US CPA course

The unified US CPA exam conducted by AICPA is the gateway to achieve the hallmark in public accounting in a global perspective. What it ratiocinate is that a CPA certification makes one to be qualified exceeding all others in the career path in accounting and finance fields. Considering the importance of the US CPA exam, one can chalk out an effective study plan to clear the CPA exam.

Strategic steps to pass the US CPA exam

1. To Know the Exam Format

The US CPA exam is divided into following 4 sections which are designed to make the candidate knowledgeable and equipped to handle the responsibility of an accountant.

a. Financial Accounting and Reporting(FAR)

It is the most elaborate part of the US CPA exam having focus on general accounting like filling various cost and account transfers. This section demands specific knowledge in general concepts related to finance. The duration of exam for this section is 4 hours with a 15 min allowable break exclusive of the stipulated 4 hours. Equal weightage is  given to both MCQs and task based simulation questions where 12 MCQs and 1 simulation is considered pretested and not been counted in gradation.

b. Regulation(REG)

This is the second largest section and covers different facets of taxes and business law in encyclopedic attribute. The exam duration is similar to FAR where a 50:50 pattern is used to allocate grades based on MCQs and simulations respectively.

c. Auditing and Attestation(AUD)

In comparison to the above sections, this part is relatively shorter but considered to be most difficult by a majority of CPA US course aspirants. It comprises of different aspects of auditing and attestation in all-inclusive manner. The duration and gradation of this section is identical to the above mentioned sections.

d. Business Environment and Concepts(BEC)

This is the shortest section in the US CPA exam that covers general business concepts other than general accounting areas. Along with  the MCQs and simulations, this section also contain essay questions. Having similar exam duration, the weightage given here is MCQs (50%), simulations(35%) and essay questions(15%) respectively.

2. US CPA exam preparation

To crack the US CPA exam, one has to give full mental dedications with an all-out study mode. It is being advisable to have a study plan of 300-400 credit hours approximately. Considering the regular work plan and commitments, this can be divisible in to something like 3-4 months for each section resulting in a total study time of around 1 year to clear the US CPA exam.

3. Knowing the State wise requirements for US CPA exam

Since some variations exist in the basic requirements to be eligible for US CPA exam, a prior knowledge about this and selection of appropriate state to enroll for helps the study process accordingly.

4. CPA exam Processing

This include submission of application, arrangement and forwarding of transcripts, payment of exam fees and obtaining a Notice to Schedule(NTS). Based on above, finally to schedule the exam in the nearest prometric centers.

5. Knowing to Schedule the Exam

Being a complex exam having diverse variables, one should be cautious when scheduling the CPA exam. Instead of an exact grade, CPA exam score functions more as a percentile. So the question is will you take all 4 sections in one go?. The expert advice  is not to sign up for all 4 sections in a row irrespective of your confidence level. It is always advantageous to sign up for 2 sections at a time to effectively tackle the CPA exam.

Last but not the least, for US CPA exam, one should take advantage of a quality review/study material. This can be further supplemented by taking coaching from a premier CPA training institute.

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.

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.

Have you ever though of attaining both CPA US course and CPA Canada together?. The below article depicts the key methods and ways to get them. There are 3 major points that dictate the way by which a CPA US can obtain a CPA Canada designation.

A. A successful US CPA achiever don’t have to sit for any other exam to be a CPA in Canada.

B,. This exemption has become possible through the Mutual Recognition Agreement( MRA) in operation since January,2018.

C. Fulfillment of required administrative procedures upon registration with the respective provisional/regional CPA body.

Procedural differences between the two designations – CPA US and CPA Canada

In CPA US, individual state boards of accountancy confer the US CPA course certificate and all the 55 boards set their specific requirements besides the recommendations of NASBA and AICPA.

On the other hand, although, Canadian provinces also had their own regional accounting bodies, it was after 2014, there was a merger of different bodies which finally comes under a single umbrella of national authority. 

This paved the way of building partnership with other accounting bodies to set up the MRA format. The MRA between CPA Canada through IQAB with NASBA and AICPA from 1st January, 2021 onwards formed the link between US CPA and CPA Canada effectively.

Through this MRA, a CPA US can easily obtain CPA Canada designation without any additional exam provided the US CPA holder fulfilled the few criteria:

Key criteria to obtain Canada CPA for a US CPA holder

1) Successful clearance of uniform US CPA exam after completion of the requirements.

2) The CPA US holder needs to have 30 months of practical experience or 2 years of post qualification experience. In case of shortfall of 2 years post qualification experience, the candidate has to furnish the International Practical Experience Verification and Employer Details form.

3) The candidate has to be in assent with the CPE requirement of the respective state board.

One can also consult the Canada – US Reciprocity list to identify the US state board  having compatibility agreement with CPA Canada.

Roadmap for CPA US holder to become CPA Canada

The eligible US CPA holder has to register with appropriate CPA body through following steps:

a) Completion and submission of International Candidate Application Form

b) Proof of confirmation by the home institute that the candidate is holding CPA US in a good standing with the concerned institute.

c) Evidence of legal name through proper documents.

d) Proof of work experience furnished in chronological manner

e) Payment of administrative fees.

f) Furnishing additional criteria if any as per the norm of the respective CPA body.

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.

Benefits of holding CPA US and CPA Canada

A. Value addition – It can be stated that a CPA US holder can obtain CPA Canada designation as effective value addition through the MRA without sitting in any other additional examination for the same.

B. Dual qualification – Hence by pursuing CPA US has become more beneficial now as one can achieve DUAL Qualifications through this path. 

