Citizens of India Now Able to Sit for U. S. CPA Exam in Middle
East. Qualified candidates from India now are able to
travel to take the Exam at any of the Middle East locations.
gmsisuccess1@gmail.com www.gmsisuccess.com
ABOUT CPA
· Globally Recognized: A Certified Public Accountant (CPA) is the highest standard of
competence in the field of Accountancy across the globe. The exam is
administered by the American Institute of Certified Public Accountants (AICPA),
which is the world's largest accounting body.
· CA and CPA : A CPA qualification is similar to the Indian CA
qualification. In addition to the CA qualification, a CPA will have knowledge
of US Generally Accepted Accounting Principles (GAAP), IFRS (International
Financial Reporting Standards), Generally Accepted Accounting Standards
(GAAS),US federal taxation and business laws. This gives great advantage to a
CPA when working with US Based Financial firms or Indian firms working for US
clients.
CAREER OPPORTUNITIES AFTER CPA
The certification opens doors to a wide variety of career options. Some
current hot areas in accounting include; Assurance Services, Forensic
Accounting, International Accounting, Internal & External Auditing, Tax
& Financial Planning, Consulting Services, Forensic Accounting. CPA's are the
most sought after professionals amongst the MNC's in India. With global
recognition, a CPA can always find the best place to work anywhere and a salary
with at least 30 - 40% more than the other accounting professionals
CPA EXAM
SYLLABUS
Here is a quick overview about the CPA exam
syllabus. A CPA requires a broad spectrum of knowledge and proficiency in it.
So, the entire CPA exam syllabus is broken down into 4 sections, each section
dealing with a body of related knowledge. Each of this section has its own
syllabus and exam which you need to be proficient in, to crack the exam. The 4
sections of the CPA exam are as follows.
1. Auditing
and Attestation (AUD),
2. Financial
Accounting and Reporting (FAR)
3. Regulation
(REG),
4. Business
Environment Concepts (BEC)
CPA ELIGIBILITY CRITERIA – INDIA
Most
state boards of accountancy require a minimum of 150 hours of post-secondary
education from a regionally accredited institution. This typically equates to a
Master’s degree.
In
case my opening paragraph isn’t clear enough. There are 55 state boards
offering the CPA license and to be eligible for writing exam for their licence,
you must meet the CPA eligibility requirements set by that state board.
Most
state boards also require a minimum number of college credits in various
accounting topics and business law. So if you want to become a CPA by first
passing the CPA Exam, plan on obtaining a Bachelor’s degree in accounting
(typically at least 120 semester hours) as well as a Master’s degree in
accounting or taxation (typically at least 30 semester hours).
If
you are a candidate from India, planning to take the CPA exam with a B.Com. You
are, unfortunately, ineligible to do so. To be able to write the CPA exam, you
should, in addition to the B.Com have a masters degree that covers the rest of
30 credits. You can do this by joining a distance learning program of a
recognized university.
A Breakdown Of CPA Exam Fees:
1. Examination Fee
You may be surprised
that the fee for the Uniform Exam could be different in different state. Many
states use the fee schedule set by the NASBA (National Association
of State Board of Accountancy):
· AUD: $192.03
· BEC: $172.51
· FAR: $192.03
· REG: $172.51
· Total: $729.08
The U.S.
CPA Exam is administered internationally as a service to U.S. citizens living
abroad and foreign nationals, as well as in response to the escalating
international demand for the U.S. CPA license. In recent years, Indian
candidates are among the largest groups of international candidates who have traveled
to the U.S. to take the CPA Exam. Opening the CPA Exam in the Middle East to
Indian candidates increases their testing options.
The international administration of the Exam, which is offered in English, is the same as the U.S. Exam administered by the AICPA, NASBA, and Prometric in the United States.
Licensure requirements for international candidates are the same as for U.S. CPA candidates. Along with passing the Uniform CPA Examination, international candidates must meet education and professional experience requirements as mandated by U.S. Boards of Accountancy.
The international administration of the Exam, which is offered in English, is the same as the U.S. Exam administered by the AICPA, NASBA, and Prometric in the United States.
Licensure requirements for international candidates are the same as for U.S. CPA candidates. Along with passing the Uniform CPA Examination, international candidates must meet education and professional experience requirements as mandated by U.S. Boards of Accountancy.
In the United States, Boards of Accountancy are the only entities
authorized to grant the U.S. CPA license. Indian candidates may apply through
one of the U.S. Boards of Accountancy. A list of participating Boards of
Accountancy and information regarding fees are posted on the “EXAMS” section of
the NASBA website at www.nasba.org. NASBA International Evaluation
Services (NIES) is available for candidates who wish to have their educational
credentials evaluated. NIES can be contacted at: 1-855-468-5382, via email at nies@nasba.org or via the website at www.nasba.org/nies.
https://nasba.org/blog/2014/09/30/citizens-of-india-now-able-to-sit-for-u-s-cpa-exam-in-middle-east/
for free info and
guidance :
91-022-9773464206
Gmsisuccess1@gmail.com
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