CPA vs CA

Why I Quit CA From ICAI To Pursue CPA USA And Why I Have No Regret

CPA vs CA

Today we are sharing the journey of Ahsan Khan from Hyderabad, India.

Ahsan is a qualified CPA from AICPA with the help of Simandhar Education and a semi-qualified Chartered Accountant from The Institute of Chartered Accountants of India (ICAI).

Ahsan got really depressed when he failed to clear CA Final exams. Luckily his cousin who is a CPA and working at Deloitte enlightened him about the scope of CPA in India and encouraged him to pursue CPA instead of taking a career break.

Presently Ahsan is an Analyst with Invesco Asset Management Company, Hyderabad with the help of Simandhar Education and credits his CPA degree for this job opportunity. He encourages students to consider Alternate Career Options instead of struggling with Chartered Accountancy.

He further adds that – Chartered Accountancy is amazing but if things are not working out then maybe considering CPA or any other alternate career option would be worth it! You can connect to him over Linkedin and Facebook at – Ahsan Khan.

MY JOURNEY

I was basically an average student in school as I was more into sports and did not focus much on my studies.

However, your school marks and performance doesn’t really matter when it comes to appearing for professional courses like CA, CPA, CFA etc.

What matters the most is your = Dedication + Smart Work + Hard Work.

After appearing for class 12 exams in March 2010, I started researching various courses with good opportunities in India as well as abroad.

After a whole lot of research and discussion with my dad, I decided to become a Chartered Accountant from ICAI and made that my career goal.

MY CHARTERED ACCOUNTANCY JOURNEY

My Chartered Accountancy journey started in 2010 right after giving my class 12 exam.

Also, I forgot to mention, that in class 11 and 12 I took my Science as my stream and not commerce. So all the Accounting terms were new to me!

CPT – 1ST LEVEL CA EXAM:

When I started preparing for CA CPT (1st level CA exam from ICAI) I had a tough time understanding all the Accounting terms from scratch. Luckily I am good at Mathematics so that saved me.

I somehow managed to clear CA CPT (1st level CA exam from ICAI) with 2 months of preparation. I was excited.

However, to become a qualified Chartered Accountant from The Institute of Chartered Accountants of India I still had to clear 2 more exams – CA IPCC and CA Final. I also had to complete 3 years of mandatory internship.

After clearing CPT, I started preparing for CA IPCC (2nd level CA Exam from ICAI. This consists of 2 groups – Group 1 & Group 2).

IPCC JOURNEY – 2ND LEVEL CA EXAM:

Clearing IPCC did not seem to be very easy, so I decided of appearing for only CA IPCC Group 1 and after clearing this I would give Group 2.

Daily, I used to study for almost 6-7 hours effectively. I did give my best.

I gave my first IPCC attempt in November 2011 and unfortunately, I could not clear the exam. But I was not discouraged by that failure.