Prime College Partners with KPMG India to Launch US CPA Test Prep Program in Nepal

September 24, 2024
Last updated September 25, 2024
Prime College Partners with KPMG India to Launch US CPA Test Prep Program in Nepal

Prime College, located in Khusibun, Nayabazar, has announced an exciting partnership with KPMG in India to introduce the US Certified Public Accountant (CPA) Test Preparation Program in Nepal for the first time. This collaboration allows aspiring finance professionals in Nepal to prepare for the globally recognized US CPA certification, opening up enhanced career opportunities and positioning them for success in international financial markets.

The US CPA Test Prep program is a prestigious qualification for professionals in auditing, accounting, taxation, and advisory roles. With this partnership, students in Nepal will now have access to industry-aligned resources specifically tailored to meet the high standards of the US CPA examination.

Participants will benefit from the expertise of KPMG in India, gaining a comprehensive understanding of essential concepts and practices needed to succeed in the exam and advance in their careers. Prime College and KPMG India’s goal is to bridge the skill gap in Nepal by helping students gain a competitive edge in the global financial services sector.

The US CPA certification is highly sought after by professionals aiming to work in US-based firms or multinational companies. Focusing on US GAAP (Generally Accepted Accounting Principles) and US GAAS (Generally Accepted Auditing Standards), the CPA program can be completed within 12 to 18 months—offering a fast-track route to career advancement. 

In contrast, the Chartered Accountant (CA) certification, overseen by bodies like ICAI in Nepal and India, typically takes three to five years to complete. Meanwhile, the ACCA (Association of Chartered Certified Accountants) qualification, based in the UK, requires two to three years. The CPA's shorter duration and global recognition make it an appealing option for those seeking international career paths.

Prime College’s introduction of the US CPA Test Prep program presents a unique opportunity for students in Nepal to gain an internationally recognized qualification without leaving the country. This partnership highlights both Prime College’s and KPMG India’s commitment to improving education standards in Nepal and equipping students to meet the demands of both local and global markets.

“We are seeing a growing demand for qualified US CPA license holders, and organizations are increasingly looking to countries like India and Nepal to fill this talent gap,” said Subhro Bhattacharya, Associate Partner, Learning Services, KPMG in India. “Through our collaboration with Prime College, we aim to offer US CPA aspirants from Nepal complete support throughout the exam preparation process, helping them become licensed US CPA professionals and laying the foundation for strong careers.”