CPA - Professional Training Academy

Certified Public Accountant (USA)

CPA (USA)

• The Certified Public Accountant qualification is the highest accounting credential in the US and is similar to the CA qualification in India.

• The qualification is offered by American Institute of Certified Public Accountants (AICPA) and administered at the state level.

• CPA is universally recognized and well accepted globally.

Why become a CPA?• International Credibility with the highest qualification in

accountancy in the US which enjoys international recognition as members of AICPA

• Strong Knowledge Base of US GAAP & IFRS (Financial Accounting & Reporting), US GAAS and audit procedures (Auditing), US taxation & business law (Regulation) and general business & financial understanding (Business Environment & Concepts)

• Global opportunities in the financial world certainly with increase in pay packets and prospects; CPA may also put you on the right track towards a global MBA

• International perspective coupled with increased confidence & competence

Benefits of CPA• Academic Advantage - Single level of exam with just 4 exam

papers, computerized exams with multiple-choice questions / simulations, simpler exam preparation & exam pass rates exceeding 45%

• Professional Leverage - Work-ex requirement is not mandatory as students can opt for education-in-lieu-of-experience

• Short Course duration - Becker CPA Review recommends a course duration of 8 months from the start date of the course; however, students may prefer to take more preparation time in view of their other academic & professional commitments

• Out-of-pocket expenses - Expenses of upto Rs. 250k (which includes US travel) is certainly a non-significant amount for an internationally acclaimed designation

Exam Content

• Part 1: Financial Accounting & Reporting, • Part 2: Auditing & Attestation, auditing

• Part 3: Regulation • Part 4: Business Environment & Concepts,

Eligibility

• B.Com, M.Com, MBA, CA Inter, CAs or 16 Years of Education.

CPA Course Content

• Financial Accounting & Report

• US GAAP for business enterprises , not –for-profit organizations, governmental entities; current syllabus includes

• Auditing & Attestation

• Auditing Procedures , generally accepted auditing standards and other standard related to attest engagements

• Regulation

• US Federal taxations , ethics, professional and legal responsibilities and business law

• Business Environment & Concepts

• Understanding the underlying business reasons for and accounting implication of business transactions

FAR AUD REG BEC

4 hour Exam -60% MCQ & 40% Simulations




CPA Course Content

CPA (USA)

• The Certified Public Accountant qualification is the highest accounting credential in the US and is similar to the CA qualification in India.

• The qualification is offered by American Institute of Certified Public Accountants (AICPA) and administered at the state level.

• CPA is universally recognized and well accepted globally.

Career Opportunities in India Career opportunities for CPAs include but are not limited to:

• The Big 4 and other US-based accounting firms• Financial services or consulting firms• US-based MNCs, firms & organizations• Indian MNCs and corporate listed in the US• Indian companies providing accounting, taxation and other financial

services to US clients

Career Opportunities for CPAs are boundless as they often expand their careers beyond the traditional accounting realm to provide related services for many different types of organizations

Specialization Options• Financial / International Accounting• Corporate Finance (M&A, IPO, Share & Debt Issues)• Venture Capital• Assurance and Attest Services• Internal Auditing• Information Technology (especially to accounting and auditing)• Management Consulting & Performance Management• Financial Planning• Financial Analysis• Tax Preparation and Planning• Income Tax• Estate Planning• Corporate Governance

CPA V/s CA• International Credentials• Career Opportunities• Time Advantage (Short duration)• Professional Leverage(Minimal peer work –ex)

Comparison of CPA V/s CA after MembershipCPA (USA) CA (India )

International Credibility Credibility in India Only

Knowledge of US GAAP & IFRS Knowledge of Indian Accounting Standard

Opportunity in India & Globally Opportunity in India Only

Becker - CPA Exam Review

About Becker Becker Professional Education, a part of DeVry Inc. (NYSE:

DV), is a global leader in professional education serving the accounting, finance and project management professions. Nearly half a million professionals have advanced their careers through its CPA Exam Review, PMP® Exam Review and Continuing Professional Education courses. Throughout its more than 50 year history, Becker has earned a strong track record of student success through world-class teaching, curriculum and learning tools that enable its students to develop the knowledge and performance skills necessary to stay ahead in an ever-changing business world.

Student Success• Students who prepare for the CPA exam with Becker pass at

double the rate of non-Becker candidates and Becker is the only CPA review provider that engages an independent third-party research firm to validate its pass rate claim.

• The American Institute of Certified Public Accountants (AICPA) has been awarding the Elijah Watt Sells Award to the top CPA candidates nationally, who, on their first attempt, achieve the highest cumulative scores for all four sections of the Uniform CPA Examination.

• Since the AICPA began recognizing the Elijah Watt Sells Award recipients beginning in 2005, a remarkable 89 percent of the winners (66 of 74) have studied with Becker’s CPA Exam Review.

Learning System• Becker CPA Review text

books• Pass master software

which is a database of past CPA examination questions, mock test , simulations etc

• One free repeat privilege• Home work assignments• Live classes with top

notch instructors

• Unlimited access to CD-Rom based lectures in the Office

• Pre-arranged instructor support

• Other support services include help with eligibility, exam scheduling, travel, placement assistance, visa assistance and licensing

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