US CPA course syllabus – Content area allocation
US CPA Course includes 4 Papers :
1. AUDITING and ATTESTATION (AUD) [100 Marks – To Pass: 75 ]
· The basic principles of auditing and designing of audit plans.
· It enables you to learn and prepare audit reports with ease.
· It encompasses compilation & attestation engagements to maintain a professional code of conduct during audit process.
· You will have to give a demonstration of their awareness level with regards to International Auditing and their standards.
· It also includes understanding risk assessment.
| Content area allocation | Weight |
| I. Ethics, Professional Responsibilities and General Principles | 15–25% |
| II. Assessing Risk and Developing a Planned Response | 20–30% |
| III. Performing Further Procedures and Obtaining Evidence | 30–40% |
| IV. Forming Conclusions and Reporting | 15–25% |
2. FINANCIAL ACCOUNTING and REPORTING (FAR) [100 Marks – To Pass: 75 ]
· The various aspects of the financial reporting practiced in the modern day business enterprises, or government entities.
· The key differences between GAAP basis and IFRS basis.
· The content which will help you to perform proper judgments in the application of principles in accounting.
· Compilation, evaluation and analysis of financial statements, execution of calculations and identification of various financial and reporting methods.
| Content area allocation | Weight |
| I. Conceptual Framework, Standard-Setting and Financial Reporting | 25–35% |
| II. Select Financial Statement Accounts | 30–40% |
| III. Select Transactions | 20–30% |
| IV. State and Local Governments | 5–15% |
3. REGULATION (REG) [100 Marks – To Pass: 75 ]
· Tax concepts related to personal, partnership and corporate.
· Capability to understand legal responsibilities
· Tax implication and its various uses in business entities.
· Various tax issues and its consequences, wherein they will have to make alternative treatment and its application in real life scenarios.
| Content area allocation | Weight |
| I. Ethics, Professional Responsibilities and Federal Tax Procedures | 10–20% |
| II. Business Law | 10–20% |
| III. Federal Taxation of Property Transactions | 12–22% |
| IV. Federal Taxation of Individuals | 15–25% |
4.BUSINESS ENVIRONMENT and CONCEPTS (BEC) [100 Marks – To Pass: 75 Marks]
· Business environment in general, and its core concepts.
· Foundation grounding in accounting and are exposed to underlying reasons for accounting implications.
· Financial management information technology, and business strategies in addition to accounting concepts.
· Economic concepts, financial management, information systems and communications, strategic planning and operations management.
· Testing to determine different business strategies with their knowledge in strategic planning and market risks.
· Making financial decisions, forecasting trends in the market, and understanding internet’s implication in business.
| Content area allocation | Weight |
| I. Corporate Governance | 17–27% |
| II. Economic Concepts and Analysis | 17–27% |
| III. Financial Management | 11-21% |
| IV. Information Technology | 15-25% |
| V. Operations Management | 15-25% |
US CPA salary in India ? In India a fresh CPA starts with a minimum salary of INR 6 Lakh annually in a Big4 or MNC. The salary of a CPA increases at a higher rate than his non-certified peers. A CFO in India can earn more than INR 1 Cr, annually in India.
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 CPA, US CMA, US CIA courses 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.