12 LPA
18 LPA
The CPA (Certified Public Accountant) designation is a globally recognized certification in the field of accounting and finance, administered by the American Institute of Certified Public Accountants (AICPA). It signifies expertise in accounting, auditing, taxation, and business law, and is highly regarded in both public and private sectors.
AICPA provides a duration of maximum 3 years, from the date of registration, to complete the US CPA Course.
At IIC Lakshya, we offer a structured CPA preparatory program, tailored to support your learning journey through expert guidance, flexible study options, and a team of seasoned faculty members. Whether you're studying full-time or balancing your career, our program adapts to your needs with online and hybrid study formats, extensive practice materials, and dedicated support.
Our commitment to excellence has made us a finance and accounting education leader. As a CPA aspirant, you’ll benefit from a comprehensive learning experience that not only prepares you to clear the exams but also ensures you're ready for a successful career in accounting
Step into the world of CPA! This highly respected certification provides you with essential skills in accounting, auditing, and financial management. The CPA syllabus is a comprehensive guide to mastering these fields, preparing you for a successful and rewarding global career in finance.
The Core sections are Auditing and Attestation (AUD), Financial Accounting and Reporting (FAR), and Taxation and Regulations (REG).
Choose CPA & Let your Global Career Take Flight!
Stay current with industry trends and changes through ongoing learning opportunities.
Connect with a global community of accounting professionals and industry leaders.
Access a wide range of roles in public accounting, corporate finance, and consulting.
A CPA is your ticket to work with leading firms worldwide.
12 LPA
18 LPA
The CPA certification is administered by the American Institute of Certified Public Accountants (AICPA) in partnership with the National Association of State Boards of Accountancy (NASBA). While the AICPA is responsible for developing and maintaining the exam content, NASBA plays a crucial role in overseeing and managing the exam process across different jurisdictions.
With CPA credentials, you can demonstrate your expertise and commitment to excellence in the industry.
Earn Your Certificate
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What is the CPA course and what subjects are covered?
The Certified Public Accountant (CPA) credential is awarded in 55 states and territories across the United States, granting permission to practice as a CPA in those areas. To attain this prestigious license, candidates must meet rigorous educational requirements, pass the CPA examination, and acquire relevant accounting experience. The course itself is relatively brief, comprising four exams, which can typically be finished in under a year.
The CPA curriculum covers four main subjects:
Is it challenging to pass the CPA exam after taking a long break from academics?
Passing the CPA exam after a significant academic break is entirely possible with the right approach. The CPA course itself is not inherently difficult; success primarily depends on proper planning, dedication, and consistent participation in lectures, whether live or recorded. Many individuals from diverse backgrounds—ranging from recent graduates to highly busy professionals, mothers returning after long breaks of 10 years or more, and even senior professionals—have successfully completed the course through structured coaching, tailored study plans, and expert mentorship. With the right resources and commitment, passing the exam after a break is achievable.
If a candidate fails one of the CPA exams, is it necessary to retake all four exams?
No, it is not necessary to retake all four exams if one of the CPA exams is failed. The candidate only needs to retake the failed exam. However, there is an important condition: the candidate must pass all four CPA exams within an 18-month window, starting from the date the first exam was passed. If the remaining exams are not completed within this timeframe, the candidate will have to retake any exams that were previously passed. This is the key factor to be mindful of when retaking an exam.
Is it possible to pursue the CPA course alongside a full-time job?
Yes, it is entirely feasible to pursue the CPA course while working full-time. With proper time management, candidates can prepare for the CPA exams by dedicating around 25-30 hours per week to their studies. IIC Lakshya provides a range of resources, including recorded video lectures, online test banks, one-on-one mentoring, and flexible options such as live online classes and weekend sessions.
Is the CPA course more difficult than the CA course?
The CPA course consists of only 4 papers, which can typically be completed within a year. On the other hand, the CA (Chartered Accountant) course involves 20 papers and generally takes around 4.5 years to complete. While both courses are rigorous, the shorter duration and fewer exams make the CPA course more streamlined compared to the CA course. However, the difficulty level depends on individual aptitude and preparation.
