CPA Course Benefits and Exam Requirements | CPA Course Fees & Syllabus | Simandhar Education

US CPA Exam Fee

The US CPA Exam fee as per subjects is a follows:

  • Regulation (REG): $356.55
  • Auditing and Attestation (AUD): $356.55
  • Financial Accounting and Reporting (FAR): $356.55
  • Business Environment and Concepts (BEC): $356.55

CPA COURSE ELIGIBILITY:

  • To appear for the CPA exam, the candidate must have any of the following qualifications.
  • Member of the “Institute of Costs & Works Accountants in India.”
  • Member of the “Institute of Chartered Accountants of India.”
  • Member of the “Company Secretaries in India.”
  • MBAs.
  • Master of Commerce.
  • B.com graduates, pursuing Masters.

CPA Course Benefits:

The benefits of CPA course are listed below:

International Recognition: Pursuing CPA course creates many opportunities for CA, CS, ICWA, M.Com, MBA (Finance), LLB and Commerce graduates who aspire for international certification. 

Career Opportunities: After passing the CPA exam, the candidate can start his career with Auditing & Accounting firms, Investment banks, Research firms, Commercial banks, Private equity firms and so on.

Attain Knowledge: The Certified Public Accountant has proper essential knowledge in US GAAP, business laws, and US federal taxation. 

Flexibility & Ease: CPA exam is a single level online exam with 4 sections. The candidate can easily clear all the 4 sections in less than a year.

Educational Requirements:

To be eligible for sitting the CPA exam, you must complete a bachelor’s degree or have 120 educational credits. Some states require any bachelor’s degree, but few states require a degree in the fields of accounting, business, or finance.

Regardless of the degree, most US states need a minimum level of business-related coursework or accounting coursework.

Let’s know in detail: For example, many states require you to complete 24 semester hours minimum in the accounting courses, including advanced and intermediate financial accounting, taxation, and cost accounting. Typically, states require a minimum of 20 credit hours in courses like business and finance management.

Few states allow you to sit for the CPA exam before you did your graduation.

All the US state boards need your education to come from a recognized and accredited institution. It is often a problem for all the international students who studied in foreign universities.

Few states require a minimum of 150 credit hours to sit for the CPA exam. But, the majority of states need 120 credits to be exam eligible.

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