Tumgik
#CPAELIGIBILITY
skaadoosh1996 · 1 year
Text
youtube
CPA Evolution 2024 would result in adaptability and transformation in the CPA course, CPA exam structure, CPA licensure framework, CPA salary package, and demand. The 2024 CPA changes will have a greater impact on the BEC section of the US CPA course. Watch the full video to learn more.
0 notes
Video
youtube
CPA Eligibility | CPA Bridge Course Details, Exam,Credits , Eligibility, License by Sripal Jain|CPA
Are you lacking credits to be eligible for the US CPA exam? Don’t worry.
We have developed a Bridge course to help you meet the credits and sit for the CPA exam. Are you confused with questions like.....
What IS CPA Bridge Course & Program? What is the Eligibility of the US CPA Exam? US CPA Bridge Course Credits? Is B.com Eligible for CPA Exam? Is CA Inter Eligible for CPA Exam? Is ICWAI Eligible for CPA Exam? Is a B.Sc candidate eligible for CPA Exam?
Simandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4         "𝗦𝗶𝗺𝗮𝗻𝗱𝗵𝗮𝗿 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀
Simandhar education has over 3000 enrolled students and has successfully placed more than 200 students across reputed firms. We have a team of 10 leading faculties and have effectively conducted 100+ corporate events in the CPA/ CMA domain.
Contact Us: +91- 7780273388 or leave a message on social media.
Make sure to hit the like, share and subscribe to our YouTube channel.
To get more updates on the YouTube Channel click: http://bit.ly/2Mt2BB1
Now you can listen to our podcast at https://bit.ly/36PYQPP
0 notes
vishnuiasacademy · 2 years
Video
youtube
CPA Course Details Telugu (2022) |CPA Aspirant| CPA Exam in India, Eligibility, Jobs, Fees,Duration
Simandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4
0 notes
Video
youtube
What is CPA | CPA Course Details, Eligibility, Duration, CPA Fee Structure, CPA Exams | Learn CPA from Master himself- Sripal Jain | CPA Cost | CPA India | 
Are you confused with questions like.....
 What is US CPA? 
 Why would someone want to become a US CPA? 
 How much does it cost to become a US CPA? 
 How many subjects are in the US CPA exam? 
 How to clear CPA? 
 Hear it directly from Mr. Sripal Jain, CA, US CPA licensed.
0 notes
simandhar · 3 years
Video
youtube
CA vs US CPA | US CPA Course Eligibility Fees Salary | Simandhar Education | AICPA NIES
Simandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4 Chartered Accountant Course Vs Certified Public Accountant If you are confused between CPA and CA, this video will clear all your doubts. You will also learn about US CPA exam eligibility criteria, why US CPA is important to advance our career in finance, job opportunities after cracking the CPA exam and many more such questions. Simandhar Education, the Official partner of Becker professional education and Channel partner of AICPA. Know Everything about US CPA Course Eligibility Fees Duration Salary. 𝐀𝐛𝐨𝐮𝐭 𝐒𝐢𝐦𝐚𝐧𝐝𝐡𝐚𝐫 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧
https://www.youtube.com/channel/UCNtcsDN1WhnsdS_m2wY-Z-g
0 notes
sailajasimandhar · 3 years
Photo
Tumblr media
What is CPA?
CPA stands for Certified Public Accountant
CPA (Certified Public Accountant) is a designation given by AICPA to the individuals who have passed the Uniform CPA exam, met the required and relevant experience. The CPA designation enforces high professional standards in the field of accounting.
CPA Eligibility | CPA Exam:
The CPA Exams are administered by AICPA, the world's largest accounting body. AICPA offers membership to all the aspirants successfully clearing all 4 CPA exams. CPA license, however, is issued by the 55 state boards of accountancy of the US that are part of NASBA. Each state board has different eligibility criteria that the aspirant needs to meet to take the US CPA exams.
Master's Degree in any of the streams of Commerce, Accounting or Finance
An aspirant needs 120 credits to take the US CPA exams and 150 credits to get his CPA license
It's considered that one year of University education in India is equal to 30 credits of US education
In some cases, first division graduates of a three-year degree from NAAC-A accredited universities of India are qualified to take the US CPA exams too.
CPA Salary in India, USA:
The average salary for a Certified Public Accountant (CPA) in India is ₹701,387.
The average salary for a CPA in the US is $119,000,
CPA USA fees structure/ CPA USA fees:
The overall cost of CPA USA in India, including exam fees, ranges from 3.75- 4 lakhs INR.
