US CPA course isn’t Everybody’s Cup of Tea

US CPA course isn't Everybody's Cup of Tea

Do you love accounting to the moon and back?

Then go for the US CPA course.

Else do not  block your time  and money  just because  people have told you that  US CPA course is a hallmarked qualification in public accounting and will fetch you money and prestige in life. Passing the US CPA course is not your cup of tea if you believe in shortcuts of life.

2020 has shown us wave after wave of lay-offs and long lists of death counts. 

2020 has made us face the struggle of tough survival. 

If the  survivor in you is convinced that only the fittest will survive in the corporate jungle of the ‘new-normal’  era  and  the  school of conservative  thoughts is not going to help you much in the days to come, take a deep warm dive into CPA. 

True,  US CPA exam in India can now be written from India on a permanent basis  w.e.f January 1, 2021 because the pilot testing   made by AICPA and NASBA in India  in 2020 is successful. Students are excited and  more Indians have written their CPA exams in 2020 despite the harsh pandemic situations.

Apart from India, the other international testing locations for US CPA exam are:

  • Japan
  • Brazil
  • Bahrain
  • Lebanon
  • Kuwait
  • UAE
  • England
  • Scotland
  • Ireland
  • Germany
  • India

Remember that International candidates must meet the same requirements to sit as their domestic counterparts including residency as determined by individual boards of accountancy. For more information on testing for international candidates,  head over to NASBA’s site.

Testing in India is available to eligible candidates who are citizens or long-term residents of the following countries:

  • India
  • Bhutan
  • Bangladesh
  • Myanmar
  • Maldives
  • Nepal
  • Sri Lanka
  • USA

As of now, If you have residentship of  only India, you can write the US CPA exams in the following centers:  India; USA; UAE

WHY? 

Today India is the finance and accounting hub for the world with Big 4 and MNCs having extensive global capability centers in India. And the CPA designation provides the much-needed global skills and credibility to Indian finance and accounting professionals.

Hence more and more Indian accounting professionals are writing the US CPA exam in India nowadays. And the news of the exam center being in India is definitely a huge savings of costs for Indians who used to fly to Dubai or to the US for 2/3 times in most cases for clearing the 4 exams of the US CPA course.

US CPA course exam - Uplift PRO

 HOW?  

How to apply for the CPA Exam in India?

The application process is the same regardless of the location you take the US CPA exam. You must first apply through a U.S. jurisdiction, which will license you as a CPA in that state. This first step is necessary even for international CPAs, because it’s the individual U.S. states (or territories such as Puerto Rico) that license CPAs, not the federal government.

Choose your U.S. jurisdiction/state

If you don’t live in the U.S., it can be difficult to know which state to select for your CPA license. Each of the 55 jurisdictions (states) has its own Board of Accountancy eligibility requirements.

Some states have flexible or reduced education requirements or other elements that may make your international CPA Exam application easier. We’ve done some research to help you understand which states are best for international CPA applicants.

Request application materials from the jurisdiction board.

You can access all state Board of Accountancy websites as well as ask NASBA any questions you may have here.

Submit your application and fees.

You will submit your CPA Exam application and fees to NASBA’s CPA Examination Services division. NASBA processes these on behalf of each jurisdiction’s Board of Accountancy.

Once the board confirms your qualifications and issues an NTS for you, schedule your exam.

You will schedule your CPA Exam with Prometric, the organization that administers the CPA Exam for all locations worldwide.

NASBA also lays out information on jurisdictions, eligibility, fees, and scheduling as well as document requirements by country.

When can I take the CPA Exam?

Starting from November, 2020, write your exams on any work day throughout the year in the allocated prometrics.

Remember, you have 18 months to complete all four sections of the exam once you pass the first section. See more on how to set your CPA Exam schedule.

CPA Study Support by GLEIM – UPLIFT

Gleim has helped accountants around the world pass over 1 million CPA Exams.

Professor Irvin Gleim published the first CPA Review book in 1974. In 1980, he published CIA and CMA Review courses that went on to become the most widely used worldwide. Gleim CPA is the oldest and used by most number of students worldwide to pass the exam.

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. 

Regarding Uplift CPA interactive coaching, listen it from a student:



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.

Must know details about US CPA course- Key steps to be a US CPA

Must know details about US CPA course- Key steps to be a US CPA

The Certified Public Accountant, commonly referred as the US CPA course , is a globally recognized public accounting certification. 

