The question does not have a clear winner. Which of these is a better career option depends on your career goals and where you wish to work. The parameters that can be used for CPA vs CA are:
International Recognition: CPA and CA are both recognised and accepted worldwide. With international agreements both credentials give you pathways to global accounting roles. Due to the diverse nature of the profession, you may have to study some additional subjects to get recognition overseas.
Syllabus: CPAs and CAs are highly qualified accountants operating within a strict code of conduct. CAs focus intensely on the technical aspects of accounting and complex taxation matters, while CPAs concentrate on accounting and business management as a whole.
Exam Pattern: CPA certification is provided after you successfully pass 4 main papers and 2 electives. The questions are multiple-choice and subjective. To be a CA, one must pass nine exams (seven core and two electives). You can check subject related details on CA and CPA websites.
Course Duration: Candidates can complete CPA in a minimum period of 12 months with intense preparation and planning. In contrast, completing the CA course may take 3-4 years.
Career Scope: A CPA certification expands the job arena, and the candidate can apply to accounting firms and business organisations anywhere. A CA can find lucrative opportunities at home and overseas. Chartered Accountants Worldwide is a global organisation that brings CAs and CA students together in more than 190 countries.
Work Experience: For CPA Australia, you need to gain 36 months of full-time, or the equivalent of part-time work experience. One has to gain 3 years of experience to qualify for a CA certification.
Course Cost: The fees for both programs vary depending on the professional bodies you are enrolled with globally. For reference the important fee figures for both courses in Australia are given below.