Question
What is the difference between CA, ACCA and CPA?
Answer
Bottom line: CA is India's statutory qualification, ACCA is UK-based and global, and CPA is the US qualification.
1. CA (ICAI)
Only Indian CAs in practice can sign statutory audits under the Companies Act and Income-tax Act in India.
2. ACCA
A globally portable UK qualification, but it does not by itself give statutory audit rights in India.
3. US CPA
Focused on US GAAP, US taxation and US practice rights.
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