Individuals who often take up accounting as a career prefer to go for further certifications to enhance their accounting skill and update their knowledge.

One of the most preferred qualification chosen by the accounting students is the US CPA certification. US CPA course is a four-paper course: 

  1. Auditing and Attestation (AUD)
  2. Business Environment and Concepts (BEC)
  3. Financial Accounting and Reporting (FAR)
  4. Regulation (REG).

Why the US CPA course certification is highly demanded? 

CPAs these days are keeping every industry on track. It is seen CPAs have become one of the most important decision makers in organizations. Being a qualified CPA, finance professionals are capable to analyse and interpret financial information which helps them to understand where the business is actually heading.

Working as a qualified US CPA professional in the US will open the door of opportunities. The major function of a US CPA course is to offer public accounting services but they are also responsible for tax preparation and audit functions.

Why Indians go for the US CPA?

Each year in India, more than a lakh students enroll themselves for the Indian CA/ ICWA. The role of a CA and CPA is very similar. The major difference between both the certifications is Indian CAs are well known within India but when it comes to perform on a global scale US CPA course is more valued by the companies, mainly the ones having their business in the US. Hence we get global recognition by pursuing CPA US.

There are plenty of companies in India who run their business on global platforms mainly in the US. US GAAP and IFRS are the most integrated tasks within the multinational companies. It is seen that because of scarcity of CPAs in India, Indian CAs perform these tasks after being trained by the companies.

Thus the more number of MNCs are setting up their businesses in India, the higher is getting the demand of CPAs in this country. It is believed CPAs are able to work in wide variety of areas of finance compared to their counterparts.

Steps to become a CPA US ( specially for an Indian/non-US student):

To become a qualified Public accountant, candidates will have to meet the 3 E’s of CPA – Education, Examination and Experience.

#Education: 

Candidates must meet the 120 credit hours (a bachelor’s degree + 30 extra credit from Master degree) to write the exam and 150 credit hours for the licensure.

The eligibility criteria of the CPA exam differ from state to state. But in major cases maximum state boards require 120 to 150 credit points. A student should have a minimum college degree of 120 credit points. Additional 20 points by covering courses like business law, management. 

  # Examination

 1.Eligibility Evaluation- The first step towards the CPA examination is to “Transcripts evaluation”. Before selecting the State board of accountancy, candidates will have got their educational documents (transcripts) evaluated by the evaluating agencies. The well-known evaluation agencies are NIES and FACS. The CPA evaluation process takes 4 -5 weeks of time.

2. Once the state board is confirmed, candidates can apply then apply to the state board for the examination. Pay the exam fee and schedule the testing appointments at the Prometric centre.

3. The US CPA exam is held quarterly. The exam is conducted online. The test locations are Dubai, USA, Bahrain, Kuwait, Lebanon, Brazil, China. In April, 2020 NASBA (The National Association of State Boards of Accountancy) due to global pandemic had opened the testing window in India. The testing window for the US CPA exam has been extended in India till December 2020. The exam consist Multiple Choice and Task based questions. The candidates must score at least 75% to qualify the examination.

4. Candidates should remember they will have to pass all the 4 papers of CPA US within 18 months from the time they clear the first paper. After clearing all the 4 papers, one can now apply for the CPA License.

 #   Experience:

Most state boards demand that, in order to apply for a CPA License, candidates must possess at least 150 credit points and at least 2 years of professional experience under a licensed CPA or equivalent (for ex: Indian CA or ACCA). After passing the CPA exam, a candidate generally gets 3 years of time to apply for the license.

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. 

US CPA Exam in India -Uplift PRO

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.

US CPA course syllabus – Content area allocation

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 allocationWeight
I. Ethics, Professional Responsibilities and General Principles15–25%
II. Assessing Risk and Developing a Planned Response   20–30%
III. Performing Further Procedures and Obtaining Evidence30–40%
IV. Forming Conclusions and Reporting15–25%

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 allocationWeight
I. Conceptual Framework, Standard-Setting and Financial Reporting25–35%
II. Select Financial Statement Accounts   30–40%
III. Select Transactions20–30%
IV. State and Local Governments5–15%

 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 allocationWeight
I. Ethics, Professional Responsibilities and Federal Tax Procedures10–20%
II. Business Law10–20%
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 allocationWeight
I. Corporate Governance17–27%
II. Economic Concepts and Analysis17–27%
III. Financial Management11-21%
IV. Information Technology15-25%
V. Operations Management15-25%

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. 

