How can a B.Com candidate take up CPA US course ?-The roadmap to success-2023 | Uplift Professionals
It is well known that CPA US course is a much coveted global credential for people having accountancy/finance academic background. It unravels outspread routes of professional opportunities with immense value addition to your basic academic degree. Considering the basic academic degree as commerce graduate( B.Com), let’s see how one can land on the moon hoisting the flag of CPA US course.
Taking the following two scenarios:
Scenario A: You have cleared the B.Com with 1st division from any of the NAAC “A” Universities.
Scenario B: You have a B.Com degree other than that mentioned above.
Now, for Scenario A, you are directly eligible for US CPA certification process, while for Scenario B, you have to undertake some additional courses like M.Com/MBA/CA/CS etc. to make yourself eligible for CPA US in India and around the world.
Why it happens like that?
For this, we have to know the allocation of credit systems for better understanding of both the scenarios.
The credit system refers to the minimum eligibility criteria to sit for the US CPA exam where the basic requirement is 120 credits. The basis of this lies in the fact that every year of Indian graduation is equivalent to 30 semester credit points in USA.
Hence, a 3 year B.Com degree will fetch 90 credits except the Scenario A, where additional 30 credits are given. Based on the above information, our Scenario A B.COMs will get 120 credits while B.COMs belong to Scenario B will get 90 credits. To make up the shortfall, additional courses are required for the latter.
As for example,
For Scenario A: B.Com(120) + M.COM/MBA(60)= a total of 180 credits.
For Scenario B: B.COM( 90) + M.COM/MBA(60) = a total of 150 credits like that.
Once the eligibility part is over, one has to go through the following steps to complete the US CPA sojourn.
1) Transcripts and Evaluation:
Transcripts are the academic documents in support of respective qualification that has to be obtained from the respective Institutions/ Universities by the candidate.
Upon receiving the transcripts, the candidate has to apply to the respective international body for evaluation. Once the evaluation is done, the concerned US state board will send the confirmation tentatively within a month.
2) Preparation for US CPA:
This is the actual study part that demand lot of efforts, time and energy of the candidate, particularly effective time management is required for the working professionals. You can opt for any authorized service providers for CPA US course study materials. You can judiciously select a CPA training institute for study support. Your success depends a lot on this preparatory phase.
3) NTS (Notice to Schedule):
Once you start sailing smoothly in your preparation, you can decide to sit for a particular US CPA exam paper upon gaining the required confidence. To initiate this process, you have to apply to AICPA to write the particular exam. This process is known as NTS( Notice to Schedule) and is valid for 6 months. It means once you furnished your NTS, it is mandatory to sit for the particular exam within the stipulated period of 6 months.
Since the US CPA exam and formalities are little bit tough and complex, it is always advisable, that, to pursue US CPA in effective manner, one should take proper guidance and quality training/ mentoring from any authorized institution for CPA US course.
US CPA Exam 2021 – New Updates In 2020, the US CPA exam in India had few changes; the most prominent change was the introduction of the CARES Act to the REG section effective in Q4 2020. In 2021, the US CPA Exam will undergo additional changes, mainly to the AUD & BEC sections, with minor revisions to the remaining two sections – FAR & REG
About the top US CPA training institute in India, Africa, and Middle East – Uplift Pro
Uplift Pro is one of the top training institutes for the US CIA, US CMA, CPA US in India, Africa, and Middle East. Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong backup to young ambitious students and professionals to reach their desired career destinations in an organized way.
Uplift Pro, is an authorized partner of Gleim in India, provides you with authentic Gleim materials, updates and Live Online Interactive Classes for CPA US by internationally experienced veteran mentors. All at an Indian Cost.
Some of our exclusive features include –
A. Affordable US CPA course fees
B. CPA certified veteran TEAM of faculties
C. Live online classes ensuring that the regular office working hours is least impacted. Also, provides class recordings to students.
D. 1:1 personal support from our 30 plus years of experienced CPA certified faculties ensuring that all our students pass the US CPA course
E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass
F. Premium study materials with practice questions bank enabling students to pass the US CPA exam in India and rest of the world
G. Administrative guidance on US CPA evaluation procedure
H. Placement assistance
Request for Live Demo class / contact at +91-8787088850 to book your seats now.
Recommended for further reading :-
How to be a CPA US and CPA Canada Together? – Becoming a US CPA is an aspiration for many finance professionals and accountants. One can also attain CPA Canada along with CPA US course. There are 3 major points that dictate the way by which a CPA US can obtain a CPA Canada designation. Continue reading by following the link.