Top preparation tips for US CPA exam in India for 2021– Like any other accounting exams, US CPA exam in India requires correct planning, constant motivation and guidance from experts. Some of the key attributes include a. Create a detailed study plan b. Support from experts c. Booking exams in advance. For further reading follow the link.

Summary

CPA US has just 4 papers to clear and you get 360 degree support from Uplift CPA to clear all 4 parts. Moreover you get the guidance for eligibility evaluation, registering to AICPA for exams, applying for NTS and applying for your CPA License.

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 CPA US evaluation procedure

H. Placement assistance

Request for Live Demo class / contact at +91-8787088850 to book your seats now.

The US CPA is recognized to be one of the most demanding professions in the finance and accounting sector which is administered by AICPA or American Institute of Certified Public Accounts. If you are willing to build a successful career and earn an attractive package in the field of accounting, the CPA courses might be a smart choice for you.

A prominent reason why people choose to become US CPA is that they can find better and more opportunities within a short period. Thus, they can gain success in their career without encountering too many hurdles. US CPA is believed to be a powerful certification which will bring stability in the career. To appear for the examination, it is necessary to accomplish the eligibility.

CPA US is a globally acclaimed course and it has a demand not only in the UAE job market but worldwide too. There is a wide assortment of opportunities for students, who qualify for the US CPA examination. At present, United State organizations having offices in the Middle east regions are also hiring the public certified accountants.

As the number of US CPAs is visibly less in Indian Market, the majority of the companies are sponsoring the US CPAs. Also, there are a plethora of jobs in Financial Planning and Analysis, Taxation, Auditing, and different profiles in India.

Few of the prominent companies that are hiring Certified Public Professionals include Genpact, Philips, Deloitte, Accenture, Cognizant, etc. If you have sufficient knowledge, you will become successful as a US CPA professional.

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.

Some of our exclusive features include –

1. CPA certified veteran TEAM of faculties

2. Affordable CPA US course fees

3. Live online classes ensuring that the regular office working hours is least impacted

4. 1:1 personal support from our 30 plus years of experienced CPA certified faculties

5. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

For more details on US CPA click here or mail us with your educational documents to info@upliftprofessionals.in 

Unlike any other accounting exams, US CPA exam in India requires correct planning, constant motivation and guidance from experts. In this era of competitive world, preparing for such exams is taking a mental or emotional toll on students. Further there are not much articles or discussion groups dedicated to discussing the topic.

Almost every US CPA exam candidate can say that they’ve experienced lack of clarity and guidance during the course of their studying at least a few times, if not many. In this perspective, we have put together some tips and strategies that will help students to succeed in US CPA exam in India.

Understand the syllabus and keep updated

The key element of any course is understand the subject and syllabus. Student’s preparing for the US CPA exam in India, should understand on how the exam is and what all aspects are critical for the exam. For Exam content, look no further than the US CPA exam blueprints.

It is advisable to review for any changes in the syllabus and plan accordingly. It is observed that exam blueprints are typically published one to two times per year and detail the minimum level of knowledge and skills you must have to qualify for initial license. The latest details of syllabus is highlighted in the blog.

Create a detailed study plan

Developing a clear cut study plan is the primary aspect for any exam. Keeping the testing date in mind and the total amount of time, you have in hand, for study, prepare a detailed weekly and monthly plan with aim to complete the subjects well in advance of US CPA exam in India. You require choosing a testing date and then draft a plan. Thus, you will make the preparations according to the time, remaining left.

You need to take a look at the calendar and mark those days where you cannot study owing to unavoidable circumstances. Now, you need to calculate the number of hours, for which you can study every week. Next, you need to calculate the number of weeks, you require for reaching the total count of the study hours. It is essential to choose a testing date, close to the testing window so that there is sufficient time for rescheduling, as required.

Plan for the best time to prepare for CPA exam every day

In line with the above point it is advisable to craft a daily study routine. Keep daily targets and ensure that each day is used to maximize the amount of studying you get done every day and you get sufficient time at the end for quick revision.

Book for US CPA Exam well in advance

Once you are done with study plan, it is also important to find the exam centers and the dates available. It is recommended to book for exams as early as possible and the longer you procrastinate the harder it will become to pass.

Candidates appearing for exam is required to score of 75 or more on each section to pass, and each section must be passed within an 18-month window, which begins as soon as the candidate passes the first exam. US CPA exam scoring is treated with a high level of importance, due diligence, and attention to accuracy.

It is recommended to start with the section which you are most familiar with and move forward with there. Always dedicate more time for sections which has less pass rates like BEC in US CPA exam.

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

Mental Preparation for the exam

Along with studies, it is important for students to find relaxation time also. It is essential to make periodic break in your study plan for activities not related to studying. This helps students to become more productive and concentrate more for studying. Make sure that time allocated for studying or for replacing is utilized properly. Always focus only one goal at a time. If you are not 100% mentally prepared to pass the US CPA exam then you will procrastinate, lose focus and fail.

Seek support from experts

Getting guidance from a supportive group of people can put your mind at ease and help you get through rough study days. Like all other exams, US CPA course too has a specified exam pattern and the candidate needs to undergo lots of practice those questions to score high marks in the exams. Make sure that you get right mentors for preparing the exams. 

It is recommended to start with the section which you are most familiar with and move forward with there. Always dedicate more time for sections which has less pass rates like BEC exams.

Moreover the US CPA exam patterns are different from the patterns we follow in India or the Asian countries. The key decision is choosing the best US CPA course training institute. Getting guidance from an established training institute not only helps in understanding theoretical subjects, but also attending mock exams, job placement assistance and soft skill training.

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.