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Certified Public Accountant (CPA) CPA is a globally recognized financial course offered by AICPA (The American Institute of Public Accountants ) USA. A CPA is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals All CPAs are accountants, but not all accountants are CPAs.How to become CPA? 3 E’s are required for licensure: · Education · Exam or Uniform CPA Examination · Experience State Boards of Accountancy determine the laws and rules for each state/jurisdiction Education · Requirements vary by state/jurisdiction (see state requirements) · Most states now require 120-150 semester hours · Number of accounting hours (in the 150 total) is dependent on state requirements Uniform CPA Examination Computer-based format Consists of 4 sections · Auditing and Attestation (AUD) · Business Environment and Concepts (BEC) · Financial Accounting and Reporting (FAR) · Regulation (REG) · Same test no matter where it is taken · Passing score is 75 on a 0-99 scale · Question types include multiple choice, simulation and written communication · Eligibility to sit for exam depends on state · Examination Center · Prometric centers in UAE, Kuwait, Bahrain, Lebanon, Japan & Brazil subject to conditions. Exam Format Subjects Exam Details TIME M T WCT Paper 1 : Auditing & Attestation 4 36×2 8 Paper 2 : Financial Accounting & Reporting 4 33×2 8 Paper 3 : Regulation (Law & Tax) 4 38×2 8 Paper 4 : Business Environment & Concepts 4 31×2 2 3 · MCQ – Multiple Choice Questions 2 Test lets · TBS – Task Based Simulations · WCT – Written Communication Task Experience · A candidate is an applicant for a CPA license · Many states require the candidate to have 1 – 2 years’ experience under a CPA · Additional requirements vary by the candidate’s · Education – e.g., Graduate degree vs. 150 hours of undergraduate · Employer(s) – e.g., Public accounting firm vs. industry · Type of work – e.g., Tax professional vs. auditor Address: HEADQUARTER ADDRESS 201 , SM Plaza, Next to Radhika Movieplex, Dr. A.S.Rao Nagar Hyderabad , India +9140-27142211 +91 800 8000 311 [email protected] BRANCH OFFICE Office 402, Bank Street Building (Ubl Building), Bank Street, Bur Dubai, Dubai, United Arab Emirates. 00 97 150 3940 459
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