CA vs CPA [Accounting] (1 Viewer)

[hatty]

hey

whats the difference between the two? ive spoken to heaps of accountants who say the CA is just better then CPA, but they never really say why, who what is it?

anyone know?

 

[theone123]

well, someone distiguished the difference to me as this.

CPA and CA, CPA has a P which stands for personality, ie. CPA's tend to be much friendly and focus minded people while CA's are more nerdy and lack personality.

Anyway that was a perspective i was told of.

 

[§eraphim]

CPA is for accounting in industry. CA is for specialised chartered accounting firms, eg big4. CA is supposed to be good for auditing as auditors get a good mix of everything. CA is better than CPA cz its perceived as being more prestigious (the CA Professional yr program requires 75% as a pass grade) and cz its chartered (a UK term - given the seal of approval by the Queen herself). Lets just put it this way - the ASCPA wanted to merge with the ICAA but the ICAA rejected them cz they want to maintain their exclusivity. Also, u can bet the main reason that CPA is advertising it so heavily cz it wants to lift up its image - the ICAA doesnt need to do that cz ppl have naturally gravitated to the CA qualification.

 

[theone123]

CPA is for accounting in industry. CA is for specialised chartered accounting firms, eg big4. CA is supposed to be good for auditing as auditors get a good mix of everything. CA is better than CPA cz its perceived as being more prestigious (the CA Professional yr program requires 75% as a pass grade) and cz its chartered (a UK term - given the seal of approval by the Queen herself). Lets just put it this way - the ASCPA wanted to merge with the ICAA but the ICAA rejected them cz they want to maintain their exclusivity. Also, u can bet the main reason that CPA is advertising it so heavily cz it wants to lift up its image - the ICAA doesnt need to do that cz ppl have naturally gravitated to the CA qualification.

on top of that.

CPA's only need a 60-65% as a pass grade for some modules and some others require more. And CPA is poise to tend to be a easier qualification to get hands on than the CA.

CPA has M/C 70% of the exam and 30% on written something.

CA is fully written exam i was told.

 

[ToO LaZy ^*]

how do you choose to apply for one or the other?

 

[santaslayer]

how do you choose to apply for one or the other?

You really don't. The firm you first work for will ultimately decide which one you go for.

 

[Supra]

on top of that.

CPA's only need a 60-65% as a pass grade for some modules and some others require more. And CPA is poise to tend to be a easier qualification to get hands on than the CA.

CPA has M/C 70% of the exam and 30% on written something.

CA is fully written exam i was told.

yes thats tru CA is far more difficult to pass and those who do pass r rewarded...CPA is easier...hence CA is held in higher regard...do CA, and if u cant get thru it go for CPA

 

[hatty]

is it possible to do both?

 

[theone123]

is it possible to do both?

possible but pointless.

both qualifications offer the same thing.

 

[Acid]

Basically CA is a lot more difficult, takes longer and is more in depth, but is regarded as a more professional qualification. CPA on the other hand is larger and easier. I found that out from an actual accountant so i'm gonna do CA.

 

[Supra]

yeh i forgot to mention that i found out bout this stuff from my Dad whos a CA, my cuz whos studying CA, and her husband whos a CPA...i wundt want to go thru CA its quite an ordeal but so is actuarial

 

[theone123]

whoa, ur family are number crunchers

 

[elizabethy]

hahhaaaaa.....

 

[klh]

from a jokeon the internet about CA and CPA:
# poeple went to the toilet to take a piss,
the CA washes his hands andd wipes his hands with alot of paper and sys: We CA's do things thourougly.
The CPA washes his hands and wipes his hands on hte paper but using every inch of the paper nd says: We CPA's do things thouroughly and eficiently.
The Managerial Accountant walks towards them and says, i learn not to piss on my hands.

Ok, bit old and a remake of the Yale/HArvard joke, i think it is anyway.

 

[hatty]

hmmm. i woulda smashed both their faces in with a hammer

 

[azreal]

on top of that.

CPA's only need a 60-65% as a pass grade for some modules and some others require more. And CPA is poise to tend to be a easier qualification to get hands on than the CA.

CPA has M/C 70% of the exam and 30% on written something.

CA is fully written exam i was told.

true. all written when i did it.
eventhough i did the CA, i think the CPA gets you off the blocks sooner interms of making the $.
Majority of employers just want someone who is qualified. The fact you can do more than one CPA subject at a time means you're fast tracked to applying for those jobs. Apart from that, I wouldn't recommend the CPA. Well CPA Australia has good tv ads and jingles i guess.

 

[azreal]

yes thats tru CA is far more difficult to pass and those who do pass r rewarded...CPA is easier...hence CA is held in higher regard...do CA, and if u cant get thru it go for CPA

true. many ppl who dropped out of CA went on to do CPA instead and said it was heaps easier.

 

[Aryanbeauty]

CPA is for accounting in industry. CA is for specialised chartered accounting firms, eg big4. CA is supposed to be good for auditing as auditors get a good mix of everything. CA is better than CPA cz its perceived as being more prestigious (the CA Professional yr program requires 75% as a pass grade) and cz its chartered (a UK term - given the seal of approval by the Queen herself). Lets just put it this way - the ASCPA wanted to merge with the ICAA but the ICAA rejected them cz they want to maintain their exclusivity. Also, u can bet the main reason that CPA is advertising it so heavily cz it wants to lift up its image - the ICAA doesnt need to do that cz ppl have naturally gravitated to the CA qualification.

What is Professional yr program? I cant find any information regarding Professional yr program at CA website.

 

[seremify007]

What is Professional yr program? I cant find any information regarding Professional yr program at CA website.

That's what it used to be called before people started calling it the "CA Program". In some older articles, or some people who did the program quite a while back, they refer to it as "PY".