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Is there a great demand for ICPA certificates of international certified public accountants in China now?
First of all, taking the ICPA exam is more useful for financial newcomers. Financial professionals with ICPA certificates earn $500,000 more than those without ICPA certificates throughout their careers.

This is the most scarce international professional qualification in the world today, and it has also become the internationally recognized highest professional qualification in the financial industry, which is highly respected by the world's top 500 enterprises. At present, the gap of international senior accounting talents in China has reached 3 million. The vast majority of ICPA certificate holders work in large multinational enterprises and top 100 domestic enterprises, and their career development prospects are very broad. The global average annual salary of ICPA is $654.38+750,000. International Certified Senior Accountant (ICPA) has become one of the highest financial professional qualifications in the world.

Second, for people with poor learning ability, it is more cost-effective to take the ICPA exam.

ICPA is easy to test, and the difficulty of ICPA can be said to be very low compared with CPA and CMA, but this does not mean that the gold content of ICPA is low.

The gold content of ICPA can be explained from the following four aspects:

1, the number of international certified public accountants in China is scarce.

According to authoritative statistics, there will be at least 500,000-654.38+0,000 international senior accountants in China in the next five years. However, at present, the number of ICPA international accounting firms in China is less than 1 10,000. It is reported that at present, most ICPA members in China hold middle and senior positions in multinational enterprises, such as financial managers, chief financial officers and partners of accounting firms. The annual salary of ICPA members is usually 400,000-6,543.8+0,000 yuan, and some even reach 3 million yuan, far higher than the income of ordinary financial personnel in the market.

Then, things are faintly expensive, and the development of ICPA has unlimited possibilities.

2. The development of artificial intelligence makes ICPA more and more popular.

AI (artificial intelligence) can free financial personnel from a lot of replaceable, repetitive, meaningless and tedious work.

But artificial intelligence can't analyze management decisions, and it can't reach such a high level.

This still needs employees with both management and financial work experience and ability background to complete.

Then, it is also an effective strategy to transform into an international certified public accountant without being replaced.

3.ICPA has been greatly promoted by the state.

On September 3, 2020, Mr. Song Yun, representative of AACA International Institute of Chartered Accountants in China, Mr. Xiao Hanlong, executive director of Shouguan Education Group, and Mr. Huang Guocheng, secretary-general of China Business Accounting Society held a signing ceremony for ICPA joint certification of international certified public accountants in Beijing.