CERTIFIED PUBLIC ACCOUNTANT
A Certified Public Accountant (CPA) is the most honored and renowned profession and the highest qualification in the field of Accounting. The world’s largest accounting body; American Institute of Certified Public Accountants (AICPA) administers the CPA examination.
In short, a US CPA is an American CA!
ELIGIBILITY
Candidates with 150 credits can become a US CPA by scoring 75 in each of the 4 papers and by meeting the licensing criteria of the chosen state board.
JOB ROLES
- Tax
- Audit & Assurance
- Forensic Accounting
- Client Advisory Services
- Personal Financial Planning
- Technology & Cybersecurity
- Management Accounting & Finance
WHY CPA?
HIGH SALARY:
₹7 TO 9 LPA (BEGINNER)
GLOBALLY RECOGNIZED CREDENTIAL
WORK ABROAD
12-15 MONTHS
AUD - AUDITING AND ATTESTATION
78 MCQS (50%) | 7 SIMULATIONS (50%)
CONTENT AREA
ETHICS, PROFESSIONAL RESPONSIBILITIES AND GENERAL PRINCIPLES
ASSESSING RISK AND DEVELOPING A PLANNED RESPONSE
PERFORMING FURTHER PROCEDURES AND OBTAINING EVIDENCE
FORMING CONCLUSIONS AND REPORTING
WEIGHT
15-25%
15-25%
30-40%
10-20%
FAR - FINANCIAL ACCOUNTING AND REPORTING
50 MCQS (50%) | 7 SIMULATIONS (50%)
CONTENT AREA
FINANCIAL REPORTING
SELECT BALANCE SHEET ACCOUNTS
SELECT TRANSACTIONS
WEIGHT
30-40%
30-40%
25-35%
REG - TAXATION AND REGULATION
72 MCQS (50%) | 8 SIMULATIONS (50%)
CONTENT AREA
ETHICS, PROFESSIONAL RESPONSIBILITIES AND FEDERAL TAX PROCEDURES
BUSINESS LAW
FEDERAL TAXATION OF PROPERTY TRANSACTIONS
FEDERAL TAXATION OF ENTITIES
WEIGHT
10-20%
15-25%
22-32%
23-33%
ISC-INFORMATION SYSTEMS & CONTROLS
82 MCQS (60%) | 6 SIMULATIONS (40%)
CONTENT AREA
INFORMATION SYSTEMS AND DATA MANAGEMENT
SECURITY, CONFIDENTIALITY AND PRIVACY
CONSIDERATIONS FOR SYSTEM & ORGANIZATION CONTROLS (SOC) ENGAGEMENTS
WEIGHT
35-45%
35-45%
35-45%
BAR - BUSINESS ANALYSIS AND REPORTING
50 MCQS (50%) | 7 SIMULATIONS (50%)
CONTENT AREA
BUSINESS ANALYSIS
TECHNICAL ACCOUNTING AND REPORTING
STATE AND LOCAL GOVERNMENTS
WEIGHT
40-50%
35-45%
10-20%
TCP-TAX COMPLIANCE AND PLANNING
68 MCQS (50%) | 7 SIMULATIONS (50%)
CONTENT AREA
TAX COMPLIANCE AND PLANNING FOR INDIVIDUALS AND PERSONAL FINANCIAL PLANNING
ENTITY TAX COMPLIANCE
ENTITY TAX PLANNING
PROPERTY TRANSACTIONS (DISPOSITION OF ASSETS)
WEIGHT
30-40%
30-40%
10-20%
10-20%
STEPS TO BECOME A US CPA
1
DETERMINING ELIGIBILITY TO SIT FOR US CPA EXAM
2
STUDY FOR US CPA WITH PREPQ
3
EXAM REGISTRATION & COMPLETION
4
WORK EXPERIENCE
5
APPLY FOR LICENSE
WHY PREPQ
PrepQ is Kerala's first and largest provider of US professional courses with a team of young, dedicated and qualified professionals.
EA & US CPA qualified faculties
Official partners of Surgent USA
Surgent superior study materials
Premium online & offline batches
(in English & Malayalam)