CPA Training in Hyderabad | CPA Coaching classes in Hyderabad| CPA Training - Hyderabad

CPA(CERTIFIED PUBLIC ACCOUNTANT)

A CPA is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals
All CPAs are accountants, but not all accountants are CPAs.

How to become CPA?
3 E’s are required for licensure:
•Education
•Exam or Uniform CPA Examination
•Experience
State Boards of Accountancy determine the laws and rules for each state/jurisdiction

Education
•Requirements vary by state/jurisdiction (see state requirements)
•Most states now require 120-150 semester hours
•Number of accounting hours (in the 150 total) is dependent on state requirements

Uniform CPA Examination

Computer-based format

Consists of 4 sections
•Auditing and Attestation (AUD)
•Business Environment and Concepts (BEC)
•Financial Accounting and Reporting (FAR)
•Regulation (REG)
•Same test no matter where it is taken
•Passing score is 75 on a 0-99 scale
•Question types include multiple choice, simulation and written communication
•Eligibility to sit for exam depends on state
•Examination Center
•Prometric centers in UAE, Kuwait, Bahrain, Lebanon, Japan & Brazil subject to conditions.

Exam Format

SubjectsNew CBTe
ExMT
Paper 1 : Auditing & Attestation431
Paper 2 : Financial Accounting & Reporting431
Paper 3 : Regulation (Law & Tax)331
Paper 4 : Business Environment & Concepts33

•MCQ - Multiple Choice Questions
•TBS – Task Based Simulation
•WCT – Written Communication Task

Experience

•A candidate is an applicant for a CPA license
•Many states require the candidate to have 1 – 2 years’ experience under a CPA
•Additional requirements vary by the candidate’s
•Education – e.g., Graduate degree vs. 150 hours of undergraduate
•Employer(s) – e.g., Public accounting firm vs. industry
•Type of work – e.g., Tax professional vs. auditor