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AICPA

kamal kishor sen (STUDENT Rajasthan) (2156 Points)

17 June 2011

HI FRIENDS

I WANT TO KNOW ABOUT CPA COURSE, I MEAN ELIGIBILITY , CENTRE OF EXAMINATION , AND DURATION OF COURSE, AND PAPERS TO BE CLEARED.

REGARDS,

KAMAL KISHOR SEN.

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9 Replies

Asha Gupta (Chartered Accountant Company Secretary Pursuing CPA from AICPA) (62 Points)
Replied 17 June 2011

Hi Kamal,

This is CA. Asha Gupta. I am also doing CPA course from AICPA. I would like to provide information as requested by you.Different States have diff rules & eligibilty criteria for CPA exam .

There are Four papers which are as follows:

1) Financial Accounting & Reporting

2)Audit

3) Regulation

4) Business environment & Concepts

Duration of Course- 8 to 9 Months. Devote 2 months in each paper.

Exam center- Colorado states is most favourable for International Students due to its less stringent rules & eligibilty criteria.

You will get all information by visting the following sites:

www. nasba.org.

www. cpanet.com

Good luck!!!

3 Like

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(Guest)

Thanks for the valuable information

CA ADITYA SHARMA (CA IN PRACTICE ) (16719 Points)
Replied 18 June 2011

Originally posted by : Asha Gupta
	Hi Kamal, This is CA. Asha Gupta. I am also doing CPA course from AICPA. I would like to provide information as requested by you.Different States have diff rules & eligibilty criteria for CPA exam . There are Four papers which are as follows: 1) Financial Accounting & Reporting 2)Audit 3) Regulation 4) Business environment & Concepts Duration of Course- 8 to 9 Months. Devote 2 months in each paper. Exam center- Colorado states is most favourable for International Students due to its less stringent rules & eligibilty criteria. You will get all information by visting the following sites: www. nasba.org. www. cpanet.com Good luck!!!

THANKS

kamal kishor sen (STUDENT Rajasthan) (2156 Points)
Replied 18 June 2011

thanks mam,

Hari Krishna.D (CA & CWA Final) (38 Points)
Replied 21 November 2011

just finsihing d 4 papers, thatsal??

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deepak (student) (29 Points)
Replied 24 November 2011

Originally posted by : Asha Gupta
	Hi Kamal, This is CA. Asha Gupta. I am also doing CPA course from AICPA. I would like to provide information as requested by you.Different States have diff rules & eligibilty criteria for CPA exam . There are Four papers which are as follows: 1) Financial Accounting & Reporting 2)Audit 3) Regulation 4) Business environment & Concepts Duration of Course- 8 to 9 Months. Devote 2 months in each paper. Exam center- Colorado states is most favourable for International Students due to its less stringent rules & eligibilty criteria. You will get all information by visting the following sites: www. nasba.org. www. cpanet.com Good luck!!!

Which review course are you referring to? When are you appearing and where? US or the international centres?

Asha S (Director - www.cpachamps.com) (193 Points)
Replied 21 January 2012

Visit www.cpachamps.com for details.

Thanks!

MOHD ANZAR ALI (EMPLOYEE) (78 Points)
Replied 30 June 2012

HI FRIENDS

I WANT TO KNOW ABOUT CPA COURSE, I MEAN ELIGIBILITY , CENTRE OF EXAMINATION , AND DURATION OF COURSE, AND PAPERS TO BE CLEARED.

REGARDS,

(Guest)

First, here are some key facts that you will need to know about becoming a
CPA.

You will need to pass the CPA Exam.
In order to become a U.S. CPA, you must pass an exam that has four parts,
the exam is uniform but when you write it you will be doing so for one state
or jurisdiction (the choice of which one will depend on your educational
background). Note that U.S. residency or citizenship is not required.

You have to be eligible to take the CPA exam.
Eligibility requirements vary among the 54 different states/jurisdictions so
depending on your educational background, you may be eligible to take the
exam for only 1 or 2 of them. Discovering on your own which, if any state,
will allow you to take the exams can be time consuming and costly as there
is a lot of confusing and incorrect information available.

It is essential to prepare for the exam.
Most candidates prepare using a CPA review course, especially those who are
educated outside the U.S.
candidates.

Suggested Next Step
If you would like to have more information on the designation, exam or
whether you are eligible, please e-mail LESLIE ANN ROGERS at either la.rogers @ cpaexcl.com
or la_cpaexel @ shaw.ca.

What is a U.S. CPA?

