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Fri, November 15, 2024

Prime College Partners with KPMG India to Launch US CPA Test Preparation Programme in Nepal

B360
B360 September 25, 2024, 4:57 pm
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Kathmandu: Prime College, Khusibun, Nayabazar, is proud to announce its partnership with KPMG in India to introduce the US Certified Public Accountant (CPA) Test preparation programme in Nepal for the very first time.

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This collaboration aims to provide aspiring finance professionals in Nepal with the opportunity to obtain the preparation programme for the globally recognised 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 programme is a globally recognised programme for finance professionals aspiring to work in the fields of auditing, accountancy, taxation, and advisory. This collaboration aims to ensure 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.

 

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Students enrolled in the programme would benefit from KPMG in India’s expertise by gaining a deep understanding of key concepts and practices that would help them succeed in the US CPA exam and excel in their careers. By offering this programme, Prime College and KPMG in India aim to bridge the skills gap, providing assistance to students to gain a competitive advantage in the global financial services sector.

US CPA vs. CA vs. ACCA: Understanding the Differences
The US CPA (Certified Public Accountant) is an internationally recognised 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 programme 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 be prepared 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 programme, 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, licence requirements, and their career development, thereby helping them become licensed US CPA practitioners and laying the foundation for a strong career ahead,” added Subhro.

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About Prime College
Prime College is a leading educational institution in Nepal, renowned for its focus on delivering practical, skill-based education across a variety of disciplines. Committed to fostering innovation and excellence, Prime College offers programmes at both undergraduate and postgraduate levels, designed to equip students with the tools they need to excel in today’s competitive global environment. With a proven track record of success in bridging academia and industry, Prime College continuously seeks to expand opportunities for its students.

This collaboration with KPMG in India marks a significant milestone in Prime College's journey, providing access to world-class CPA exam preparation for students in Nepal. By partnering with KPMG in India, Prime College reinforces its commitment to offering globally relevant qualifications that enhance the employability and professional skill set of students in Nepal.

About KPMG in India
KPMG entities in India are professional services firms. 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 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.

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