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Showing posts from March, 2021

How is the CPA Exam Scored and Why Results are not out Immediately?

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  A   Certified Public Accountant   is a certification given to the individuals who cleared the uniform CPA exam by   AICPA   (American Institute of Certified Public Accountants).  Besides, CPA aspirants must meet the educational requirements and relevant experience. The designation of  US CPA  helps to enforce professional standards in the finance and accounting industry. CPA Eligibility: People who want to take the  US CPA exam  or want to have a CPA license need to fulfil the below requirements. 120 to 150 educational credits from a recognized university/college. Relevant work experience of 2 years. Pass Ethics exam. Age limit: 18+ years. CPA Exam Scoring: The candidate’s score for each section of the US CPA exam is reported on a scale in the range of 0 to 99.  Also, the candidate has to score a minimum of 75 to pass a  CPA section . Your total score on the AUD, FAR and REG sections are weighted based on your answers for Multiple-Choice Questions (MCQs) and Task-Based Simulations. F

CA Qualification Equivalence to Post-Graduation will add Value to CPA?

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Good News for all Chartered Accountants & Congrats ICAI. If you are a CA, you can get 60-90 credits. Yes, you heard correctly. Chartered Accountants can get 60 to 90 credits for CPA. From now onwards, the CA qualification is treated as Post Graduation. Students who have done CA foundation will be given additional credits. If you are a CPT, no credits will be added to you. The Uniform CPA Exam follows a certain credit system. A candidate must have 120 credits (in some other states, the requirement can be 150 credits) from a NAAC recognized college. Also, the candidate must have certain designated hours in accounting related subjects. Each academic year will provide you with 30 credits. After completing your bachelor’s degree you can have 30*3=90 credits. And you have to enroll for a master’s degree (From now onwards, The CA qualification is equivalent to a PG degree and adds 60 to 90 credits to you.) CPA Exam Scoring: The candidate’s score for each section of the US CPA exam is

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

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Certified Management Accountant (CMA) is the highest level of certification in management accounting awarded by the Institute of Management Accountants (IMA), USA. The US CMA Course is globally recognized, advanced-level credential appropriate for accountants and financial professionals in the business. CMA Course Duration: Depending on the aspirant’s plan and study schedule US CMA certificate can be completed in a minimum of 6 months to 3 years. As per the guidelines of IMA, an aspirant is required to complete the exams within 3 years from the date of registration. US CMA Testing Windows: IMA conducts US CMA exams in three testing windows every year in India and all over the world. The testing windows are as below. January – February May – June September – October US CMA vs Indian CMA US CMA Course Fee US CMA Course fee varies with the status of the aspirant, any aspirant not a pursuing student of any course is considered as a professional. Following are the different fees involved

Scope of US CMA Course in India 2021 | US CMA Course | CMA Certification

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  (US CMA) US Certified Management Accountant  designation is recognized globally with a special focus on corporate finance and management accounting. It is a certification in financial accounting and strategic management. The US CMAs work in strategy teams, corporate finance, and accounting teams in an organization/company.  The work experience of a  US CMA  include: Administering and monitoring compliance. Identifying the opportunities for investment management. Arrange funding and financing options. Creating management strategies. Supervise lower-level accountants. US CMA Course in India In this globalized era, many companies and organizations require CMAs specializing in value creation and business strategy. Over the years, the significance of CMA has been rising fabulously. It is because of the economic growth in India and large foreign business markets. One of the greatest advantages of having US CMA certification is it will open many prospects for Indian candidates. After comple