Simandhar Education:
Simandhar is the official partner of Becker and AICPA - Largest Training provider for US CPA Course, US CMA , IFRS and EA courses in India with offices in Bangalore, Hyderabad, Delhi, Ahmedabad, Gurgaon, Kerala, Cochin (Kochi), Trivandrum, Kottayam, Kozhikode, Malappuram, Chennai, and Mumbai.
Learn how to use CPA, from First basics to advanced techniques, with online video tutorials taught by industry Experts. Simandhar Education is best leading CPA Exam in India. Contact us@ 919390785925.
0 notes
theaman098 · 4 years
Video
youtube
This an in-depth video on #CPAcourse explained by Our Co-Founder Sripal Jain CA, US CPA. All the information you need to know to choose a US CPA as a Career. #CPA course Details Covered in this video
 1. #CPAEligibility
2. #CPAsubjects -- CPA FAR -- CPA BEC -- CPA REG -- CPA AUD 
3. #CPALicensingAssistance
4. #CPAJobOpportunities 
 1. CPA # Eligibility - #NIES evaluation and #WES evaluation and eligibility for US CPA BCOM Gives you (90 Credits) MCOM, CA Inter, CS Inter, ICWAI Inter,  MBA Gives you (60 Credits) Combination for CPA -Can  BCOM ( IGNOU) + MCOM do CPA - Yes - Can BCOM + CA Inter do CPA course - Yes -- Can BCOM + CS Inter do CPA course - Yes -- BCOM + ICWAI Inter do CPA course  - Yes -- BCOM + MBA do CPA course - Yes -Bcom- IGNOU  + CA do CPA course- Yes - CA without Bcom do CPA course- Yes *Total of 150 Credits Required for Licensing
 2.  US CPA course details #FAR - Financial Accounting Reporting ( Financial) -- 66 MCQ's -- 8 Task-Based Simulations #AUD - Auditing -- 72 MCQ's -- 8 Task-Based Simulations #REG - Regulation -- 76 MCQ's -- 8 Task-Based Simulations #BEC - Business Environment Concepts ( Busines) --  62 MCQ's --  4 Task-Based Simulations --  Written Communication Contact Us: +91-7780273388 |
0 notes
Text
6 Things Simandhar Does to help CPA Students Achieve 98 Score
Tumblr media
CPA is regarded as one of the toughest examinations not just in the account field, but across all the fields. The CPA test has 4 corridor/ subjects – BEC ( Business Terrain Generalities), AUD (Auditing and Documentation), FAR (Financial Accounting and Reporting), and REG ( Regulations). You need to score 75 in each subject to clear the test. A CPA applicant will have 18 months to clear all the examinations from the time he appeared for the firstexam.However, also he has to start again from the first test, If he fails to do it. In malignancy of all the difficulties, numerous account professionals prefer to do a CPA course because it's a veritably satisfying career. The first step in clearing the test is to choose the right CPA training center. Simandhar Education is one of the stylish CPA training centers in India that has trained 1000s of CPA applicants including account scholars and professionals. Simandhar Education has a track record of over 90 CPA pass rate of its scholars appearing for the examinations. Numerous of our scholars have scored high marks in the examinations. Utmost of them have gone on to get jobs at Big 4s and top account enterprises. Wondering what we're doing right? Below are 5 effects that Simandhar Education gets spot-on to help scholars pass CPA with scores up to 98. Student-Centric Approach Simandhar Education follows a pupil-centric approach. For us, our values and scholars come first over all additional. We insure that the scholars have a smooth experience from onboarding to getting a US CPA. In the words of ourCo-founder Sripal, “ We promise to stay by your side throughout your trip of getting an account professional.” Everything we do at Simandhar resonates with these words. We give end-to- end backing to our scholars. We take care of all the paperwork and companion you on every step of the process so that you can concentrate fully on your studies. SImandhar CPA Review Live Interactive Classes Tired of the monotonous boring lectures? We hear you loud and clear. As the adage goes, Education isn't tutored; education is achieved Literacy is a two- way process. There has to be strong communication between the coach and his pupils. Understanding the virtue of this, Simandhar Education conducts live interactive classes. Our faculty and coaches drink dubieties and queries from the scholars. The dubieties will be cleared incontinently. Our faculty try to make sure that the class is engaging and interactive. Plus, the classes are listed at periodic intervals to make sure you aren't overwhelmed. It gives you enough time to revise the content and rejuvenate before the coming class. We understand that at times, you ca n’t attend live classes due to unknown reasons. For that, we give you access to the recorded classes so that you can watch them at your accessible time. Study Material Simandhar Education uses Becker-approved study accoutrements that are easy to understand. The study material covers the class of all 4 corridor of the CPA test. Our