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CPA Training, Online CPA Training, CPA USA Training (Greenwich, Greenwich)

Posted on: Monday, 13 June, 2016  08:44
Updated On: Monday, 13 June, 2016  07:47
Expires On: Wednesday, 21 September, 2016  06:44
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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 stat Examination Center Prometric centers in UAE, Kuwait, Bahrain, Lebanon, Japan & Brazil subject to conditions. Exam Format Subjects New CBTe Ex M T
Paper 1 : Auditing & Attestation 4 3 1
Paper 2 : Financial Accounting & Reporting 4 3 1
Paper 3 : Regulation (Law & Tax) 3 3 1
Paper 4 : Business Environment & Concepts 3 3
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

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