US CPA Fees Details-2023 | Uplift Professionals

The US CPA certification is offered by the American Institute of Certified Public Accountants (AICPA). This is a highly qualified designation and in order to acquire this designation, a candidate needs to fulfill all the predefined educational and experience criteria. The most prominent of all the careers for a CPA include Public Accounting and Industry Accounting.

Both are responsible for assisting the organization reach its financial goals through performing a number of roles and responsibilities like Auditing and Review, Financial Planning and Business Valuation, Tax Preparation, Company Management, Litigation Services and Forensic Accounting Services.

Thus, candidates with a knack of Accounting and Finance can choose for a CPA course which includes education, CPA exam and experience. Candidates who wish to enroll must have basic understanding regarding various aspects of the course. One of the important parameters in the CPA program is to know the fee details of the exam and administrative expenses which an aspirant has to incur in the process. Let us discuss the same. The candidates are advised to stay updated and plan their preparation accordingly.

Average US CPA Exam and Related Fees

The CPA Exam fees will be additional around 3000 USD, below is the break up for your reference: In Indian currencies the below fees will be around 2,25,000 approx. which can vary as per the currency conversion rate applicable at the time of payment.

Examination Fees

Auditing and Attestation (AUD) $226.15
Business Environment and Concepts (BEC) $226.15
Financial Accounting and Reporting (FAR) $226.15
Regulation (REG) $226.15


Application Fee

150 USD – 200 USD varies state to state and is paid towards CPA Application fee whenever you apply for exams.

Evaluation Fee

225 USD – 350 USD is paid to NASBA for Evaluation.

Registration fees

70 USD to 150 USD varies state to state and all first-time applicants are required to pay both an application fee and an examination fee upon submission of the first-time application.

International Testing Fee

1500 USD for 4 CPA papers is paid as International Testing Fees only for students writing exams out of the US CPA Exam costs vary depending on your jurisdiction i.e. the state you have chosen to write your CPA exam.

Sample CPA Exam Fees

State Initial Application Fee Registration Fee Examination Fee per Section Fee to Retake
California $100 Not specified $226.15 $50
Florida $170 $75 $226.15 Repay registration fee ($75)
Illinois $200 for a credit evaluation $40 – $120 (depending on number of sections on application) $226.15 Repay registration fee ($40 – $120)
New York $170 $85 $224.99 Repay registration fee ($85)
Texas $20 – $100 $15 per section $224.99 Not specified

CPA Exam Rescheduling Fee

Varies depending on the number of days of advance notice. If you reschedule your CPA Exam at least 30 days in advance, there is no fee associated with the reschedule. If you reschedule the exam between 5 and 30 days, you’ll have to pay the Prometric Testing Centre a rescheduling fee of $35.

If you reschedule within 5 days of your current exam date, you will need to pay Prometric Testing Centre the full amount for the CPA Exam section you are rescheduling. Finally, you will not be able to reschedule your exam if it is under 24 hours before your exam time; you will need to register again with your State Board of Accountancy.

Fees to Prometric for Rescheduling a CPA Exam Section

Notice Fees
30+ days $0.00
6-29 days $35.00
1-5 days $83.76
Less than 24 hours Can’t reschedule, fees forfeited

CPA Exam Retake Fee

Varies between $50 and $200

For all re-examination candidates, instead of paying the application fee, they are required to pay both the reapplication and examination fee when they register to re-take any parts of the CPA Exam. This is sometimes also called the “registration fee.” Some states will offer discounts on CPA Exam retake fees if the candidate is retaking 2 or more exams.

Here is an example of how the state of Missouri breaks down their reapplication fees:

Reapplication Fees in Missouri

4 CPA Exam sections $124.00
3 CPA Exam sections $108.00
2 CPA Exam sections $92.00
1 CPA Exam sections $71.00

Background check

Some states may require a background check, which you will have to pay for. Find out whether your state board requires this in our guide to CPA Requirements. NASBA looked at background checks from past years and found that costs to the candidate ranged from $1 – $49. This is something you’ll want to confirm directly with your state board.

