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Exploring CPA US: Costs and Curriculum

Anna Nikova 29 Jan, 20249.1k

Index


Introduction
Entire US CPA Program
Eligibility: Of CPA US Course in Detail
Syllabus: Of CPA US Course in Detail
CPA Certification: Investment Module
To Know Things: In the CPA US Course Program
Benefits of the CPA US Program
Examination: Of CPA US Course Program
Institute to Explore
Conclusion
FAQ 

Introduction


The United States AICPA (American Institute of Certified Public Accountants) board conferred value-adding professional certification for aspirants to train in the finance and accounting sectors. It will be vital for individuals who want to pursue a career in relevant commerce fields like tax, audit, accounting, or finance in the United States of America. Here at AICPA, it is designed to ensure that the cadets who earn the CPA full form have the knowledge and skills they must have to meet the complex accounting and financial reporting demands of industries and organizations.

This is information content for our aspirants to explore the CPA US course in detail, including its syllabus, examination module, fees or costs, benefits, and steps to become a Certified Public Accountant (CPA).


Entire CPA US Program: Course Details For Your View

Steps to becoming a Certified Public Accountant (CPA)


To become a Licensed Certified Public Accountant, cadets must meet a few tentative requirements and need knowledge about CPA course details:

  • Educational Eligibility: The cadets must have a bachelor’s degree or higher equivalent grade from an accredited college or university, and preference will be given to those who have completed a certain number of accounting and business courses.
  • Training Part: With a training academy or of their own choice, cadets can develop a study plan that includes textbooks, mock tests, and review courses. Most, preferably the majority, of cadets choose to enroll in a CPA training academy like NorthStar Academy in Bangalore or join some study group.
  • Strategies Follow: In between these processes, cadets must practice time management, reading question capability, how to answer all the questions, and more disciplines, even if they are unsure of the answer or handling techniques.
  • Exam Scheduling: Cadets must register for the CPA exams through the NASBA (National Association of State Boards of Accountancy) and schedule their testing window slots via Prometric centers in all the states and the company that oversees the exam.
  • Work Experience to Become Licensed: Cadets must have completed a quite reasonable amount of work experience in a relevant field under the oversight of a licensed CPA expert to become a Licensed Certified Public Accountant (CPA) in this accounting job market.


Requirements: Of the CPA US Course in Detail

Education Necessity: To be eligible for the CPA US course program, cadets must meet specific educational requirements, such as the completion of degree certification from an accredited college or university or an equivalent higher-grade certification in the related field.


  • You need 120 accounting credits to sit for the US CPA examination. In India, it equals 16 years of education: “B.Com+M.Com, B.Com+CA, B.Com+MBA, or any mastering degree.”
  • For your license, you need 150 semester hours in a CPA course to be a licensed Certified Public Accountant at the end of the course journey, and you also require a decent amount of work experience (1 to 2 years) in a relevant field under the supervision of a CPA expert.

Note: Many states advise the cadets to have a valid international passport to make a training or business trip around the world.


CPA Syllabus: Course in Detail


A cadet must demonstrate dexterity in various areas of accounting and business to qualify for the CPA US exam. You need to have coursework hours to be a licensed Certified Public Accountant in the accounting market. It covers a vast range of accounting and finance-related subjects under the Certified Public Accountant syllabus part.

  • Financial Accounting and Reporting (FAR)
  • Auditing and Attestation (AUD)
  • Regulation (REG)

A New Model of CPA Syllabus: By AICPA evolution, Business Environment and Concepts (BEC) is being reconstituted with three Core-Plus-Discipline Models, which are listed for your view.

  • Business Analytics and Reporting (BAR)
  • Information Systems and Controls (ISC)
  • Tax Compliance and Planning (TCP)

Candidates can select any one of these three continuation sections to build their specialization and show hiring experts about the expertise part of this US CPA course or program. And here, each exam section of the Certified Public Accountant syllabus mentioned above will test your knowledge and skill in its time allocation.


CPA US Certification: Investment Module


In this module, you will learn about the CPA course fees in different models, from initial registration fees to license application fees, and more about the costs for the whole curriculum here at NorthStar Academy (NSA), Bangalore. Here we mentioned fees and costs as per the current market standards, so they may vary depending on some factors and reasons in the coming years.

  1. CPA Institute Fees: An important step among other steps toward CPA preparation is enrolling in a US CPA course program. Many aspirants opt for reputable providers like the NSA for their extended offline and online interactive classes. The cost of training programs from prestigious institutes includes facilities like placement protection programs, study materials, the LMS dashboard, and more. This investment amounts to around INR 1 lakh in India. Certified Public Accountant course fees begin here at this step.

Note at Step: Investing in a well-structured and good review course is essential for your journey to becoming a Certified Public Accountant. So it’s not just a cost, but an investment to reach your goal.

  1. CPA Evaluation Process Fees: Quite a simpler step before candidates sit for the CPA US exam, they must undergo an evaluation procedure to confirm their eligibility clearance for the CPA US examination. The evaluation agency’s cost per evaluation is around $250 to $270 to ensure the candidates attain the CPA US course requirements through academic and professional levels.

Note at Step: It looks easier, but it is a crucial step to determine whether you meet the educational and professional guidelines of the board to pursue the CPA designation.

  1. CPA Examination Fees: As per the AICPA evaluation, the new CPA exam consists of three core sections and one discipline, plus models for specialization. AUD (Auditing and Attestation), FAR (Financial Accounting and Reporting), REG (Regulation), and one discipline-plus or primary discipline model out of three models: TCP (Tax Compliance and Planning), ISC (Information Systems and Controls), and BAR (Business Analysis and Reporting). As per the AICPA code, the certified public accountant course fees for all four selective sections are around $700 to $800, and if additional international testing is charged, a total of $1320, including four exams.