study material is curated to go beyond helping the scholars clear their examinations. Simandhar Becker LMS is developed to train scholars in practical generalities so that they can also exceed in their plant. We make sure that the scholars are over to date with the current trends passing in the account and finance assiduity. Study Groups Our study groups are one of the strongest attributes of Simandhar Education. We've devoted study groups across different platforms and online forums. Our faculties and scholars are active utmost of the time. These study groups prove to be the biggest source of knowledge and alleviation. Any questions or dubieties you post in the study group will be addressed incontinently either by our faculty or scholars. Our coaches will give you with tips and test medication strategies to insure you're on the right track. Either, the scholars will also partake their test medication strategies which will motivate you and keep pushing yourself. Last- Nanosecond Modification Classes The last many days before the test are veritably stressful. But it's also the most pivotal phase. All those months of hard work and fidelity are about to pay off. A little bit of mistrustfulness will also creep in. It's veritably important to hold your jitters and continue doing what you have been doing for so each. To keep you on track, our platoon will conduct live last- nanosecond modification classes. It helps you to make up your confidence and gives you a sense of sureness. Our coaches will recap the class and walk you through the course content. Special significance will be given to the most important and most delicate motifs. During this session, our coach will give you with important tips and strategies and make you test-ready. Mock Tests and Quizzes The only way to understand your knowledge of the subject is to take as numerous mock tests and quizzes as possible. We've a training plan that consists of mock tests, quiz assessments, essay questions, MCQs, and compressive progress tests. We also use the Becker test bank to put our scholars through a rigorous testing process. The mock tests will help you manage your time so that you do n’t come nervous during the test. You'll understand how important time you have to allocate for each question. The further mock tests you take, the more confident and assured you'll be when attending the test. With the below- mentioned attributes, it's no surprise that Simandhar Education has surfaced as one of the stylish CPA institutes in India. Simandhar has ticked all the boxes that scholars anticipate from an account training institute. Still, get in touch with us at 91778027338 8 or post us atinfo@simandhareducation, If you're planning to pursue a CPAcareer.com.
0 notes
vishnuiasacademy · 3 years
Video
youtube
CPA Eligibility | Certified Public Accountant Exam | US CPA Course in India | CPA Course | Simandhar
Simandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4
0 notes
Video
youtube
CPA | US CPA Course Details Eligibility | CPA Exam in India | CPA in India | Simandhar Education
Want to know about  US CPA Course details, Eligibility & Jobs in India? If you are interested in CPA (Certified Public Accountant) you need to know what exactly it takes for one to become a CPA, how CPA can be beneficial, and help you reach immense levels of success in the field of Accounting and Finance. Certified Public Accountant, also known as CPA is globally recognized and is the highest standard of competence in the field of Finance and Accountancy. 𝐓𝐢𝐦𝐞𝐬𝐭𝐚𝐦𝐩: 0:01 US CPA Course Eligibility 0:24 What is US CPA 0:44 CPA Eligibility 3:02 CPA Course Duration 4:19 Apply for CPA Exam 6:24 Slot for CPA Exam in Promteric 6:30 Sections in CPA Exam 7:29 CPA Exam Passing criteria 8:37 Cost for CPA Exam 9:58 Job Placements in US CPA 10:15 US CPA Salary 10:46 US CPA License 12:20 US CMA or US CPA Course 16:06 Think CPA Think Simandhar
0 notes
Text
US CPA Exam Syllabus
Tumblr media
The Uniform Certified Public Accountant examination is a credentialing exam for professionals seeking to become CPAs. It is graded by AICPA (American Institute of Certified Public Accountants) and administered with NASBA (National Association of State Boards of Accountancy).
CPA Exam Format:
The CPA exam consists of 4 sections.
Auditing and Attestation (AUD) Regulation (REG) Financial Accounting and Reporting (FAR) Business Environment and Concepts (BEC) There are 3 types of questions in the CPA exam:
Multiple-Choice Questions (MCQs) vary from one sentence to paragraph length questions with 4 options. Task-Based Simulations (TBS) require candidates to type in answers and may include research questions, journal entries, reconciling accounts, filling out a form with MCQs, or filling out sections of reports. Written communication tasks test the candidate’s ability through writing; these are a must in the BEC section.