CPA Exam Cancellation Fees and Refunds

Unfortunately, CPA Exam fees are not refundable if your Notice to Schedule (NTS) expires or you do not show up for your scheduled exam. There is no cancellation fee if you cancel the exam at least 30 days in advance. If you cancel the exam between 5 and 30 days, you’ll have to pay the Prometric Testing Centre a cancellation fee of $35. However, there are some exceptions to this policy for candidates with extenuating circumstances. Those circumstances include:

Visa rejections

Military deployment

Medical emergencies

Death

To see if you qualify for a partial refund or NTS extension based on hardship, contact the National Association of State Boards of Accountancy (NASBA).

Note: CPA candidates are only eligible for one NTS extension or a partial refund for an NTS for the same hardship.

CPA Ethics Exam Fee

Varies between $150 and $250

Some states require passing an ethics exam and most state boards accept the AICPA’s comprehensive ethics course and exam. This exam can generally be taken before, during or after the CPA Exam and test results are valid for a 2-year period. CPA Ethics Exam Fee can be anywhere from $150 – $250, depending on the state.

CPA Licensing Fee

Varies between $100 and $500

Once you have passed the CPA Exam and taken the ethics exam (if required!), it is time to apply for certification. Your state likely has an online application process. They may require you to submit documentation such as a signed statement from a supervisor or licensed CPA that can attest to your work or additional educational or exam records. You may have to complete an in-person interview with the board. CPA Licensing fee from $100 – $500, depending on the state.

CPE Costs

Varies between $0 and $300

After CPA licensing, most states require CPAs to complete continuing professional education (CPE) credit hours to maintain licensure. Be sure to check with your State Board of Accountancy to find out how many hours are required each year to maintain your credential.

CPA Exam cost: study and preparation

To make your US CPA journey smooth since it involves substantial investment, it is very much crucial to select your study/training partner and the CPA review material. Uplift Professionals, a premier training institute for CPA partnered with Gleim International, the reputed CPA review provider can be a judicial choice to fulfil your CPA dream.

THE  SOLUTION 


We were the first to create self-study CPA review materials—and we’ve spent the last 45 years perfecting them — all while keeping prices down!

Just a few of the reasons CPA candidates love us:

1.     A bank of exam-quality questions and simulations that can’t be beat

2.     Detailed answer explanations for powerful learning

3.     A practice environment that’s just like the real exam

4.     Personalized support and study experience.

The Uplift Professional-Gleim CPA Program has everything you need to pass on your first try!

Now is the time to invest in your future! The CPA designation is one of the most widely recognized certifications in the world — and with good reason! Over the lifetime of their career, CPAs are projected to make $1,000,000 more than non-CPAs. So, treat the CPA Exam costs as an investment in yourself. No matter what your goals are for becoming a CPA, remember that with hard work and dedication, it’s possible to obtain this license.

Summary

Now, after going through this article you are quite familiar with the cost involved to become a CPA US. Considering the income of a CPA, this cost will turn into an investment in your budgeting basket. You must keep in mind that the CPA certification is well worth every penny you spend because it pays for itself with dividends for the duration of your career.

Therefore, you should use this heads-up to develop a budget that accounts for all the CPA costs you may encounter. Because you’re an accountant, I hope you’ll surely be able to adequately prepare your funds once you learn all about the cost of the CPA.

Happy CPA Journey.

For Further Information/Assistance, Contact:

www.upliftprofessionals.in/CPA

US CPA Exam New Updates -2023 | Uplift Professionals

If you’re preparing for the US CPA Exams , you need to keep track of the latest changes coming to the exam in 2021. Here we have summarized the key changes for US CPA exams as per the recent announcements made by AICPA .  It is important to note that the significant changes in US CPA exams in India are in the AUD and BEC sections.

US CPA exam changes

How is the US CPA Exam changing in 2021?

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.

The CPA Exam changes regularly. Gleim CPA Review takes new pronouncements, law changes, and the AICPA Blueprints into account when developing our materials, so there is really nothing for you to worry about. In other words, you don’t need to stress about learning each of the Blueprint changes because Gleim updates your CPA review materials based on all of these changes. But if you want to keep up with the landscape of CPA Exam changes, read on!

When are the changes taking place

Beginning on July 1, 2021, the US CPA Exam will undergo changes as a result of new CPA Exam Blueprints that were released in October 2020. Changes are predominately in the AUD and BEC sections, with minor revisions in FAR and REG. Read below to see the specifics for each section.

