CPA Course demand has been rising over the Years. The CPA Course is considered one of the best options for a successful career. CPA also offers relatively higher salary and career prospectus. In this Article, we will cover complete details regarding the CPA Course, What is the Eligibility for CPA registration and what is the course fee. Students can also see our earlier post on CFA and Stock Markets.
CPA Course Details
CPA exam is one of the largest certification programs in the world. Therefore, it certainly gives and provides value to the Charterholders who pass it.
The curriculum of CPA isn’t complex, but it is vast. The challenge is to manage your time while studying and working. Passing the CPA while working (especially without support from your employer) demonstrates personal determination and commitment to finance.
Eligibility for CPA
The Eligibility to apply for CPA Course is different for each State in the United States.
CPA Course Structure
To put it simple, There are 4 papers which you need to clear in a time frame of 18 months. The CPA Exam is a computer-based test comprised of four sections.
The Four Papers in CPA Course are:
- Auditing and Attestation
- Business Environment and Concepts (BEC)
- Financial Accounting and Reporting (FAR)
- Regulation (REG)
CPA Exam Format
The current CPA exam takes a total of 14 hours for all four parts. The exam for the four subjects is explained in the following table.
Paper | Duration | Questions |
Auditing and Attestation (AUD) | 4 Hours | 90 questions |
Business Environment and Concepts (BEC) | 3 Hours | 72 questions |
Financial Accounting and Reporting (FAR) | 4 Hours | 90 questions |
Regulation (REG) | 3 Hours | 72 questions |
CPA Course Fee Details
The Total Fee that you may need to spend on CPA Course will come down to $3,000. The details are provided in the following table.
CPA For Chartered Accountants
CPA along with CA helps in understanding the global perspective. It’s really helpful in managing multinational corporations and gives you a composite knowledge. Decision making ability improves a lot.
CPA after CA
Join a CPA partner in India. An institute like Miles, Cocncorde or Edupristine will guide you well. Be ready to travel to Dubai or US to give your exams (You will either have to visit the USA to appear for the exams or from other CPA exam centres in other countries. For India, nearest and cheapest is Dubai.).
CPA Salary
The average salary being offered to people who have cleared both CA and CPA are:
Year | Salary ($) |
2012 | $ 75,000 |
2013 | $ 90,000 |
2014 | $ 82,000 |
2015 | $ 80,000 |
2016 | $ 86,000 |
First get a job
Sir I M newly qualified Chartered Accountant from where should I apply for CPA, can you plz guide me