Each exam section is broken into 5 tests:
Auditing and Attestation (AUD)
Testlet Questions 1 36 MCQs 2 36 MCQs 3 2 TBS 4 3 TBS 5 3 TBS Regulation (REG)
Testlet Questions 1 38 MCQs 2 38 MCQs 3 2 TBS 4 3 TBS 5 3 TBS Financial Accounting and Reporting (FAR)
Testlet Questions 1 33 MCQs 2 33 MCQs 3 2 TBS 4 3 TBS 5 3 TBS Business Environment and Concepts (BEC)
Testlet Questions 1 31 MCQs 2 31 MCQs 3 2 TBS 4 2 TBS 5 3 Written Communication Questions CPA Exam by Sections and Question Type:
Sections Time MCQs TBS Written communication AUD 4 Hours 72 8 – REG 4 Hours 76 8 – FAR 4 Hours 66 8 – BEC 4 Hours 62 4 3 Skills Tested by Section:
Section Remembering & Understanding Analysis Application Evaluation AUD 30 to 40% 15 to 25% 30 to 40% 5 to 15% REG 25 to 35% 25 to 35% 35 to 45% – FAR 10 to 20% 25 to 35% 50 to 60% – BEC 15 to 25% 20 to 30% 50 to 60% – Related Article: US CPA Exam Score Release Dates 2021 CPA Exam Content Areas by Sections:
Auditing and Attestation (AUD):
Developing a Planned Response & Assessing Risk (20 to 30%) Debtor-creditor relationships Entity’s internal control Planning an engagement Assessing and identifying the risk of material misstatement Materiality Specific areas of engagement risk Professional Responsibilities, Ethics & General Principles (15 to 25%) Nature and scope Engagement documentation Ethics and professional conduct Communication with management Communication with component auditors A firm’s system of quality control Obtaining Evidence & Performing Further Procedures (30 to 40%) Sampling techniques Acquisition and disposition of assets Internal control deficiencies and misstatements Performing specific procedures to get evidence Subsequent events Written representation Reporting and Forming Conclusions (15 to 25%) Reports on attestation engagements Reporting on compliance Reports on auditing engagements Review service engagements Other reporting considerations Related Article: ALL ABOUT CPA-AUD EXAM Regulation (REG):
Federal Tax Procedures, Professional Responsibilities and Ethics (10 to 20%) Federal tax procedures Responsibilities in tax practice Legal duties Licensing and disciplinary systems Business Law (10 to 20%) Contracts Business structure Agency Government regulation of business Debtor-creditor relationships Federal Taxation of Property Transactions (12 to 22%) Estate and gift taxation Determination of taxable estate Acquisition and disposition of assets Gift tax deductions Gift tax annual exclusion Cost recovery Federal Taxation of Individuals (15 to 25%) Passive activity losses Computation of tax and credits Gross income Filing status Reporting items from pass-through entities Alternative Minimum Tax Computation of tax and credits Federal Taxation of Entities (28 to 38%) S corporations C corporations Liquidation of business entities & tax treatment of formation Trusts and estates Limited liability companies Partnerships Tax-exempt organizations Related Article: CPA Study Strategy of FAR, REG, BEC, AUD by Laxmikant Financial Accounting and Reporting (FAR)
Standard-Setting, Conceptual Framework, and Financial Reporting (25 to 35%) Public company reporting topics The standard setting for non-business entities Conceptual framework Special purpose framework Standard setting and conceptual framework for nonbusiness entities General-purpose financial statements Select Financial Statement Accounts (30 to 40%) Property, plant, and equipment Cash and cash equivalents Intangible assets Investments Long-term debt Income taxes Compensation benefits Inventory Select Transactions (20 to 30%) Business combinations Derivatives and hedge accounting Leases Research and development costs Subsequent events Differences between IFRS and U.S. GAAP Accounting changes and error corrections Contingencies and commitments Foreign currency transaction and translation Nonreciprocal transfers Software costs Fair value measurements State and Local Governments (5 to 15%) Comprehensive Annual Financial Report (CAFR) Specific types of transactions and events: calculation, measurement, presentation in a governmental entity, and valuation. State and local government concepts Government-wide financial statements Related Article: Tips to Clear CPA FAR Exam Business Environment and Concepts (BEC)
Corporate Governance (17 to 27%) ERM (Enterprise Risk Management) frameworks Internal control frameworks Regulatory frameworks and provisions Economic Concepts and Analysis (17 to 27%) Market influences on business Economic business cycles Financial risk management Financial Management (11 to 21%) Working capital Capital structure Financial valuation methods Information Technology (15 to 25%) Information security/availability IT governance Role of information technology business Processing integrity Systems development of maintenance Operations Management (15 to 25%) Cost accounting Planning techniques Performance management Process management Related Article: CPA-BEC Exam Study Strategies Conclusion:
CPAs have a huge demand in different fields like public accounting, business and industry, non-profit, government, and education. Check out the CPA exam syllabus given above to be aware of the subjects. Hope the detailed information provided in this article about the CPA exam syllabus has been helpful to you. Feel free to comment if you have any other doubts.
