professional accounting credentials to get better job prospects vis-à-vis a decent salary. In […]

CPA CA Key Differences

CPA or CA – The Key Differences

The Certified Public Accountant (CPA) designation in the United States and the Chartered Accountant (CA) designation in India are both prestigious accounting certifications, but they have several key differences: Professional Organizations CPA: Issued by the American Institute of Certified Public Accountants (AICPA) in the United States. CA (India): Issued by the Institute of Chartered Accountants […]