CPA (Certified Public Accountant)

In view of the increasing globalization of Business & Accounting practices, a Credential indicating an added understanding of U.S. Accounting Principles (U.S. GAAP) & International Financial Reporting Standards (IFRS) will prove important in securing the position you want. It provides you with extra marketability & international mobility.

Being a U.S. CPA also can prove very beneficial when dealing with International Clients & Companies because it underscores your understanding & mastery of U.S. Tax & Regulatory matters along with IFRS. We admit taking the U.S. CPA Examinations is not an easy task. That is why Becker CPA Review is here to help you in preparing you effectively for the U.S. CPA Examinations.

The Certified Public Accountant (CPA) is the Highest Accounting Credential in the USA & is similar to the Chartered Accountant qualification in India. The American Institute of Certified Public Accountants conducts the U.S. CPA examination.

Course Details

The CPA Exam

If you are wondering about the CPA exam format and what each section comprises of, we have it covered for you below. The CPA exam consists of four parts:

Financial Accounting and Reporting (FAR)

• Duration: 4 hour Exam

• Multiple-Choice Questions & Task-Based Simulations

Auditing and Attestation (AUD)

• Duration: 4 hour Exam

• Multiple-Choice Questions & Task-Based Simulations

Regulation (REG)

• Duration: 4 hour Exam

• Multiple-Choice Questions & Task-Based Simulations

Business Environment and Concepts (BEC)

• Duration: 4 hour Exam

• Multiple-Choice Questions, Written Communication, Tasks & Task-Based Simulations

Registration Procedures

  • Once you register with us you will be required to send all your testimonials (consisting of All Mark sheets & Certificates from Std. X till current educational status) to an Evaluation Agency approved by the State Board. You will also have to select the State Board where you wish to apply; we will guide you here.
  • The Evaluation Agency shall evaluate your Credentials, equate your Educational Background with the American standards to see if you qualify to apply in that State for the CPA Examination, prepare an Evaluation Report on that basis, & will get back to you in 4-6 weeks.
  • It will simultaneously send your testimonials to the Concerned State Board along with a copy of the Eligibility Report. One Copy of the Eligibility Report is sent to you, the candidate. You will then have to apply to the State Board, along with the Examination & Application Fee & other relevant Documents, asking them to consider you as a Foreign Candidate.
  • Within approximately two weeks of the approval of the application and payment of all fees, the state board or its designee will issue a Notice to Schedule (NTS) to the candidate. Once the NTS is received, candidates must verify the accuracy of all information. If any information is inaccurate the candidate must contact the state board before scheduling any exam with Prometric. If the NTS is accurate, students can then Schedule exams with Prometric.

What Does it Take to Become a CPA?

Education

  • Must have a Bachelor’s degree or higher.
  • Many states allow a candidate to sit for the CPA Exam with 120 credit hours including specific accounting credits.
  • For the CPA License, most states require 150 semester hours.

Experience

  • Most states require 1-3 years work experience under the supervision of a Licensed CPA. Local work experience is considered acceptable.
  • State Boards consider 2 areas for experience:
    • Type of employer: Public accounting firm vs industry.
    • Type of work: Tax vs audit vs managerial accounting.

Exam

Pass the four part “Uniform CPA Examination” which is administered by the AICPA.

Course Duration

  • Becker conducts a 3-month Live, Interactive, & Multimedia Course. Classes for the April-May Window CPA Examinations commence in the 4th week of December/ 1st week of January; Classes for the October-November CPA Examinations in the 4th week of June/ 1st week of July.
  • Classes are held only on Sundays from 9:00 a.m. to 6:00 p.m. for 13 Weeks, One Day Per Week, 8 Hours Per Week. Homework will be given at the end of each session.