US CPA Exam in India -Uplift PRO

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.

Top Reasons Why CPA Professionals Earn Better Packages | Uplift Professionals

US CPA has earned a high reputation among the leading accounting certifications across the globe. A wide assortment of people throughout the world prefers to accomplish US CPA due to a variety of reasons. You are going to get a better salary as you opt for this certification course. You will find a lot of job security by adopting this course.

CPAs are also known to earn more prestige and respect by choosing this certification course. You can develop your career most successfully by choosing the US CPA service. On top of this, you will find a wide variety of jobs in the market which will help you to take your career to a height.

There are a variety of reasons why CPAs are seen to have better earnings, as compared to other certification courses in the country:

Respect and Prestige

If you are searching for an ideal certification course that motivates you to earn admiration and respect, you should complete this US CPA course certification without a second thought. US CPA course is considered to be the highest level of certification, earned by an accountant. You are going to procure a certain prestige and reputation along with the title.

Clients, non-professional acquaintances, and employers give more preference to the candidates who have accomplished this certification. The employer will know that you are a well-skilled accountant and not just another college graduate as you accomplish this service. Instead, you will be looked at as a well educated and qualified professional, who has the prerequisite knowledge in the relevant field.

 You will be filled with pride after the completion of this certification course which will help you to boost confidence. The amalgamation of self-esteem and stronger confidence lends a helping hand in seeking more clients. In addition to this, you can impart a better and improved work which will help you to land better jobs.

Job variety

CPA professionals are known to work in a plethora of different fields, such as government agencies, non-profits, private organizations to name a few after the successful completion of these certifications. Thus, you can be ensured that you are going to get a job in almost any sector, catering to your needs. US CPAs are also capable of accomplishing jobs in different sectors, catering to their needs.

Besides this, you can find jobs in different niches. Such niche jobs cannot be performed by other employees of the organization. On top of that, you can expect a certain level of flexibility in your career. Besides this, you will be capable of gaining several opportunities to travel across different regions of the world.

Career development

CPAs will possess a wide assortment of career options that cannot be availed by candidates, who do not possess this language. It is not possible to represent the regular accounts to the IRS. The US CPAs are allowed to sign the documents legally which should be submitted by public traded companies to the Securities and Exchange Commission.

 Few employers also bear the cost of the specific examination as they play an indispensable role in enhancing the value of the employees which in turn helps in boosting the ROI of the organization. However, you should make sure to have continuing education for keeping the US CPA license.

Job Security

It is another worth mentioning reason why CPAs are seen to complete their certification course. All Job seekers and students have job security in their minds. US CPA course is recognized to be one of the most secure professions.

In addition to this, it is in higher demand and you will reap a lot of benefits over non-CPAs. Candidates who have completed the CPA examination are going to procure a higher average job growth by choosing such courses.

They also find a boost in career opportunities. There is no dearth of companies and organizations, which look forward to hiring CPAs. CPAs are seen to possess the option to work for them which will result in higher job security as well as flexibility. Hence, you will gain control over your career. You will get better job security in the market.

Benefits and money

While selecting the career, a wide assortment of people considers salary potential as well as benefits as crucial criteria. Thus different opportunities and doors for career paths will follow as you choose to become the US CPA.

Experience in the relevant field

CPA professionals will be capable of drawing attractive packages and US CPA salaries as they continue to add to their experience in the field. Thus, they can live a lavish and worry-free life and enjoy their work life.

From the statistics, it can be said that the average salary for the CPAs who are a newbie to the field is approximately $60,000. However, the salary of the mid-level CPA is known to span from $43,000-$72,000, which depends on the place of your work and stay.

Professionals who have accomplished the CPA examination are seen to work for startups, medium scale businesses, and massive and international corporations. All the countries across the globe require financial services, and hence you can be ensured that you are going to land the job of your dreams sooner or later.

Few of the sectors which are seen to hire CPAs on an extensive scale include internal auditing, information and management technology, healthcare, law, law enforcement, manufacturing, media and entertainment, government, environment, energy, education, construction, commercial banking, business, aerospace, real estate, non-profit, restaurant, real estate, retail, sports, to name a few.

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. 

US CPA Exam in India -Uplift PRO

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 +91-87870888