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This depends on your own situation, and career plans. If you're asking which CPA is the most recognized on a global basis, then that would be the american CPA, however; that does not mean there is no reason for getting the Australian CPA for instance. If you plan on working in Australia, then the Australian CPA would definitely be the better choice, that's why choosing which designation to acquire requires you to think about your own career, and your future goals.
Compliance with local laws E.g CPA Australia