SIMANDHAR EDUCATION Simandhar is the official partner of Becker and AICPA – The largest Training provider for US CPA, US CMA, IFRS and EA, HRCI courses in India.
Learn how to clear your CPA exams with extremely satisfying results by getting proper guidance and knowledge through our online courses and video tutorials taught by Industry Experts. We’re here to provide you with all the help that you need in order to ace your CPA, CMA exams. We are just a call away for any assistance. Simandhar Education is the leading training provider for the CPA Exam in India. Contact us@ 91 9390584166.
Hurry up !!
CPA exam is now in India and Simandhar Education will help you to achieve it.
0 notes
Video
youtube
CPA USA vs ACCA UK VS CMA USA VS CFA USA|US CPA | Simandhar Education | CFA |ACCA | CPA USA |CA
Various international courses are discussed and compared here, such as US CPA, US CMA, ACCA, and CFA. CPA vs ACCA CPA stands for Chartered Accountancy in the United States. It has a passing rate of approximately 55-60%. You can finish it in as little as 8 to 9 months. CPA exams are only available in the United States and Dubai. There are tremendous job opportunities present in India as many US-based companies present in India, such as Apple, Facebook, Capgemini, PWC, Deloitte. The overall costing which falls for the CPA is 3.5 to 3.6 lakhs. Simandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4 Career Games! CPA USA vs ACCA UK VS CMA USA VS CFA USA Confused about which career to choose. Watch this informative video and get complete details..!! - ACCA vs CPA vs CFA vs CMA based on the governing body - ACCA vs CPA vs CFA vs CMA based on Exam format - ACCA vs CPA vs CFA vs CMA based on Fees - ACCA vs CPA vs CFA vs CMA based on time - ACCA vs CPA vs CFA vs CMA based on Work Experience, Salary and Job Opportunities We are the best institute in India for providing USA Accounting  Courses like US CPA & US CMA  with all the assistance and support. A live webinar is also available.
0 notes
Text
All About US CPA-BEC Exam
All About US CPA-BEC Exam
Tumblr media
The CPA-BEC Exam (Business Environment and Concepts) tests the students in management, principle economic concepts, Information & Technology (IT), and corporate governance.
Let’s know the complete details of the CPA-BEC Exam.
BEC Topic Areas & Concepts:
The CPA BEC section is a 4-hour long exam. It includes the below topics:
Economic Concepts and Analysis: – It consists of topics like deflation, inflation, interest, and foreign exchange rates. Besides, you’ve to know the topics which affect businesses.
Corporate Governance: – Includes how an enterprise or entity can be controlled, and how the framework management operates, the difference among various roles, and understanding the influence of stakeholders. You also have to be familiar with the general provisions of an entity.
Information Technology: – It includes concepts like the role of IT in maintaining continuity/consistency.
Financial Modeling and Management: – It covers topics like financing, calculating value statements, and creating models.
Operations Management: – It covers variance analysis and cost accounting.
Here you can see the BEC webinar by Sripal Jain(CFO of Simandhar Education
BEC CPA Exam Structure and Format:
The CPA BEC exam starts with 2 testlests with 33 Multiple-Choice Questions (MCQs) each. The third testlet includes 2 Task-Based Simulations (TBS). After that, there will be a 15-minute break. Then another 2 testlets will be there with 2 TBS and 3 tasks involving work communication.
BEC Section Format:
Conclusion:
The BEC section of the CPA Exam is filled with business and finance-related topics and while it might seem like it’s a lot or the topics don’t directly relate to each other, you just need to tackle the different topics one at a time basically. The above article has all the information that one needs in order to prepare for the BEC part of the CPA exam. The complete details, format, and also topics covered in CPA-BEC are given above. Hope this would be of help, wish you all the good luck! Despite this, if you have any more doubts, you may leave your comments below.
SIMANDHAR EDUCATION
Simandhar Education is the leading training provider in alliance with Becker professional education for professional courses like US CPA, US CMA, CIA, EA, IFRS, and HRCI. Simandhar is present in India, Nepal, Sri Lanka, Bangladesh, Argentina, Philippines, UK & Ireland. Simandhar offers training under the guidance of experts with vast industry experience.
