Development at Big 4s is directly influenced by reorienting finance itself. Strategic finance leads to better wealth management and directs organizational growth without inviting risk into play.
Business advancements are possible when you gear a workforce with reskilling and developmental schemes.
For professionals in specialized roles like statutory auditors, tax auditor, transfer pricing auditor, cost auditor, F&A certifications are a mandate. One of the advantages of holding credentials is it can help employees achieve authority to independently handle assignments and climb the professional ladder fast.
For instance, the American Institute of Certified Public Accountants (AICPA) offers US CPA certifications for certified public accountants to perform core accounting roles. Those keen to understand cost management, financial analysis, and decision making, US Certified Management Accountant (US CMA) from IMA builds incredible leaders for the organizations. As global accounting certifications leverage high-value competencies for organizations, it makes their workforce more industry-ready.
Hence, having a US CPA while working in an organization is a treasure. Compared to a non-certified accountant, they champ at both IFRS and US GAAP and can perform as strategic partners for organizations and add value to services like public accounting, tax, forensic accounting, bookkeeping, and other outsourceable services.
Those who worked at Big 4s are well aware of the practice and have a significant monetary value. The standard pay scale at PwC or Deloitte is $5,000 within one year and $3,000 within two years.
PwC also offers reimbursement programs and educational programs to assist you on your journey to obtaining your CPA and other primary credentials (CFA, CISA, CIA) faster.
If you pass all components of the CPA exam within the first year of employment or the first year of eligibility for the CPA exam, KPMG rewards $5,000. After the second year of employment or the date on which you become eligible to take your CPA exam, KPMG awards $3,000 to eligible candidates when they complete and pass their CPA exam.
For first-time exam takers of required certifications, the company offers upfront reimbursements for one certification review course and associated exam registration fee. EY offers a professional certification bonus as a reward for achieving the required designations early in your career.
Despite learning and coaching support, Deloitte provides benefits beyond these factors. During their professional journey, our students receive ample study time (via both paid and unpaid days) and financial assistance for the cost of annual fees and CPA tuition. After successfully completing the CFE, candidates are also given a cash bonus for achieving their professional designation.
During the COVID-19 pandemic, upskilling & reskilling has become essential for companies as it is for employees as well as making the nation recognize the trending job skills of the day. Contributing to the need, Miles Education is constantly equipping students with professional finance certifications in CPA/CMA courses.
Our course offerings include globally recognized certifications in the areas of finance & accounting with the US CPA & CMA, business & data analytics courses with IIM Lucknow & Wiley programs, and other emerging and new age technologies like AI, ML, Data Science, RPA, IoT, Cybersecurity and others. Today, Miles Education has a presence across 10 locations in India and caters to global participants for pursuing CPA & CMA courses.
Before the COVID-19 outbreak, we had held many corporate presentations, seminars, ‘Roadshows’ to spread the awareness of CPA/CPA along with executive programs scope & credibility and about the need for upskilling professionals to become future-ready.
Now, with digital help, we have converted the seminars into elaborate webinars to spread the word. We have hosted multiple webinars for the professionals & candidates during the lockdown and will be more than willing to schedule a virtual session for CPA/CMA & other executive courses on-call from your organization.