The introduction of American CPAs in China is still relatively short, so the popularity of USCPA in China is not very high, and in the current job market, having a professional qualification certificate can bring more opportunities and salary rewards to everyone. As one of the three major certificates in the field of accounting in the United States, USCPA has become a popular certificate for everyone to apply for, so what is the prospect of USCPA in China? Let's take a look.
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1. What is the gold content of USCPA in 2024?
As one of the three major international accounting certificates, USCPA has a good reputation at home and abroad, and after passing the USCPA exam, you can be exempted from ACCA8 subjects without a certificate, and can also be exchanged with certificates from Mexico, Canada and other countries, with a wide range of applications, and has been recognized by 130 countries and regions around the world.
Holding a USCPA can provide more employment opportunities for job seekers, and the salary of USCPA holders is also very substantial due to the shortage of talent. Nowadays, as more and more multinational companies enter China, these companies need a large number of people who understand Chinese and American accounting and international accounting standards, and the talent gap is as high as 300,000. Therefore, when many companies recruit financial managers and financial directors, they will hold a USCPA certificate as a preferred employment condition.
2. Relevant domestic policies of USCPA
In 2023, in order to vigorously promote the construction of the National Service Industry Expansion and Opening-up Comprehensive Demonstration Zone and the China (Beijing) Free Pilot Zone, implement a new round of pilot reform in Zhongguancun, further promote a higher level of opening up, build an internationally competitive talent attraction and employment mechanism, and help create a world-class business environment, the Beijing Municipal Human Resources and Social Security Bureau and the Beijing Municipal Talent Work Bureau, together with relevant industry authorities, jointly researched and formulated the "Beijing Overseas Vocational Qualification Recognition Catalogue (3.).Version 0)" to support and encourage professionals with overseas professional qualifications in the Catalogue to come to Beijing for innovation and entrepreneurship. Among them, USCPA is included in the scope of recognition of the directory.
In addition, the Human Resources and Social Security Bureau of Nansha District, Guangzhou Municipality issued the Notice on Printing and Distributing the List of Overseas Vocational Qualifications in Nansha District, Guangzhou. In order to further promote the employment facilitation of overseas talents in Nansha, build an internationally competitive talent attraction, talent gathering and employment mechanism, and help create a world-class business environment, Nansha District of Guangzhou City has formulated the "List of Overseas Vocational Qualifications Recognized in Nansha District, Guangzhou" and "List of Overseas Vocational Qualifications in Nansha District, Guangzhou City" to support and encourage professionals with qualification certificates in the list to start a business and work in Nansha.