A CPA is certified and/or licensed by a United States state authority (i.e.,
state board of accountancy) to practice accounting. The three broad areas
that require CPAs, include Public Practice, Industry and
Government/Not-For-Profit Organizations. Noted below are many of the career
choices within these groups where a CPA¹s professional expertise is
required:

PUBLIC PRACTICE INDUSTRY GOVERNMENT/ NOT-FOR-PROFIT
· Auditing · Corporate Finance · Government
Accounting
· Environmental Accounting · Financial Reporting ·
Not For Profit Accounting
· Forensic Accounting · Internal Auditing ·
Education Services
· Information Technology Services · Management Accounting ·
Non Financial Positions
· Management Consulting · Tax Planning
· International Accounting
· Personal Financial Planning
· Tax Advisory Services

Although many opportunities arise in the United States due to a shortage of
US CPAs, CPAs also are in demand in around the world.

WHAT IS REQUIRED TO ATTAIN THE CPA DESIGNATION:

Requirements:
In order to become a CPA, all candidates must pass a four-part Computer
Based Test (CBT). While the exam is administered uniformly, every
state/jurisdiction has its own set of education and experience requirements
that individuals must meet in order to receive the CPA designation that then
allows them to practice public and/or industry accounting. These
requirements are established by law and administered by the state boards of
accountancy. There is no status in writing for one state over another
because the exam is uniform (the same degree of difficulty) for all
candidates.

Most of the states/jurisdictions do not require individuals to be U.S.
citizens and about half of the states/jurisdictions do not have a residency
requirement.

Prior to applying to write the exam, a candidate must first have all post
secondary transcriptts evaluated by a U.S. academic evaluation service. Once
assessed and approved, the student then applies to write the examination.
All transcriptts must be presented in English. In the event that translation
is required, an official translator must stamp the transcriptt.

CPA Computer Based Testing details:
The CBT has four sections and will be 14 hours long. The four sections to
the exam are Auditing & Attestation, Financial Accounting & Reporting,
Regulation and Business Environments & Concepts.

The sections are organized as follows:
· Auditing & Attestation (4 hours): (AUD) This section covers
knowledge of planning the engagement, internal controls, obtaining and
documenting information, reviewing engagements and evaluating information,
and preparing communications.
· Financial Accounting & Reporting (4.0 hours): (FAR) This section
covers knowledge of concepts and standards for financial statements, typical
items in financial statements, specific types of transactions and events,
accounting and reporting for governmental agencies, and accounting and
reporting for non-governmental and not-for-profit organizations. New for
2011, IFRS.
· Regulation (3.0 hours): (REG) This section covers knowledge of
ethics and professional responsibility, business law, Federal tax procedures
and accounting issues, Federal taxation of property transactions, Federal
taxation individuals, and Federal taxation entities.
· Business Environment & Concepts (3 hours): (BEC) This section covers
knowledge of business structures, economic concepts, financial management,
information technology, and planning and measurement.
Section Structure

The components of the Auditing and Attestation (AUD), Financial Accounting
and Reporting (FAR) and Regulation (REG) sections will be:

Three Multiple-Choice Question (MCQ) test lets, and

One test let containing six or seven short Task-Based Simulations (TBS)

The components of the Business Environment and Concepts (BEC) section will
be:
Three Multiple-Choice Question (MCQ) test lets, and
Three written communication tasks on BEC topics
Accounting knowledge is tested in simulations through a variety of tasks,
some of which require searching databases, completing written communication
exercises, and working with spreadsheets and forms. The skills that
simulations are intended to measure are: analysis, judgment, communication,
and research.
In all simulations, candidates are presented with a situation and instructed
to write a letter or memorandum on a specific topic.
Written communication responses are scored on the basis of three criteria:
*Organization - structure, ordering of ideas, linking of ideas one to
another.
*Development - presentation of supporting evidence.
*Expression the use of standard business English.
*Responses that do not address the assigned topic are not scored.
The year is divided into four windows. Once candidates pay the exam fee,
most states will only give candidates six months or two windows to sit for
all four parts. In each three-month window candidates can take any number
of the sections, once for each section on a window, in the first two months
(January and February but not March, April and May but not June, and so on).
The exam is offered up to six days a week at Prometric locations in the
United States, www.prometric.com <https://www.prometric.com> . The results
are available within 60 days after taking the exam. Each credit for a passed
section is valid for 18 months. Thus, a candidate must pass all four
sections within an 18-month period. If all four sections are not passed
within an 18-month period, sections passed outside the 18-month period must
be retaken.

Leslie Ann has helped many students and my friend being one of them....you can mail her regarding details!