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International Students

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International Students [#permalink] New post 05 Mar 2010, 09:32
Just out of curiosity - what motivates international students to apply for a master's of accounting in the United States?

IFRS is already practiced by most of the world, and will be implemented in the U.S. soon, as well. It just seems like pursuing a CPA would be unnecessary, unless you're looking to practice only in the United States.

This isn't meant to confront or offend anyone - honestly, I'm just surprised there are so many international applicants and I'm curious about the rationale behind it.
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Re: International Students [#permalink] New post 08 Mar 2010, 09:04
shannondu10 wrote:
Just out of curiosity - what motivates international students to apply for a master's of accounting in the United States?

IFRS is already practiced by most of the world, and will be implemented in the U.S. soon, as well. It just seems like pursuing a CPA would be unnecessary, unless you're looking to practice only in the United States.

This isn't meant to confront or offend anyone - honestly, I'm just surprised there are so many international applicants and I'm curious about the rationale behind it.


Sounds good enough for a reason. Besides, it's not like IFRS and US GAAP are apples and oranges. "Debit" still means "debit". I doubt there's any evidence out there that shows having a CPA, as opposed to holding an equivalent certification from a country where IFRS are already the rule, is a serious hindrance to promotion for jobs in international accounting (for lack of a better term), in the US or elsewhere.
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Re: International Students [#permalink] New post 04 Aug 2011, 06:45
Well, I'll try to give you one answer~

I'm a Korean holding permanent residency, and graduated University in Korea

In Korean job market (big 4 accounting firms), USCPAs are great in demand. Why? Because many Korean companies have to file financial statements based on US GAAP, and for that, they need people who have knowledge in both Korean GAAP and US GAAP so that they can re-form the financial statement which was based in K-GAAP to US GAAP.

For financing job markets in Korea, USCPA is a plus because it is assumed that they have the ability to analyze the financial statements presented by US companies so that they can make decisions on their investment and tradings, and etc...

I guess it applies to most other parts around the world. That's probably why there are so many international students in US accounting programs.

I hope that was a good answer
Re: International Students   [#permalink] 04 Aug 2011, 06:45
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