The GLEIM  Solution

Gleim has covered through every CPA Exam update. We study every AICPA Blueprint change and pronouncement, attend every AICPA discussion, and work with a team of skilled accountants and educators to ensure that every change the AICPA makes to the CPA Exam is reflected in our materials with plenty of time to study prior to the actual changes to the exam.

Uplift Pro, being 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 exams

AUD changes

The AUD section of the US CPA Exam will see changes to the content & skill allocation weightings effective July 1, 2021.

1.Assessing Risk and Developing a Planned Response will now be 25-35% of your exam.

2.Area IV – Forming Conclusions and Reporting will change to 10-20%

3.The Analysis skill allocation will increase to 20-30% of your exam.

4.The Remembering and Understanding skill allocation will decrease to 25-35%

What does this mean? 

You will more than likely see more content being tested with Task-Based Simulations and less with Multiple-Choice Questions. This does not mean you will see a change in the number of MCQs or TBSs; it just means that more content will be tested at a higher skill level.

Each area of the AUD blueprint saw changes to the representative task statements as well as some of the content topic areas. Of those changes, the most significant include the following:

1.Area II, topic C.2. has been change to Business processes and the design of internal controls, including IT systems. The representative tasks for this content area were also updated, supporting the need for increased knowledge in the area of overall business processes. Area II, topic C.4. – Information Technology (IT) general and application controls has been removed.

2.Area II, topic G. – Planning for and using the work of others saw some changes in the representative tasks, with focus on the IT audit function.

3.Area III saw significant changes to the topic areas and the representative task statements. This area has been updated to include more data analytics, an area that has been alluded to for the past year.

4.Area IV – Forming Conclusions and Reporting saw minor changes in the topic areas and representative task statements.

You can rest assured that your Gleim study materials will always contain the most up-to-date information in order to prepare you for the CPA Exam.

BEC changes

The BEC section of the US CPA Exam also has some of the more significant changes taking place as of July 1, 2021.

1.Area I – Corporate Governance has been renamed Enterprise Risk Management, Internal Controls and Business Processes. Its content weighting has been changed to 20-30% (previously 17-27%)

2.Area II –Economics has an amended content weight of 15-25% (previously 17-27%)

3.Area III – Financial Management has an amended content weight of 10-20% (previously 11-21%)

There are no changes to the skill allocation weightings.

While there are changes to all areas in the updated BEC blueprints, the most significant changes take place in Area IV – Information Technology. Changes have been made to support the increased emphasis of data analytics, including new topic areas and new representative task statements. There is an entirely new topic area titled Data management and relationships, which includes several task statements providing guidance on how testing will take place within this content area.

BEC changes

The FAR section of the US CPA Exam will only have minor revisions to the content areas taking place as of July 1, 2021.

The FAR section of the US CPA Exam will see the elimination of the International Accounting Standards Board (IASB) framework and the IFRS versus US GAAP content area. There are no changes to the content or skill allocation weightings in this section.

1.Area I – Conceptual Framework, Standard-Setting and Financial Reporting, topics B.8. and B.9., Discontinued operations and Going concern have been removed

2.Area II – Select Financial Statement Accounts saw some minor revisions within the representative task statements in topic G

3.The title for Area II, topic K. was changed to Stock compensation (share-based payments) (previously Compensation and benefits)

4.In Area III – Select Transactions, topic D. – Derivatives and hedge accounting, two representative task statements were removed.

REG changes

The REG section of the US CPA Exam will only have minor revisions to the content areas taking place as of July 1, 2021.

The REG section of the CPA Exam will see the elimination of estate taxation as well as the removal of the Securities Act of 1933 and the Securities Exchange Act of 1934 from the authoritative references.

1.Area II – Business Law includes changes to representative task statements in topic C. – Debtor-creditor relationships and topic D., now titled Federal laws and regulations(previously Government regulation of business).

2.Area III – Federal Taxation of Property Transactions, topic C. All task statements referencing estate taxation have been removed.

3.Area IV – Federal Taxation of Individuals, topic H. – Alternative minimum tax has been removed

4.Area V – Federal Taxation of Entities, includes the removal of several representative task statements in topics C.2., D.2., E.1., and G. Topic H.2. – Obtaining and maintaining tax-exempt status, has been removed entirely

About Uplift Pro- Top US CPA training institute in India, Africa, and Middle East

Uplift Pro is one of the top training institutes for the US CPA course, 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 –

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 exams

Courtesy – Article originally published by: Gleim Exam Prep

US CPA Exam in India – Key scoring rates for success

CPA US course is one the topmost accounting qualification in the world. In India, a CPA US holder is considered as equivalent to Chartered Accountant qualification with more global exposure and opportunities. CPA US holders are in high demand as reflected by their high salaries. The key body involved in conducting the exams in India are American Institute of CPAs (AICPA), National Association of State Boards of Accountancy (NASBA) which has recently announced to continue conducting CPA exams in India.