How long does it take to complete the CPA course?
The CPA course usually spans 12 to 18 months. In comparison, the CMA certification in India takes about 3 to 5 years to complete. The CPA exam, administered by the American Institute of Certified Public Accountants (AICPA) USA, consists of 4 papers. The CPA exam includes multiple-choice questions and task-based simulations.
How can I start pursuing the CPA certification course?
The first step is to verify your eligibility to sit for the exams. Typically, you’ll need around 120 credit hours to qualify. Your educational background in commerce, accounting, finance, or business will likely contribute to these credits. For further details or clarifications, feel free to reach out to us at info@iiclakshya.com
How can I get admission into the CPA program?
To qualify for the CPA exam in India, candidates must meet specific criteria: Hold a bachelor's degree in accounting or a related field, complete 150 hours of coursework in accounting, business, and related subjects, and successfully pass the Uniform CPA Examination.
Do candidates need to travel to the USA to take CPA examinations?
No, candidates do not need to travel to the USA to take the CPA examinations. They can take the exams in India through authorized testing centers. IIC Lakshya has established relationships with the U.S.-based institutions, allowing candidates to schedule and sit for their CPA exams locally in India.
Is it possible to meet the credit score requirements for CPA eligibility with a distance degree?
Yes, it is possible to meet the credit requirements for CPA eligibility with a distance degree, but it depends on several factors, including the specific state's CPA licensing board requirements and the accreditation of the institution where the degree was earned. Here's what you need to consider:
Accreditation: Degree must come from an accredited institution, as required by most U.S. state boards.
Meeting the Educational Credit Hours: CPA candidates generally need a bachelor’s degree (or equivalent) and a minimum of 150 semester credit hours of education. The credit hours can be earned through a combination of undergraduate and graduate studies. Many distance education programs are structured to meet these requirements.
Coursework Requirements: Apart from the total credit hours, states usually require specific coursework in accounting and business. You need to ensure that your distance degree covers the required topics, such as financial accounting, auditing, taxation, and business law.
State-Specific Rules: Each state has different rules regarding what constitutes an acceptable educational qualification for CPA eligibility. Some states may have restrictions or additional requirements for distance or online degrees. It’s crucial to check with the state board where you plan to get licensed.
Evaluation for International Degrees: If your distance degree is from a non-U.S. institution, you will need to have your credentials evaluated by a service approved by the state board to ensure they meet U.S. standards.
CPA exam marks show 75. Does this mean 75% or 75 marks, especially since some papers are out of 99 or 120? In that case, do they need 75 marks or 75%?
The CPA exam passing score is set at 75, but it's important to clarify that this score does not represent a percentage (like 75%). Instead, it's a scaled score that reflects performance across various sections of the exam, which can be scored out of different total points, such as 99 or 120
Are there CPA job opportunities in India?
Yes, there are numerous CPA job opportunities in India. The demand for CPAs is growing across various sectors, including multinational companies, public accounting firms, and Indian subsidiaries of U.S.-based companies. Additionally, partnerships with over 220 multinational companies, including the Big 4 and more than 70 Fortune 500 companies, offer exceptional recruitment and training opportunities. With competitive salaries averaging 10 lakhs or more for CPA professionals, India presents a thriving market for CPA careers.
Is there a demand for CPAs in India?
Yes, CPAs are highly sought after in India. Indian CPAs possess strong expertise in corporate governance and international financial accounting, making them valuable assets in various financial roles. As a result, many companies within the financial services sector actively recruit CPAs for key positions.
What are the advantages of obtaining a CPA certification?
Earning a CPA certification comes with several benefits, including:
Why is IIC Lakshya a good choice for CPA preparation?
IIC Lakshya excels with its experienced faculty, personalized learning strategies, and proven success record in helping CPA aspirants achieve their goals.
Can I customize my study schedule for CPA courses at IIC Lakshya?
Yes, IIC Lakshya offers flexible study schedules, allowing you to adapt your learning experience through online, and hybrid learning options to suit your needs.