Learn how to clear your CPA exams with extremely satisfying results by getting proper guidance and knowledge through our online courses and video tutorials taught by Industry Experts. We’re here to provide you with all the help that you need in order to ace your CPA, CMA exams. We are just a call away for any assistance. Simandhar Education is the leading training provider for the CPA Exam in India. Contact us@ 91 9390584166.
Hurry up !!
CPA exam is now in India and Simandhar Education will help you to achieve it.
0 notes
Text
Differences Between ACCA and CPA USA
Tumblr media
Differences Between ACCA and CPA USA What is CPA (Certified Public Accountant)?
A Certified Public Accountant or CPA is a respectable credential that is given to one by the American Institute of Certified Public Accountants (AICPA). One can achieve this credential by successfully passing the Uniform CPA Examination and also by meeting certain educational and experience requirements. All over the world, different countries have certifications equivalent to that of CPA like the CA designation in India. The US CPA is one of the most highly respected credentials in the field of accounting and finance.
What is ACCA (Association of Chartered Certified Accountants)?
The Association of Chartered Certified Accountants or ACCA is a leading global professional accounting body founded in 1904, which offers the Chartered Certified Accountant qualification to learners who want to build a career in finance. Individuals who are Chartered Certified Accountants must be members of the ACCA and also they must comply with certain additional regulations such as carrying liability insurance, having a practicing certificate etc.
Differences between ACCA & US CPA
Application & Qualification:
This is one of the most crucial and vital differences between CPA and ACCA.
CPA USA
To appear for the CPA qualifying exam, the candidate must have any of the following qualifications.
Member of the “Institute of Costs & Works Accountants in India.” Member of the “Institute of Chartered Accountants of India.” Member of the “Company Secretaries in India.” MBAs. Master of Commerce. B.com graduates, pursuing Masters. The basic requirement for a candidate to become eligible for the CPA exam is that one must have 120 or 150 credits and the total must include 30+ in accounting and 24+ in business-related subjects. However, these requirements may vary according to different states. Once you are approved to give the exam, the preparation method depends completely on you. For the CPA exam, the state board would not provide any study material; candidates have to take commercial review courses. That is a decision that would need to be made according to one’s level of comfort. CPA USA can be pursued from various accredited institutions.
ACCA
The entry-level qualification for the ACCA is much lower than that of the CPA as the minimum requirements for the qualification are as follows.
Two A-Levels and three GCSEs (or their equivalent). These need to be in five separate subjects, including English and Maths. You can decide to do ACCA right after the 10th, graduation is not really a necessity here. Another notable piece of information is that if you have a bachelor’s degree in the relevant subjects, you can certainly apply for exemption on the part of all the papers at the fundamental level. Apart from this, there would be certain documentation that needs to be submitted to write the ACCA exam.
Related Article: Which is better? ACCA, CFA, or CPA Course Details:
CPA USA
CPA USA consists of four parts/papers which are related to Audit, Business Environment, Financial Reporting and Regulations. As mentioned above previously, CPA USA requires a student to study for at least 150 semester hours which is usually a graduate degree, before entering a CPA program. There are 4 parts of the CPA exam: Financial Accounting & Reporting (FAR), Audit & Attestation (AUD), Regulation (REG) and Business Environment & Concepts (BEC). These papers are tested the same irrespective of the state or institute. Finally, another important particular is that one also needs to pass or get an exemption from an ethics paper.
ACCA
The ACCA consists of three important particulars which are: 4 entry-level papers, 13 ACCA papers and also two outline modules which are based on professional ethics. There are four papers of the FIA or Foundation in Accounts which is an entry-level certificate and three initial papers of the ACCA. Then there are 13 ACCA papers which are further divided into two main groups – nine fundamental 4 professional papers. The candidate has a choice of whether he/she wants to finish off with the FIA or further pursue the ACCA qualification.
Exam Format & Content:
US CPA
The US CPA examination content involves these four parts in detail:
Auditing & Attestation (AUD) Business Environment & Concepts (BEC) Financial Accounting & Reporting (FAR) Regulation (REG) To become a CPA, one needs to pass all the four sections within an 18-month testing window. Each part of the Uniform examination is a 4-hour paper that covers different subsets of topics and concepts related to business and finance.  
The CPA exam is 100% computerized, and each part of the exam is arranged into test-lets. These testlets consist of several multiple-choice questions followed by many task-based simulations. There are also written communication test-lets in the exam.
One can choose to take four parts, one at a time or two at a time or even all four at once. That can be decided accordingly; you can sit for the exam at any of the Prometric centres and at any time during the first two months of every quarter.
