US CPA – Details, benefits, fees, syllabus, and eligibility

Administered by the world’s largest accounting body AICPA (American Institute of Certified Public Accountants), a US Certified Public Accountant is the highest standard of qualification in the accounts industry. Globally recognized, acquiring the US CPA helps to attain the glorious accounting career you aspire. The recognition of the certification makes you eligible for premiere opportunities worldwide.rnCPA Course EligibilityrnTo become eligible for the US CPA examination you need to have a certain amount of academic credits which is equivalent to a master’s degree in India. You must have one of the following qualifications in order to sit for the exam: · A Master of Business Administration degreern· Membership of ICAIrn· Membership of ICWAIrn· Membership of CSIrn· A Master of Commerce degreernThere are a few exceptions in the eligibility criteria for an Indian Chartered Accountant with a background of Bachelor’s in Commerce because the criteria vary from state to start. To get the exact details, you may get in touch with a recognized training provider.rnCPA Course SyllabusrnThe syllabus of US CPA exam has four sections and each of them have their own separate curriculum and exam. The four subjects are listed below: • Auditing and Attestation (AUD), • Financial Accounting and Reporting (FAR) • Regulation (REG), • Business Environment Concepts (BEC)rnEvery year a huge number of aspirants from different countries in the world prepare for and take the US CPA exam. The examination paper has multiple choice questions, task-based simulations, and subjective answer type question. Strategic preparation is must excel in this examination.rnCPA Course BenefitsrnBeing a qualified CPA has its own set of benefits, some even say that it is the ultimate qualification with unlimited possibilities. A few of those benefits are listed below: · Global Recognition: The credential is recognized in almost all countries, including the USA. • Career Opportunities: US CPA qualifies for an array of lucrative profiles in a number of companies that can be research firms, private equity firms, accounting or auditing firms, commercial banks or investment banks, etc. • Comparatively easier: US CPA is a single level exam that is conducted online and has on four paper. If a person is really into it, he/she can clear the exam and become a US CPA in less than a year. • Excellent future: US CPA can be compared to the Indian Chartered Accountancy, however, CAs might not enjoy as varied recognition as the US CPAs. CPAs acquire knowledge about the US federal & business laws, US GAAP and US GAAP, etc. which makes them eligible for a huge number of MNCs & esteemed organizations.rnCPA Exam application process and feesrnTo take the CPA Exam you need to follow a list of instructions and it should now be confused with the process of getting a CPA license. You need to understand the minimum eligibility criteria of the jurisdiction where you wish to apply for the CPA exam. After that, you need to submit the exam fee along with the application and the required documents.rnYou prepare for the exam, choose the dates of the exam and the center and take the exam. You need to clear the exam with the minimum passing score to become eligible for the license.rnCPA Course Exam and pass ratesrnThe exam has to be taken in four-part, as mentioned above, and the total time given for you to complete the exam in 14 hours. The scoring of the exams are done independently for each student and they are judged on the grounds of their knowledge skills and analytic approach. The average pass rate for the CPA Exam is 50%.rnhttps://www.edupristine.com/blog/cpa-course-application-fees-benefits