CPA | US CPA Course | CPA Certification | CPA India | Simandhar Education
Full form of CPA (Certified Public Accountant):
Full form of CPA is (Certified Public Accountant) is a designation given by AICPA to the individuals who have passed the Uniform CPA exam, met the required and relevant experience. The CPA designation enforces high professional standards in the field of accounting.
What is CPA?
CPA (Certified Public Accountant) is a designation given by AICPA to the individuals who have passed the Uniform CPA exam, met the required and relevant experience. The CPA designation enforces high professional standards in the field of accounting.
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 Exam Format & Fee:
There are four sections in the CPA exam:
Regulation (REG): $356.55
Auditing and Attestation (AUD): $356.55
Financial Accounting and Reporting (FAR): $356.55
Business Environment and Concepts (BEC): $356.55
The AICPA administers the CPA exam. The total duration of the exam is 16 hours (4 hours for each section).
| Section | Section Time | Multiple-Choice Questions | Task-Based Simulations | Written Communication |
|---|---|---|---|---|
| REG | 4 Hours | 76 | 8 | - |
| AUD | 4 Hours | 72 | 8 | - |
| FAR | 4 Hours | 66 | 8 | - |
| BEC | 4 Hours | 62 | 4 | 3 |
Multiple-choice questions vary from being one sentenced to paragraph length questions with 4 potential answers. Whereas, the Task-based simulations require the candidates to type in answers, and may include journal entries, research questions, reconciling accounts, filling out a form with multiple questions, or filling out report sections.
Written communication tasks test the ability of a candidate through writing, these are essential in the business environment.
Check your US CPA eligibility:
Every year of university education in India is equivalent to 30-semester credits of US education. The education requirements for CPA exam eligibility vary across states, but the main requirement is that candidates must have completed either a bachelor’s degree or 120 college credit hours.
If you have a B.Com degree cleared in first division from a NAAC A accredited university, you will be entitled to an extra 30 credits taking your total credits to 120. However, some states require that their candidates complete a minimum of 150 college credit hours to sit for the exam, and you’re good to go if you have any of the following qualifications:
- B.Com + MCom/MBA equalling 150 credits
- B.Com + CA/CS/CWA equalling 150 credits
What is the CPA Salary in India?
The Certified Public Accountants are in demand across many industries. They can command high salaries because of their expertise in financing. Also, many companies retain the CPA's accounting talent by paying good salaries along with hikes and bonuses.
- The average salary for a Certified Public Accountant (CPA) in India is ₹701,387.
- The average salary for a CPA in the US is $119,000,
Is a CPA a good career choice?
It's a highly regarded profession, with job security and opportunities for advancement. You can work as an auditor, bookkeeper, tax accountant, financial analyst, controller, accounting manager. Some accounting professionals talk about how they like work that matters and never bores them.
Conclusion:
The above article is about the CPA USA course and its details, eligibility and fees. Hope this helps. If you have any queries, feel free to comment in the section below. Happy Learning!
About Simandhar Education:
Simandhar is the official partner of Becker and AICPA – Largest Training provider for US CPA Course, US CMA Course , IFRS Course and EA Course, HRCI courses in India.
Learn how to clear your CPA exams with extremely satisfying results by getting proper guidance and knowledge through our online courses and video tutorials taught by industry Experts. We’re here to provide you with all the help that you need in order to ace your CPA, CMA exams. We are just a call away for any assistance. Simandhar Education is the leading training provider for the CPA Exam in India.
Comments
Post a Comment