A professional who has obtained a CPA certificate from one of the 55 state accountancy boards in the United States, all of which are a part of NASBA, is known as a certified public accountant (National Association of the State Boards of Accountancy). The state board in each state has the power to issue CPA licences. One must fulfil all state board criteria, including those for education, experience, and exams.
It is widely understood that a CPA has the necessary knowledge of all accounting areas, including analysing financial statements, financial planning, tax preparation, internal auditing, income tax, and other accounting specialisations. This is due to the widespread awareness and acceptance of the CPA credential. In a nutshell, a CPA is a person who is proficient in every facet of the bookkeeping industry. This is just one of the many reasons that professional groups look for CPAs to fill challenging positions in finance and accounting.
The highest accounting credential in the globe is the CPA (Certified Public Accountant). It is on par with Indias’ qualified chartered accountants.
A certified public accountant is a profession in accounting which can bring more flexibility and mobility in their career. A US CPA will be licensed to practice typically in a particular state in the US, but has a whole career spectrum spread across the globe. CPAs are known for the knowledge & reliability. The popular sectors a CPA can work is;
Public accounting
Business and industry
Government
Education
Non-profit
CPA Prometric Locations/Centres in India
Regarding the cost of the US CPA exams, candidates must pay an exam administration fee before scheduling with Prometric if they are testing at any international test center. Enter your NASBA CPA Candidate Account Portal login information and choose " International Administration " to complete this. The international administration process for the India region is now available.
Hyderabad
Ahmedabad
Bangalore
Calcutta
Chennai
Mumbai
New Delhi
Trivandrum
US CPA Exam in India Every Month Now !!!
NASBA AICPA and Prometric announced good news for all the CPA aspirants: Testing for CPA exam candidates at test centers in India will begin on January 1, 2021. Also, the candidates may begin to use the scheduler on November 2, 2020.
US CPA aspirants can take the CPA course and exam sections after fulfilling all the required CPA eligibility criteria without restrictions, other than waiting to receive scores from prior attempts of the same section or when there is a major change in the exam. Continuous Testing will replace the existing limited CPA Exam Testing Window model, which only permits candidates to test in India during designated time frames.
CPA Fees in India
Auditing and Attestation (AUD): $250
Business Environment and Concepts (BEC): $250
Financial Accounting and Reporting (FAR): $250
Regulation (REG): $250
CPA course fees and exam fees in India
Previously students/CPA aspirants had to bear additional expenses of traveling and accommodation since they could appear for the CPA exams in the US only. But, now that is not the case, everything about US CMA and CPA exam can be done in India - Hear it directly from AICPA & NASBA.
International Testing Fee- $1560
Application Fee- $225
Overall, the cost of pursuing CPA in India would amount to INR 2,20,000 approximately.
CPA Cost Breakdown
Particulars | Cost in INR |
---|---|
Exam fees (per section $250) | ₹ 73,000 |
International testing fees ** | ₹ 1,09,500 |
Evaluation fees | ₹ 16,425 |
Application fees | ₹ 14,600 |
CPA exam fees | ₹ 2,13,525 |
** Please note International testing fees is not applicable If you are writing CPA exam in USA.
CPA license is awarded by all the 55 state board of accountancy (typically, the entire evaluation process, eligibility of CPA, and state board selection will be outsourced to Ryan International, and you need to STUDY). International candidates need to earn the CPA license within 3 years of clearing the CPA exams (otherwise, the CPA exam credits would lapse!). Need to fulfill the 4E criteria:
Exams: Pass the 4 CPA exams within 10-12 months time frame.
Education: 150 credits
Experience: 1 year
Ethics: Online on-demand exams and open book.
CPA Course Duration
In less than 18 months from the date of the first exam results, a candidate must pass all four CPA parts. Given the adaptable nature of the CPA training, the aspirant is continuously in command of his preparation. The aspirant is in full possession during CPA. Our aspirants typically pass all four parts without any pressure in under a year and obtain their CPA certification.