Continuous Testing Window

Uplift Pro is one the best US CPA course provider in India, Africa and Middle East

Since July 1, 2020, testing windows has been replaced by continuous testing, allowing candidates to take the Exam year-round, without restriction, other than waiting to receive scores from prior attempts of the same section or when there is a major change to the Exam. This helps candidates to write the CPA exam in India throughout the year from the following 8 Prometric centers :

1. Ahmedabad

2. Bangalore

3. Calcutta

4. Chennai

5. Hyderabad

6. Mumbai

7. New Delhi

8. Trivandrum

Following are the steps to write the CPA exam from India:

1. Get your eligibility verified by Uplift Pro before sending your transcripts to the US Official Evaluators.

2.Start preparing for the CPA exam. We will teach you 2 papers at a time after your working hours in live online mode and share with you the recordings of the classes as well.

3. We will also provide you an option to receive Gleim CPA Megabank (at 50% of the original cost) since Uplift Pro is an approved partner of Concorde Gleim. Gleim has helped more than 40,000 candidates worldwide pass their CPA exams in the last 20 years. Hence they are the No. 1 in this job. Trust on the Gleim Uplift support to pass the 4 papers of CPA as quickly as possible.

4. Once you are ready for the exam apply for an NTS from the US State from which you wish to be a CPA license holder. Uplift Pro will guide you in this administrative procedure.

5. After getting the NTS, contact your nearest Prometric to book your seat for the exam. Don’t forget to keep your passport ready to meet the identification procedure in the Prometric center.

US CPA Exam format

US CPA exam in India are designed to measure competency in auditing, business laws, business concepts, taxation and accounting. There are four sections in the CPA exam:

1. Regulation (REG)

2. Auditing and Attestation (AUD)

3. Financial Accounting and Reporting (FAR)

4.Business Environment and Concepts (BEC)

The duration of each section of exam is 4 hours (total of 16 hours). The typical question format consists of the following

a. Multiple-Choice Questions

b. Task-Based Simulations

c. Written Communication

For more details about US CPA exam question format in India, follow the link:

US CPA exam scoring by section and by type

SectionMultiple-Choice QuestionsTask-Based SimulationsWritten Communication
AUD50%50% 
BEC50%35%15%
FAR50%50% 
REG50%50% 

US CPA exam scoring by skills

SectionRemembering and Understanding ApplicationAnalysisEvaluation
AUD30-40%30-40%15-25% 
BEC15-25%50-60%20-30%15%
FAR10-20% 50-60%25-35% 
REG25-35%35-45%25-35% 

Know more about US CPA exam score date

Decision to conduct US CPA exams in India, helps candidates to better plan for the exams. Typically AICPA publish the score release dates for the first half of a new year in December of the previous year and the second half by June of that year. The below table highlights the score release dates after sitting for a section.

Score Release: Exam sections taken 23, April – 31, December, 2021

If you had taken exam on/before: Your target score release date is:
April 23May 11
May 16May 25
June 8June 16
June 30July 13
July 23August 10
August 15August 24
September 7September 15
September 30October 12
October 23November 9
November 15November 23
December 8December 16
December 15January 11

US CPA pass rate

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. CPA exam scoring is treated with a high level of importance, due diligence, and attention to accuracy.

The below table depicts the US CPA exam pass rate in last few years. As evident, the pass rate is nearly 51%. This makes CPA qualification a top most certification. To become successful in the exam, candidates needs to follow a systematic study plan and prioritize key sections.

Thinking of how to pass the exam ʔ.  Don’t worry. Through training from Uplift Professionals, candidates can get expert advice on exam strategy to ensure high marks

Section2017201820192020
AUD49%51%51%55%
BEC53%59%60%68%
FAR44%46%46%53%
REG47%53%56%64%

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 course, 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 one the best US CPA course provider in India, Africa and Middle East

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.