Do you have to take the CPA exam after you get your Accounting degree? How do you become these other things:?
NO, you don't need an Accounting degree to sit for the CPA. All you need is a 4 year degree Plus 30 credits hours of accounting courses. I would recommend that you get an accounting degree to pass the CPA. The passing rate of CPA exams is very low. So studying accounting makes it easy to understand and increases your chances of passing the CPA exam. You need to have a 4 year degree PLUS 30 credit hours of intermediate accounting courses. In all you need to have 120 credit hours of college courses PLUS 30 credit hours of accounting giving you a total of 150 credit hours. In all you need 150 credits equivalent to 5 years of college. My major is accounting and of course i will obtain an accounting degree to sit for the CPA...... WHAT i'm doing is obtaining my bachelors degree in accounting which will give me 120 credit hours(4 years) THEN i will go for a masters in accounting which is 30 credits(1 year). This way I will both have a Masters degree and the required courses and credits to sit for CPA. You can basically major in any business fields such as Finance, economics, marketing etc and then take an extra 30 credit hours of accounting courses. This will meet the requirements.
Can I go for a CPA after completing the IPCC 1st group?
If you intend to ask that can you write the CPA exam after completing IPCC Group 1, we also need to check if you have completed your graduation. What subjects you have studied at graduate level. Do you have sufficient accounting and business credits. From where you have done your graduation etc.There are couple of states with lenient requirements for writing the exam. B.Com from a recognized university is considered and will give you at least 90 credit hours and few states may also consider coursework completed as part of Chartered Accountancy program.You can start with your preparations for the CPA exam but most likely you will be eligible to write the exam once you pass IPCC Group 2.You can get in touch with us at Crosswalk CPA to help us suggest on your eligibility in a better way.
How do I complete CPA (US) after completing CA from India?
Indian CA and CPA US are professional qualifications however the quality, structure and the duration differs completely, also please note there is no exemptions in any of the subjects as ICAI currently don't have MOU with AICPA, so you will need to write 4 sections in order to pass the CPA examThe comparison between Indian CA and CPA US is given below:1. Duration : CPA takes on an average one year to complete, CA takes 4 years2. Study pattern : CPA US is a single level exam comprising of four sections however CA comprises of three levels like CPT, IPCC and final3. Subjects covered: CPA US has 4 exam sections while CA has 16 papers divided into groups mentioned above.4. Articleship : 3 years of internship experience is must for CA however for CPA , there is requirements of one year post qualification experience in order to obtain COP / License5. Overall Pass Percentage: CPA US has an average of around 50% of pass percentage for all 4 sections while the result for CA is on an average 4–5%6. Recognition: India CA is mostly recognized in India and middle East, while CPA US has job opportunities across the globe not limited to US.7. Overseas opportunities: CPAs tend to have more overseas opportunities with companies in India than India. CAs as CPAs have an upper edge due to US GAAP content being tested in CPA exam.8. Members : ICAI on an average have 280000 members whereas AICPA have 450000 members in the world9. Cost : CPA is costly( 4 lakhs INR ) as exams can be written only in US and Dubai, whereas CA exam( 2.5 lakhs including coaching and exams etc for all three levels ) can be written in India and thus the cost is on lower sideCA and CPA are great career enhancement for both students as well as professionals, for more details kindly visit CPA USA Course Training Institute in Ihndia |CMA USA Course Training Institute in India
Where can I take an online auditing class that would count toward my CPA requirement?
You might not want to attend a class that is tied with a school (for example UCLA, LSU or whatever). You might want to try an online school that is accredited but that is specifically for accounting and passing your CPA exam. One such course is Becker Accounting. I am not affliated with them at all. You might want to type in Google "CPA Schools" and look at the results.
How do I pursue CPA in the US after completing B. Com (distance)?
To be eligible for the CPA certification, you need to have a 4-Year Bachelor Degree or 150 credit hours (according to US standards). However, the http://B.Com course in the Indian scenario is of only 3 years. Therefore, you can pursue an accountancy masters like http://M.com or an MBA (depending on your field of interest). To further clarify your doubts regarding CPA eligibility, you can use Wiley’s free exam qualification eservice. Here’s a link you might find helpful: http://www.wileyonlinetraining.com/cpa
Do you really need 18 months to complete all 4 sections of the CPA?
Yes, unfortunately that is completely true. Most people do need 18 months because they fail at least one section. You don’t sign up to take the exam and have 18 months from that point in time. You simply have to pass all four sections within an 18 month window. Here’s more info:CPA Exam Schedule, Dates, Testing Windows, & Blackout MonthsBasically, once you pass your first section, you have 18 months to pass the next three. If you don’t pass all four within the 18 month window, your first passed exam will drop off and you will have to retake it.Thus, if you passed FAR first and couldn’t pass the rest of them within 18 months, you will have to retake FAR even though you already passed it. The same is true for your second passed exam. If you don’t pass all four 18 months from that exam, you will lose that one too. :(The best way to stay within the time frame is to get a proper CPA review course. Here’s a list of top ones with comparisons.Best CPA Review Courses - [ 2 0 1 7 COMPARISON ] - Don't Waste $$$$Find one that fits your learning style, study schedule, and budget.
Can I do a CPA degree after the completion of my B.Com, or does it require any job experience before doing a CPA degree?
The answer is both a yes and a no, depending upon the marks obtained by you in graduation. There is absolutely no requirement of work experience to sit for the CPA exams. However, to get a license, you need a work-ex of 2 years.Basically, you need 120 credit points in order to be eligible to sit for the CPA exams. Every year of university education in India is equivalent to 30 semester credits of US education.·Using 1 year = 30 credits, B.Com = 3 years x 30 credits = 90 credits.However, if you have completed your bachelors from a NAAC ‘A’ University in India and have passed in the first division, you shall be rewarded with an additional 30 credit points. That will bring your total to 120 points.If you don’t fulfill the requirements to be rewarded those extra 30 points, you shall have to pursue another course which will help you bridge the gap. Miles Education offers a bridge course called PGDPA from Amity University which is a 1 year online course designed to reward you with those 30 points needed to take the CPA exams. It can be pursued while you prepare for your CPA exams.To conclude, the answer is yes, you can take up CPA after completing your bachelors in commerce if you’re from a NAAC ‘A’ University with first division marks. Otherwise, a simple one year PGDPA course will help you get there!In case of any further queries, feel free to message me. Good luck!
Becker CPA exam review Self-Study or Online?
I have the summer to start my CPA exam, and I already know that I don't want to do FastPass. I also don't live where it would be really convenient for class yet. I'm not really sure what the difference is between the online version and the self-study version. It seems like all the course formats receive the same materials. What did you use and what do you recommend?
Recommendations of good online courses for Maine CPA CPE credits?
You should always check with your state board of accountancy to confirm CPA CPE requirements. Online self-study continuing education is often a great option because of the convenience and lower cost. If you are in a big hurry, check to make sure that the online provider allows you to take the exam online and that you can print the certificate of completion immediately upon passing the exam. I would recommend 1st Choice CPE: $99 for an unlimited CPE package. They have an unlimited CPE package for only $99. See links below for more information and a comparison guide to use in selecting an online CPE provider.