CPA – Certified Public Accountant
The Certified Public Accountant (CPA) is the Highest Accounting Credential in the USA. Ample Institute is an authorised provider of the Becker CPA review. Together with Becker, Ample Institute provides students with best in market teaching and learning tools to clear the exams in their first try. From the US CPA tests to the licensure procedure, Ample Institute is dedicated to supporting you at every stage.
What is CPA?
The CPA credential is a license issued by one of the 55 states or territories of the U.S. that authorizes the holder to practice as a CPA in that jurisdiction. Licensing of CPAs helps to protect the public interest because only those individuals who have met prescribed requirements are permitted to identify themselves to the public as CPAs.One component of the licensing requirement designed to ensure only qualified individuals become licensed as CPAs is the Uniform CPA Examination. The American Institute of Certified Public Accountants (AICPA), the largest accounting organisation in the world, oversees the CPA course test.
See how earning the Certified Public Accountant (CPA) qualification can impact your career.
CPA Course Curriculum
Business Environment and Concepts (BEC)
Syllabus
· Corporate Governance (16% – 20%)
· Economic Concepts and Analysis (16% – 20%)
· Financial Management (19% – 23%)
· Information Systems and Communications (15% – 19%)
· Strategic Planning (10% – 14%)
· Operations Management (12% – 16%)
Duration
4-hour Exam
Question Pattern
62 multiple choice questions (50% Weightage) & 5 short task-based simulations (35% Weightage), Written communication (15% Weightage)
Regulation (REG)
Syllabus
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Ethics, Professional, and Legal Responsibilities (15% -19%)
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Business Law (17% – 21%)
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Federal Tax Process, Procedures, Accounting, and Planning (11% – 15%)
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Evaluating Audit findings, communications & reporting (16-20%)
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Federal Taxation of Property Transactions (12% – 16%)
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Federal Taxation of Individuals (13% – 19%)
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Federal Taxation of Entities (18% – 24%)
Duration
4-hour Exam
Question Pattern
76 multiple choice questions (50% Weightage) & 9 short task-based simulations (50% Weightage)
Financial Accounting and Reporting (FARE)
Syllabus
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Conceptual Framework, Standard Setting and presentation of Financial Statements (17-23%)
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Financial Statement Accounts: Recognition, Measurement, Valuation, Calculation, Presentation and Disclosures (27-33%)
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Specific Transactions, Events and Disclosures: Recognition, Measurement, Valuation, Calculation, Presentation, and Disclosures (27% – 33%)
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Governmental Accounting and Reporting (8% – 12%)
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Not-for-Profit (Nongovernmental) Accounting and Reporting (8%-12%)
Duration
4-hour Exam
Question Pattern
66 multiple choice questions (50% Weightage) & 9 short task-based simulations (50% Weightage)
Auditing and Attestation (AUDIT)
Syllabus
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Engagement Acceptance & understanding the environment (12-16%)
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Understanding the entity and its environment (16-20%)
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Performing Audit procedures & evaluating evidence (16-20%)
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Evaluating Audit findings, communications & reporting (16-20%)
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Accounting & review services engagement (12-16%)
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Professional responsibilities (16-20%)
Duration
4-hour Exam
Question Pattern
72 multiple choice questions (50% Weightage) & 9 short task-based simulations (50% Weightage)