ACCA
ACCA covers the following subjects at the knowledge and professional level:
Financial Reporting Cost and Management Accounting, Financial Management, Performance Management etc Auditing Taxation Law Ethics and other relevant theories As mentioned before there are 13 papers which are divided into Fundamental Level consisting of 9 papers and Professional Level consisting of 4 papers. Candidates can also apply to waive off part or all of the given papers but only at the Fundamental Level. You basically first have to give the four FIA (Foundation in Accounts) papers as an entry-level certificate and then proceed to giving the 13 ACCA papers.
The ACCA exam isn’t computerized although some papers might be computerized but not all. This particular examination is offered about four times in a year.
The ACCA exam is also computerized in India and during the pandemic there is remote proctoring.
Duration & Passing Criteria:
CPA USA
Usually, candidates need to pass the CPA USA examination within 12 to 18 months, but if you are highly committed and passionate about this, you can choose to take all the four parts of the exam in a single go which will indeed be a great achievement. In this case, the course would be completed within 3 to 6 months. The passing criteria for the CPA papers are 75%.
ACCA
Given that the number of papers in the ACCA course are a lot and also the fact that these exams are held only twice a year, candidates usually complete all the papers and become an ACCA member within almost 4 years which is definitely a long time when compared to CPA. The passing criteria for the ACCA papers are 50%.
Job Description:
CPA USA
The job of a CPA is related to finance and accounting service for the public. The designation of a CPA is highly respectable and Internationally recognized all over the globe. A CPA can work for large and small public accounting firms. A Certified Public Accountant is a trusted financial advisor who diligently helps various individuals, businesses, and other organizations to reach their financial goals. The CPA license is not required for corporate or private accountants, but it is necessary for public accountants who work either solo or for companies that provide accounting services to others.
CPAs specialize in many areas like:
Financial Analysis Internal Auditing Management Accounting Information Technology Auditing Tax accounting ACCA
There are multiple career options available for ACCA professionals too. An ACCA can work as a management consultant, financial planner and so on. Their work is related to the inspection of the accounting service of public and private entities. They usually also deal with international accounting standards. They need to have the certification before the inspection. Other than auditing, taxation, etc. ACCA can mark their presence globally across the field of finance, controlling, and financial analysis. ACCA India has no authority for signing, and hence he cannot mark his signature on audit reports. Similarly, he cannot set up his auditing firm as well. However, an ACCA India professional can carry out auditing jobs in the UK.
Key Differences between ACCA and CPA USA CPA USA ACCA CPA is organized by American Institute of CPA ACCA is organized by Association of Chartered Certified Accountants. Requires Master’s level of qualification for eligibility. Requires post-secondary level of qualification for eligibility. Can be completed in 18 months. Can be completed in 3 to 5 years. Passing criteria is 75% Passing criteria is 50% Feasible because it consists of 4 exam papers in total to be completed. Is complicated since it has about 13 exam papers to clear. It is an American accountancy diploma therefore is recognized internationally. It is a UK based study and is also equivalent to a UK Master’s degree. Why should one pursue ACCA? The ACCA certification prepares you for both financial and management roles; this will help you choose careers in different industries. ACCA is definitely recognized all over the globe, and since it is a UK based study, it might not be possible for an ACCA India to run its own auditing firm in India. But ACCA India professionals can carry out an auditing job in the UK successfully.
Though the exams are lengthy and there are a lot of papers for the ACCA qualification, exams can be attempted twice in a year with around 300+ locations to choose from around the globe which just makes it easier for the candidate to find the nearest exam location. One can appear for the exam right after completing their 10th, unlike CPA, ACCA doesn’t require graduation to be completed.
Why should one pursue the CPA? AICPA is an extremely prestigious body for Certified Public Accountants, and the Uniform CPA exam that is conducted by the AICPA is looked upon with high regards since it is the highest qualification that a CA (Chartered Accountant) can achieve. Therefore, CPA is a very prestigious credential. CPA receives the valid license that allows them to practice in the USA successfully. They also enjoy other advantages of getting to work with large organizations, public accounting departments, and also in various reputable American MNCs.
Earning a CPA license demonstrates a commitment to the profession and often shows potential candidates for management and leadership positions. The CPA is less confusing and feasible as compared to the ACCA, and this is computerized. CPAs are multi-talented professionals as they get to perform various specialized jobs like international financial reporting, tax advisory services, business and management, and also information technology.
CONCLUSION:
ACCA and CPA are both very well-recognized all around the globe. One has to choose between the two qualifications based on their individual study on various aspects like future plans, background, career interest, jurisdiction, country preference, and many more. The decision depends completely on the individual, but this article will help understand both the courses in every way which will help make a more informed decision. Requirements also might vary in different cases when it comes to one qualification or another and even state-wise.
