CPA is an international standard US program presented by American Institute of Certified Public Accountants (AICPA) in Accountancy, business studies, management and finance.

Who Can Do CPA

Personals in various disciplines of workforce who are serving as;

• Chief Executive Officer
• Directors
• Manager
• Accounts Manager/Finance Manager
• Auditor(Internal/External)
• Executives etc

Pre-Requisites of the Certification

55 US states offering CPA. Every state has its own eligibility criteria for CPA. Credits hours varies as per state rules, duration in between 120-150 hr. 24 credit hours in Accounting and 24 credit hours in business subjects. The eligibility sets on your prior academic records.

However, candidate must possess subsequent qualifications for application:

1. 3 years B.Com/BBA with the following courses;
   • Auditing
   • Taxation
   • Cost/Management Accounting
   • Financial Accounting
2. 4 Years graduation with major in Financial Accounting
3. 3 years graduation in any discipline with Masters (MBA/M.Com) major in Financial Accounting

Course of Study

CPA has four courses;

• Business Environment & Concepts (BEC)
• Auditing & Attestation (AUD)
• Financial Accounting & Reporting (FAR)
• Regulations (REG)

Exam Format

Business Environment & Concepts (BEC)

• Computer Based Examination
• MCQs - 50%, TBS(Task Based Simulations) - 35% & WC(Written Communications - 15%
• 2 Booklets of MCQs of 31 each
• 2 Booklets of task based questions (2 simulations each)
• 1 Test let of 3 Written Communications,
• Total Time allowed for this exam is 4 hours

Auditing & Attestation (AUD)/Financial Accounting & Reporting (FAR)/Regulations(REG)

• Computer Based Examination
• MCQs - 50%, TBS(Task Based Simulations) - 50%
• 2 Booklets of MCQs of 36 each for AUD
• 2 Booklets of MCQs of 33 each for FAR
• 2 Booklets of MCQs of 38 each for REG
• 8 task based questions (simulations) for each AUD/FAR/REG
• Total Time allowed for this exam is 4 hours

Fee Structure

Application Fee $200-220

• Per Subject Exam Fee $195-210
• International Exam Fee $305
• For more information, visit the link http://nasba.org/exams/exam-resources/

NOTE:
Applicants documents must be evaluated from US evaluation service. Our experts also facilitate evaluation service on nominal fee. Eligibility will be guided on the basis of academic credentials.

Exam Supervisions:

Prometric centers for the CPA International Examination are in:

• Dubai
• Abu Dhabi
• Bahrain
• Kuwait
• Japan
• Lebanon

To locate your center visit www.prometric.com/cpa

Study Options

OOn campus – Weekends & Week Days

• One to One – Student & Trainer (Highly interactive & Effective)
• Crash Course – 10 Days for each subject for Executives only
• In House Training – Training at your own location (Company location)
• Self Study Package – Includes Study Materials, Flash Cards & Software

Which Study Materials are Used

Reference for course materials:

• Gleim Original Books
• Gleim Software (On Demand)
• Home Assignments
• Exam Tips & Mock Exams

Course Contents

Business Environment & Concepts (BEC)

• Corporate Governance
• Micro Economics
• Macro Economics
• Globalization
• Financial Risk Management
• Forecasting Analysis
• Corporate Capital Structure
• Working Capital
• Short Term Financing & Capital Budgeting-I
• Capital Budgeting-II & Corporate Performance
• IT Roles, Systems & Processing
• IT Software, Data & Contingency Planning
• IT Networks & Electronic Commerce
• IT Security & Controls
• Strategic Planning & Budgeting Concepts
• Budget Components
• Performance Measurement & Process Management
• Costing Fundamentals
• Costing Techniques
• Costing Systems & Variance Analysis

Auditing & Attestation (AUD)
• Engagement Responsibilities
• Professional Responsibilities
• Planning & Risk Management
• Strategic Planning Issues
• Internal Control Concepts & Information Technology
• Internal Control – Sales Receivables – Cash Receipts Cycle
• Internal Control – Purchases, Payrolls, & other Cycles
• Responses to Assessed Risks
• Internal Control Communications & Reports
• Evidence – Objectives & Nature
• Evidence – The Sales Receivables – Cash Cycles
• Evidence – The Purchases – Payables-Inventory Cycle
• Evidence – Other Assets, Liabilities & Equities
• Evidence – Key Considerations
• Evidence – Sampling
• Reports – Opinions & Disclaimers
• Reports – Other Modifications
• Related Reporting Topics
• Preparation, Compilation, Review and Attestation Engagements
• Governmental Audits

Financial Accounting & Reporting (FAR)
• The Financial Reporting Environment
• Financial Statements
• Income Statement Items
• Financial Statements Disclosure
• Cash & Investments
• Receivables
• Inventories
• Property, Plant, Equipment & Depletable Resources
• Intangible Assets & Other Capitalization Issues
• Payables & Taxes
• Employee Benefits
• Non current Liabilities
• Leases & Contingencies
• Equity
• Business Combinations & Consolidated Financial Reporting
• Derivatives, Hedges & Other Topics
• Statement of Cash Flows
• Governmental Accounting
• Governmental Reporting
• Not-For-Profit Accounting & Reporting

Regulations (REG)
• Ethics & Professional Responsibilities
• CPAs and the Law
• Individual Taxation & Gross Income
• Self-Employment, Farming & Adjustments
• Deductions from AGI, Credits, AMT & Limitations
• Property Transactions
• Corporate Taxable Income
• Corporate Tax Computations
• Corporate Tax Special Topics
• S Corporation
• Partnership & Exempt Organizations & Accounting
• Non Corporate Business Entities
• Corporations
• Agency & Regulations
• Contracts
• Sales & Secures Transactions
• Negotiable Instruments & Documents
• Debtor-Creditor Relationship