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US CPA (Certified Public Accountant)
About US CPA Course
US CPA (Certified Public Accountant) is considered the gold standard in accounting and finance. With a focused curriculum comprising just 4 exams, this certification employs advanced testing techniques to assess candidates worldwide, ensuring that only the most deserving individuals earn the prestigious title. Achieved through education, relevant experience, and licensure, a CPA plays a vital role in shaping financial plans and transactions. CPAs are globally recognized as premier accountants and are hired across industries throughout the world
Go global through the highest accounting Qualification- US Certified Public Accountant
Why US CPA Course?
Recognized Globally.
Clear 4 CPA Exams in just 12 Months.
Secure a CPA license for a projected 22% job growth according to the Bureau of Labor Statistics.
Experience a 10-15% higher salary, potentially boosting lifetime earnings by $1 million.
Connect with a global community of 1.3 million professionals through your CPA designation.
100% Placement Assistance & Pass Guarantee
US CPA Course Content
Core (3 Parts)
Auditing and Attestation (AUD) | Financial Accounting and Reporting (FAR) | Taxation & Regulation (REG) |
---|---|---|
Ethics, Professional Responsibilities and General Principles 15-25% | Financial Reporting 30-40% | Ethics, Professional Responsibilities and Federal Tax Procedures 10-20% |
Assessing Risk and Developing a Planned Response 25-35% | Select Balance Sheet Accounts 30-40% | Business Law 15-25% |
Performing Further Procedures and Obtaining Evidence 30-40% | Select Transaction 25-35% | Federal Taxation of Property Transactions 5-15% |
Forming Conclusions and Reporting 10-20% | Federal Taxation of Individuals 22-32% | |
Federal Taxation of Entities (including tax prepration) 23-33% |
Discipline Exam (You can choose any one)
Business Analysis and Reporting (BAR) | Information Systems and Controls (ISC) | Tax Compliance and Planning (TCP) |
---|---|---|
Business Analysis 40-50% | Information Systems and Data Management 35-45% | Tax Compliance and Planning for Individuals and Personal Financial Planning 30-40% |
Technical Accounting and Reporting 35-45% | Security, Confidentiality and Privacy 35-45% | Entity Tax Compliance 30-40% |
State and Local Governments 10-20% | Considerations for System and Organization Controls (SOC) Engagements 15-25% | Entity Tax Planning 10-20% |
Property Transactions (disposition of assets) 10-20% |
US CPA Eligibility
In the United States, the CPA designation is the foremost achievement in accounting and finance, offering global recognition. The AICPA, the world's largest accounting body, administers the CPA Exams. Upon completing all four exams, aspirants are granted membership in the AICPA. However, the issuance of a CPA license is overseen by the 55 state boards of accountancy in the US through NASBA. Each state board has distinct eligibility criteria that candidates must meet to qualify for the US CPA exams.
Minimum Eligibility
Bachelor’s degree in any stream of Commerce, Accounting, Finance, Science or Arts
Candidate needs 120 CPE credits to take CPA examinations and 150 CPE credits to get a CPA license
US CPA Eligibility Criteria For Indians
Education | Credit Required for US CPA Eligibility |
---|---|
CA Inter/ CS Inter/ ICWA Inter/ Diploma | 30 credits |
M.Com/ MBA/ CA/ CS/ ICWA | 60 credits |
B.COM/ BBA/ BA/ BSC/ BMS/ BFA | 90 credits |
Duration
Depending on the candidate's dedication and focus, it takes a minimum of 12 months to complete the US CPA course.
AICPA provides a duration of maximum 3 years, from the date of registration, to complete the US CPA Course.
US CPA Certification Process
Why VGLD
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Placements after US CPA Course with VGLD
FAQ's
-The Certified Public Accountant (CPA) is a U.S.-based accounting designation awarded to candidates who pass the CPA examinations, possess relevant experience, and meet other state requirements (which may vary at the state level). It is equivalent to the Chartered Accountant (CA) designation in India.
No, candidates can also take the CPA examinations in India by scheduling with partner firms like VGLD, which have authorized relationships with US-based institutions.
Currently, CPA exam centers are located in seven cities across India – Gurgaon, Ahmedabad, Mumbai, Hyderabad, Bangalore, Chennai, and Trivandrum.
CPA examinations are administered by the AICPA (American Institute of Certified Public Accountants), the world’s largest accounting body. However, the CPA license is issued by the 55 state boards in the USA that are part of the NASBA. Each board has different eligibility criteria that candidates need to fulfill. For more details on state-level requirements, please contact the VGLD team.
Eligibility criteria for CPA varies across the 55 states registered under NASBA. Below are the common requirements –
Bachelor’s degree in any stream of Commerce, Accounting, Finance, Science or Arts
Candidate needs 120 CPE credits to take CPA examinations and 150 CPE credits to get a CPA license
Candidates from across educational streams including students who have done engineering courses are eligible for a CPA license as long as they have 120 CPE credits to appear for CPA examinations.
Each exam section lasts for four hours and comprises 50% multiple-choice questions (MCQs) and 35-50% simulation and written-type questions.
No, there is no negative marking in CPA.
No exemptions are offered to Indian CAs as there is currently no Memorandum of Understanding (MoU) between ICAI and AICPA to recognize each other’s members.
Yes, candidates across all levels of CA courses are eligible to appear for CPA examinations.
The CPA course consists of only 4 papers, allowing completion within a year. In contrast, the CA course comprises 20 papers and typically takes around 4.5 years to complete.
The CPA exam fee is USD 950, the international testing fee (to appear for CPA in India) is USD 1510, and the foreign academic credentials evaluation fee is USD 225. All these fees are payable to US boards for various processes. In addition, VGLD separately charges each student a sum of INR 99,000 + GST for exam preparations.
The VGLD fees include original and authorized Becker Study Material for 24 months, weekend classes, guidance on evaluation and examination, as well as CPA License and Job Placement Assistance.
Yes, options for loans and EMI with leading banks are available at VGLD. Please contact the VGLD team for more details.