Note at Step: It is comparatively less here at NorthStar Academy and will be less than $1000 for all four parts, including the international testing step. Moreover, it is not a fixed set of CPA fees, so it varies due to currency exchange rates and other factors.

  1. CPA Application Fees for License: Succeeded cadets pursuing the step for a CPA license in their desired state or jurisdiction are required to apply for the application process. It costs around $175 to evaluate your academic transcripts and essential documentation to obtain a license.

Note at Step: The application process is a significant administrative step for your CPA path. So it’s essential to submit accurate information to ensure the license permit process is smoother.


To Know Things: In the CPA US Course Program


How Harder? CPA Certification Quest results are subjective because, for some, they might be doable and easier compared with other professional enhancement courses. It might change as per your decision on your required things and some of your factors. Here, you are supposed to sit for a total of 16 hours for all the parts of the examination. You need to finish off all four parts in 18 months from your first attempt.  

Career Availability After CPA US Here

A CPA US designation has various options and different paths for accounting professionals and aspirants who are pursuing a CPA program. A licensed Certified Public Accountant (CPA) can get opportunities in entities, businesses, and firms:

  • Providing services like tax, audit, consulting, etc.
  • Litigation backing
  • Globally recognized firms
  • Or provincial firms here

Away from the career path, the lead job opportunities for a Certified Public Accountant (CPA US) are listed below:

  • Controller
  • Financial Manager and Advisory
  • Internal and External Auditor
  • Public Accountant Roles

Salary Expectation! Let us calculate in numbers: the average salary of a skilled and experienced Certified Public Accountant (CPA) US will be around $66,000. Apart from the experience factor, the overall average salary for Certified Public Accountants will be around $60,000 maximum. Despite this, there are other factors to consider besides salary. A few factors that disturb candidates’ salaries are

  • Capacity of the firm
  • Non-Certified Accountants
  • During the work experience period

Note: As per reports analysis, a Certified Public Accountant (CPA) US salary is 15% more than that of a non-CPAs in the current market.

What will be the benefits for Cadets? By attaining the CPA full form

The United States-approved Certified Public Accountant will benefit in precisely the opposite way in both modules, and their differentiated benefits are mentioned below:

  • Increase your salary potential: Now, many firms prefer to hire CPAs because of their expertise and credibility in their field. So they are ready to pay much better than the market-standard range.
  • Respect and Credibility: The US CPA designation is most respected in the accounting and financial space, and it demonstrates a commitment to professionalism to recognize future cadets.
  • Support and Network via Community Members: It made it possible to network with other professionals globally. It directly helps with career advancement in the way of promotions and being eligible for leadership positions in their organizations.


The Best Institute to Explore the CPA US Course in India


NorthStar Academy (NSA) is here for your all-professional course exploration to attain career advancement in your career path in the accounting market. Why NSA? Cause top-class facilities, support, and guidance at NorthStar Academy and under the surveillance of certified CPA cadet and top mentor Mr. M. Irfat sir of NorthStar Academy, Bangalore city. Facilities lists and support modules for your reference to select our service are “Placement protection program or guaranteed placement, approved and updated study materials, the LMS dashboard, online sessions, and webinars with top field experts.” Some more additional comfortability things here are a 24/7 support team, online classes feature, cadet recognition all around India, and a few upcoming things to make your professional advancement journey smoother and easier to be a Certified Public Accountant in India.


Conclusion


It is completely worthwhile for working accounting professionals to advance their careers to a brighter future. It gives you some more disciplines like responsibilities, hard work, punctuality, and more that can also be trained here along with the US CPA course program. NorthStar Academy is here for all the professional course programs and career training ahead for your future.


FAQ (Frequently Asked Questions) About the US CPA Course Details


1. Is it okay to take the CPA US Exam without an accounting degree?

Not all the states, but certain locations like Alaska, Maine, Massachusetts, Georgia, and Hawaii allow aspirants to take the CPA US exam without an accounting degree. However, most states require candidates to hold a bachelor’s degree in accounting or a relevant field to take the CPA US exam, and that will be an advantage too. Permitted specified states still require you to have a definite number of credit points by equivalent valuable certification in accounting.

2. Who Needs a Licensed Certified Public Accountant?

CPAs provide a range of services across various types of firms and organizations. Like public accounting firms, big corporations, and small enterprises. You can also find CPAs working in government sectors and educational groups.

3. What will be the exact duration to become a CPA in India?

Prediction module by yourself to find a complete duration to become a CPA in India. There are three essential requirements: First, you need to have 120 credit points or semester hours of college coursework to sit for the Uniform CPA US exam in India. The CPA exam parts consist of four sections, and you are permitted to attend all of them together. However, you can choose one at a time, or two or three at the same time during the testing window. A testing window refers to the months when the exam board (American Institute of Certified Public Accountants) AICPA offers to allow aspirants to appear for the exams. Months are,

  • January 1 to March 10 (Q1)
  • April 1 to June 10 (Q2)
  • July 1 to September 10 (Q3)
  • October 1 to December 10 (Q3)

The final target is to gain work experience to become a licensed CPA (Certified Public Accountant) in India. Here, it requires you to have 120-150 credit points, succeed in all the parts, and gain the required work experience in a related field to become a Certified Public Accountant on your State Board of Accountants.
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