Given the limited supply of CPAs in India, what do MNCs and Big 4s do?

The demand for CPA has considerably grown in recent times with the growth in MNCs and outsourcing of F&A (Finance & Accounting) work from Big4s in India. Consequently, the requirement for candidates with knowledge in US GAAP, IFRS, US Compliance and Taxation has risen. The job market in India is inundated with Indian CAs who are hired for these job roles and though they are able to perform with adequate training on these varied job roles, they are not able to lend the credibility of a CPA. This is one of the primary reasons that the demand for CPA’s has increased in India. MNCs and Big 4s are constantly on the look-out for CPAs. Many of them also sponsor their professionals to pursue the CPA course.

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