Hope this article will be of help as it contains all the required basic information for both the courses ACCA and CPA. Despite this, if any more queries need to be dealt with, you may drop your comment below.
SIMANDHAR EDUCATION
Simandhar Education is the leading training provider in alliance with Becker’s professional education for professional courses like US CPA, US CMA, CIA, EA, IFRS, and HRCI. Simandhar is present in India, Nepal, Sri Lanka, Bangladesh, Argentina, Philippines, UK & Ireland. Simandhar offers training under the guidance of experts with vast industry experience.
Learn how to clear your CPA exams with extremely satisfying results by getting proper guidance and knowledge through our online courses and video tutorials taught by Industry Experts. We’re here to provide you with all the help that you need in order to ace your CPA, CMA exams. We are just a call away for any assistance. Simandhar Education is the leading training provider for the CPA Exam in India. Contact us@ 91 9390584166.
Hurry up !!
CPA exam is now in India and Simandhar Education will help you to achieve it.
Simandhar logo
0 notes
Video
youtube
Why shall CAs do CPA by Sripal Jain CA CPA with ICAI | Simandhar Education | Must Watch Video
Simandhar Education will help you ace the CPA, CMA, EA, CIA, and IFRS certifications. For any further information regarding the courses, you can feel free to reach out to our expert counselors at 𝟕𝟕𝟖𝟎𝟐𝟕𝟑𝟑𝟖𝟖. Drop your Details: https://bit.ly/3wf2fD4 This video talks about the career after CA and why a CA should go for CPA USA qualification. It also talks about the opportunities after the US CPA. CPA USA and it's opportunities by Sripal Jain, CA CPA USA - Co-founder, Simandhar Education ( Exclusive interaction with ICAI coordinators @ Digital Accounting profession conference -2.0)
https://www.youtube.com/channel/UCNtcsDN1WhnsdS_m2wY-Z-g
0 notes
Text
How to pass the US CPA exam while working full-time?
Tumblr media
How to pass the US CPA exam while working full-time?
Many people believe it’s like a fantasy to write the US CPA exam while working full time.
The first question that comes to our mind is, how to prepare? What should be my study plan? So here are a few tips for you to follow:
Planning: Plan the dates for each segment as soon as they start the test window. Iterations: Go over the course material, sample questions, etc. at least 4 times before the exam. First in 30 days, then in 15, followed by a fast-paced revision in a week and then final quick review on the day before the exam.
No Social media: Say no to social media as it may distract you from studies. Delete all your social media Apps and mute all your WhatsApp groups for the time being.
Attend classes regularly: When you’ve enrolled in a CPA Training Program, make sure your participation there is 100 percent. You may be a brilliant student or a graduate of business or you may have excellent accounting skills, but being irregular to classes will make you less concentrated. Interact in class with your teachers and try to clear up questions as soon as you can’t understand something in the implementation of the course.
Short-term targets: Always set short achievable targets according to your capability.
Highlighting: Keep the course content underlined and labelled when learning so as not to skip a significant piece during revision.
Summarizing: Notice all the essential bullet points in a word document for each chapter, printed and kept only on the morning of the exam for review.
Stay focused: Whatever busy you stay all day, keep CPA prep top of your priority list. Make an estimation of your overall workload during the day, allocate and stick to that schedule the anticipated hours needed for each task. Intelligent time management will increase your productivity by 10 times as much as it’s now.
Mock tests – Take 2 mock tests for each section – a week before the exam and a day before.
Don’t Stress out: The Point is to take breaks and do whatever stress buster you like. Breaks are also necessary to keep you going.
Keep yourself calm and healthy: When we go through a strict daily routine, staying calm and energized is most critical. Get a good night’s sleep and a balanced diet.
These are the ten golden tips that if a person follows will surely be able to crack the CPA exam in one go. All the best!!!
Here you can hear from one of our US CPA Alumni Ankit, Who passed US CPA while working full time
Simandhar Education:
Simandhar is the official partner of Becker and AICPA – Largest Training provider for US CPA, US CMA , IFRS and EA courses in India.
Learn how to clear your CPA exams with extremely satisfying results by getting proper guidance and knowledge through our online courses and video tutorials taught by industry Experts. We’re here to provide you with all the help that you need in order to ace your CPA, CMA exams. We are just a call away for any assistance. Simandhar Education is the leading training provider for the CPA Exam in India. Contact us@ 91 9390584166.
Hurry up !!
CPA exam now in India and Simandhar Education will help you to achieve it.
0 notes