The demand for accounting professionals is projected to increase significantly by 2025, according to the American Bureau of Labor and Statistics. This demand is driven, in part, by the globalization of US corporations and their expansion into countries like Canada, India, Australia, China, and the Middle East.
As these companies expand, there is a need for accounting professionals who are well-versed in US tax and regulatory laws to ensure compliance with these laws.Furthermore, the regulation and compliance of US laws in these firms are also contributing to the demand for US CPAs. However, pursuing a US CPA course can be expensive.
To address this, some US-based companies and MNCs have started encouraging their employees to undertake the US CPA course in top CPA review institutes in India as part of their employee development program.Pursuing a US CPA certification can provide professionals with a competitive edge in the job market, and companies are increasingly investing in employee development programs to meet this demand.
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