Kathmandu, Nepal – September 24, 2024 – Prime College, Khusibun, Nayabazar, is proud to announce its partnership with KPMG in India to introduce the US Certified Public Accountant (CPA) Test preparation program in Nepal for the very first time.
This collaboration aims to provide aspiring finance professionals in Nepal with the opportunity to obtain the preparation program for the globally recognized US CPA certification, thereby enhancing their career prospects, and positioning them for success in international financial markets.
A Transformative Opportunity for Students in Nepal
The US CPA Test Prep program is a globally recognized program for financial professionals aspiring to work in the fields of auditing, accountancy, taxation, and advisory. This collaboration aims that students in Nepal can now access thorough industry-aligned preparation resources that have been tailored to meet the rigorous standards of the US CPA examination.
Students enrolled in the program would benefit from KPMG in India’s expertise, by gaining a deep understanding of key concepts and practices that would help them to succeed in the US CPA exam and help them excel in their careers. By offering this program, Prime College and KPMG in India’s aim is to bridge the skill gap, offering assistance to students to gain a competitive advantage in their global financial services sector.
US CPA vs. CA vs. ACCA: Understanding the Differences
The US CPA (Certified Public Accountant) is an internationally recognized certification, ideal for professionals aiming to work in US-based companies or multinational corporations, with a focus on US GAAP (Generally Accepted Accounting Principles) and US GAAS (Generally Accepted Auditing Standards). One of its key advantages is the shorter timeframe to completion, with many candidates finishing the course within 12-18 months, making it a fast-track option for those looking to advance their careers in accounting and finance. In contrast, the CA (Chartered Accountant) certification, which is more region-specific and governed by local bodies such as ICAI in Nepal and India, typically takes 3-5 years to complete. The ACCA (Association of Chartered Certified Accountants), based in the UK, usually requires 2-3 years. The CPA’s shorter duration and global recognition make it an attractive choice for professionals seeking international career opportunities.
By bringing the CPA Test Prep program to Nepal, Prime College is offering students a unique opportunity to gain a competitive qualification that opens doors not just in Nepal, but globally.
Looking Ahead
This partnership reflects both Prime College’s and KPMG in India’s commitment to raising the standard of education in Nepal, offering students a transformative opportunity to enhance their professional qualifications without having to go abroad. With the CPA qualification, students would prepare to meet the demands of both local and international markets, helping them to thrive in their careers. For more information on the US CPA Test Prep program, please visit the official websites of Prime College and KPMG in India.
“We are seeing an increased demand for qualified US CPA licensed holders today and one of the biggest challenges for organisations is a shortage of skilled accountants. They are now looking to countries such as India and Nepal and others to bridge the gap when it comes to meeting their talent requirements.” Said Subhro Bhattacharya, Associate Partner, Learning Services, KPMG in India. “Together with Prime College, our US CPA Test Prep Programme aims to offer US CPA aspirants from Nepal complete support through all steps of the exam preparation, license requirements and their career development, thereby helping them become licensed US CPA practitioners and laying the foundation for a strong career ahead” added Subhro.
About KPMG in India
KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.
KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.