CPA Curriculum
The comprehensiveness and complexity of concepts covered in the US CPA curriculum are generally acknowledged. The exam also makes sure that a candidate has a solid understanding of the ideas needed for a professional accountant to function in demanding real-life situations. The curriculum for CPA comprises of four topics. Furthermore, these topics divide the CPA into the four exams that were covered earlier on this page. As follows:
FAR : Financial Accounting and Reporting
Syllabus
Conceptual Framework, Standard Setting and presentation of Financial Statements (17-23%)
Financial Statement Accounts: Recognition, Measurement, Valuation, Calculation, Presentation and Disclosures (27-33%)
Specific Transactions, Events and Disclosures: Recognition, Measurement, Valuation, Calculation, Presentation, and Disclosures (27% - 33%)
Governmental Accounting and Reporting (8% - 12%)
Not-for-Profit (Nongovernmental) Accounting and Reporting (8%-12%)
Duration
4 hour Exam
Question Pattern
66 multiple choice questions (50% Weightage) & 9 short task-based simulations (50% Weightage)
AUD : Auditing and Attestation
Syllabus
Engagement Acceptance & understanding the environment (12-16%)
Understanding the entity and its environment (16-20%)
Performing Audit procedures & evaluating evidence (16-20%)
Evaluating Audit findings, communications & reporting (16-20%)
Accounting & review services engagement (12-16%)
Professional responsibilities (16-20%)
Duration
4 hour Exam
Question Pattern
72 multiple choice questions (50% Weightage) & 9 short task-based simulations (50% Weightage)
REG : Regulations
Syllabus
Ethics, Professional, and Legal Responsibilities (15% -19%)
Business Law (17% - 21%)
Federal Tax Process, Procedures, Accounting, and Planning (11% - 15%)
Evaluating Audit findings, communications & reporting (16-20%)
Federal Taxation of Property Transactions (12% - 16%)
Federal Taxation of Individuals (13% - 19%)
Federal Taxation of Entities (18% - 24%)
Duration
4 hour Exam
Question Pattern
76 multiple choice questions (50% Weightage) & 9 short task-based simulations (50% Weightage)
BEC : Business Environment Concepts
Syllabus
Corporate Governance (16% - 20%)
Economic Concepts and Analysis (16% - 20%)
Financial Management (19% - 23%)
Information Systems and Communications (15% - 19%)
Strategic Planning (10% - 14%)
Operations Management (12% - 16%)
Duration
4 hour Exam
Question Pattern
62 multiple choice questions(50% Weightage) & 5 short task-based simulations (35% Weightage),Written communication( 15% Weightage)
Typically, the non- American candidates, who would like to take up CPA career would require cerain credit hours for the exam eligibility and licensure. Please get in touch with us to know more;
Call - 7356451800How Ryan International prepares you for US CPA certification
To pass all four exams for a CPA, Ryan International provides everything an aspirant requires. You won't overlook anything with the benefit of mock exams, review tests, quizzes, counselling meetings, and personal mentoring by Certified CPAs.
Ryan International provides the convenience of rewatching all lessons at your convenience and arranges live review sessions to ensure that you understand everything completely. We do this to prevent you from scrambling at the last minute, which is common among CPA candidates. They've been well received by the Indian Accountant community.
Customer centricity is the cornerstone of Ryan International, and we strive to satisfy you and simplify your CPA path in everything we do. We tackle everything, from scheduling classes as asked to assisting you with the CPA's detail paperwork.
While Ryan International offers the convenience of taking courses online, live classes give us the opportunity to speak with and assist clients in person. Depending on the timetable, the length of our interactive classes ranges from one to four hours. We watch out that the courses and syllabus don't become too much for you.
Our Highlights:
Training by Experienced CPAs
Extensive Content
Mock Tests and Performance Analysis
Crash Courses
Comprehensive Materials
Revision
Study Discussion Forums
Flashcards
Face to Face Mentoring
Placement Assistance
Complete Evaluation Support
Get in touch with us for Free Carreer Guidance
Contact UsCareer choices After earning a CPA in India
Finance and Accounting professionals have access to a broad range of career options.
CPAs are professionals who have perfected accounting, auditing, taxation, and related fields.
Credibility on a global scale: Accountants are respected for their knowledge and high standards on a global scale.
High-profile positions requiring CPA certification include vice president, president, head, chief executive officers, and others.
Pay Scale: An entry-level Accountant in India typically makes around INR 7,00,000 per year.
Ryan International has a number of business alliances and high-profile industry connections that we use to place our students year-round in the best accounting companies.