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What is CPA Course?

Last Updated On -23 Jul 2024

What is CPA Course?

In the quest to understand what is CPA course details, most students are aware of the course, but few grasp the career roles, breadth, and pay range that may be available to them once they complete this course. The full form of CPA is Certified Public Accountant which is an accounting practitioner who has completed the necessary education, examination, and experience criteria for licensing by a state board of accountancy. 

To become a CPA, you must pass an exam demonstrating that you understand the technical abilities required to perform services in financial accounting, accounting, reporting, auditing, attestation, rules and regulations, business settings, and business ideas which are taught throughout the CPA USA course

Businesses and nonprofit organizations value CPAs' broad knowledge of tax law, auditing processes, management techniques, and other critical facets of rigid financial operations. US Certified Public Accountants are gaining appeal as a global accounting profession. 

However, before embarking on a difficult US CPA course trip, you should learn about the income and perks that this career may provide. The salaries are adjusted based on factors like experience, job profile, location, country, and the industry you want to be part of.

CPA Course Details - Complete Overview

The fees of Certified Public Accountant Course is characterized into several categories and these categories include application fees, test fees, registration fees, license fees, etc. In India, the CPA program costs around INR 2,18,000. The CPA Exam is offered in eight Prometric exam locations, including Bangalore, Hyderabad, Ahmedabad, Mumbai, Calcutta, New Delhi, Chennai, and Trivandrum

CPA certification is a professional credential especially advantageous to CA course, MBA, Financial Advisors, and Cost Accounting professionals. Finance and accounting professionals can take a CPA course to acquire AICPA certification for career advancement by meeting three criteria: education, the CPA exam, and experience. 

What is the salary of CPA?

After finishing the Certified Public Accountant degree, students can begin their professions with an initial salary of INR 6-7 LPA, which can increase to INR 15-20 LPA with experience. Their responsibilities may vary depending on their position and area of expertise.

What is CPA Exam Structure and Format?

CPA course details include the 16-hour, four-part exam intended to measure the knowledge, skills, and abilities needed for the Certified Public Accountant credential. The computer-based test is conducted in test centers that are certified in many countries and which remains the same for all applicants. The test is in English. The question paper comprises multiple-choice questions, simulations, and writing abilities. The passing grade is 75 on a scale of 0-99. 

An applicant has to sit and pass all of the four-part exams within 18 months to be awarded the CPA certificate. The CPA examination is open for registration on a year-round basis, and candidates may register at any time.

Paper

Duration 

Course Details

Paper-1

4 hours

Auditing and Attestation (AUD)

Paper-2

4 hours

Financial Accounting and Reporting (FAR)

Paper-3

4 hours

Regulation (REG)

Paper-4

4 hours

Business Environment and Concepts (BEC)

What is CPA Duration, Eligibility Criteria, and Fees Structure?

Interested students can have a quick look for all the necessary information relating to eligibility and other CPA course details:

Particulars

Details

Course Name

Certified Public Accountant

Course Level

Certification

Duration 

18 months

Eligibility

Graduation degree or equivalent 

Entrance Exams

CPA Exam; duration 16 hours

Application Fees

INR 11,600

Average Salary

INR 7-8 LPA

Job Profiles

Bookkeeper, Financial Advisor, Accountant, Accounting Assistant, etc.

Top Recruiters

TCS, Deloitte, Accenture, Goodwin, Gamut HR Solutions

Why pursue CPA? - Top Reasons Why You Should Become a CPA

CPA USA course has many benefits. Some of the benefits of CPA are discussed below:

  • A CPA qualification opens the door to a variety of accounting career opportunities.
  • A CPA professional who has achieved international recognition may always get the greatest work prospects.
  • The growing number of accounting firms and organizations has increased the need for CPAs.
  • The CPA curriculum also improves the candidate's perceived cognitive ability among clients and employers, increasing their chances of progression and professional success.

A CPA's job includes financial management, which involves assessing and analyzing the client's financial situation, reviewing financial records, generating capital, tax, and audit reports, providing accounting advice, and advising the customer of changes in government regulations.

What are the responsibilities of a CPA?

The primary responsibilities of a CPA include the following:

  • Prepare and review financial records and statements.
  • Maintain records of all financial activity, including assets, obligations, and taxes.
  • Prepare financial reports for clients.
  • Maintain conformity with federal rules.
  • Individuals, corporations, industry, the government, private and non-profit organizations all hire CPAs. 

Certified Public Accountant (CPA): Your Window to Success 

Being a Certified Public Accountant (CPA) offers a plethora of accounting and financial career prospects. CPAs are highly recognized professionals who have completed rigorous education, tests, and experience requirements and have the technical skills to traverse complicated financial environments.

The us CPA course not only provides students with the information and abilities required to flourish in the accounting industry, but it also opens the door to a rewarding and profitable professional path.

Read More:

Frequently Asked Questions (FAQs)

What is a CPA course for?

The American Institute of Certified Public Accountants (AICPA) is the one responsible for conducting this test. CPA is a globally known qualification that is received after passing this Examination.

Is CPA very difficult?

Indeed, the exam challenges one and requires a lot of time and work. Nevertheless, the title of CPA takes one's career to the next level. Candidates can work in good companies, both top firms, and at a decent salary.

Is CPA in demand in India?

Yes, the horizons of CPA in India are infinite. Indian CPAs are equally adept in matters of corporate governance, international financial accounting, and so on. Consequently, CPAs become center stage in several roles within the financial services sector.

What is the CPA salary?

The average salary for a certified public accountant in India is INR 6,93,985. In certain locations, such as Mumbai, salaries may reach 20.5 LPA.

What skills do I need to pursue CPA certification?

To obtain CPA certification, you must have a range of skills. These capabilities include:

  • Technical abilities: CPAs must understand accounting concepts and processes. They must also be proficient in the usage of accounting software.
  • Analytical abilities: CPAs must be able to analyze financial data and recognize trends. They must also be competent to solve complex accounting difficulties.

Are CPAs and accountants the same thing?

All Certified Public Accountants (CPAs) are accountants, but then not all accountants are CPAs. Accountants and Certified Public Accountants diverge in terms of experience, education, and prospects. To become a Certified Public Accountant, individuals must pass the Uniform CPA Exam. Receiving CPA certification sets one at a distance from other business experts.


 

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