US CPA course overview
CPA US course is one the most sought accounting qualification across the globe. In India, a CPA US holder is considered as equivalent to the Indian CA. Since US CPA course has worldwide acceptance, its scope is not restricted to one particular country. Hence a US CPA holder has plenty of job opportunities worldwide. The attractive part of the course is that it can be completed in a year. Another, key change is that the bodies involved in smooth conducting of US CPA exams in India, namely, American Institute of CPAs (AICPA), National Association of State Boards of Accountancy (NASBA) have announced to continue CPA exams test centers in India. In this article, we have also mentioned about the US CPA course fee and factors associated with it.
US CPA course eligibility and duration
The students must should have a Bachelor degree in Commerce and Masters with minimum 120 credit points. Further, the students should complete 150 hours of the CPA course semester. Typically its takes nearly 9-12 months to complete the course with exams conducted every month.
US CPA exam syllabus
The US CPA exam in India or US CPA exams has four examinations as following:
1. Regulation (REG)
2. Auditing and Attestation (AUD)
3. Financial Accounting and Reporting (FAR)
4. Business Environment and Concepts (BEC)
The duration of each section of exam is 4 hours (total of 16 hours)
The typical question format consists of the following –
A. Multiple – Choice Questions
B. Task-Based Simulations
C. Written Communication
For more details about US CPA exam in India, click:
Below is the structure of US CPA exam.
1. Regulation (REG)
Topic | Weightage in % |
Professional Responsibilities, Ethics, and Federal Tax Procedures | 10-20 |
Business Law | 10-20 |
Property Transaction Federal Taxation | 12-22 |
Individual Federal Taxation | 15-25 |
Entity Federal Taxation | 28-38 |
2. Auditing and Attestation (AUD)
Topic | Weightage in % |
Professional Responsibilities, Ethics, and General Principles | 15-25 |
Assessing Risk and Developing a Planned Response | 25-35 |
Performing Further Procedures and Obtaining Evidence | 30-40 |
Forming Conclusions and Reporting | 10-20 |
3. Financial Accounting and Reporting (FAR)
Topic | Weightage in % |
Standard-Setting, Conceptual Framework, and Financial Reporting | 25-35 |
Financial Statement Accounts | 30-40 |
Transactions | 20-30 |
Local and State Governments | 5-15 |
4. Business Environment and Concepts (BEC)
Topic | Weightage in % |
Enterprise Risk Management, Internal Controls and Business Processes | 20-30 |
Economic Concepts and Analysis | 15-25 |
Financial Management | 10-20 |
Information Technology | 15-25 |
Operations Management | 15-25 |
US CPA pass rate in India
Candidates appearing for exam is required to score of 75 or more on each section to pass, and each section must be passed within an 18-month window, which begins as soon as the candidate passes the first exam. CPA exam scoring is treated with a high level of importance, due diligence, and attention to accuracy.
The below table depicts the US CPA exam pass rate in last few years. As evident, the pass rate is nearly 51%. This makes CPA qualification a top most certification. To become successful in the exam, candidates needs to follow a systematic study plan and prioritize key sections.
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Section | 2017 | 2018 | 2019 | 2020 |
AUD | 49% | 51% | 51% | 55% |
BEC | 53% | 59% | 60% | 68% |
FAR | 44% | 46% | 46% | 53% |
REG | 47% | 53% | 56% | 64% |
CPA US course fees structure
The US CPA exam fee is generally around USD 1,200 for all four sections. However, that may slightly vary based on number of sections you appear for the exam and also varies state by state. To better plan your US CPA course fee and best approach visit our page and talk to our experts at Uplift Pro.
About the top US CPA training institute in India, Africa, and Middle East – Uplift Pro
Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong backup to young ambitious students and professionals to reach their desired career destinations in an organized way.
Uplift Pro, is an authorized partner of Gleim in India, provides you with authentic Gleim materials, updates and Live Online Interactive Classes for CPA US by internationally experienced veteran mentors. All at an Indian Cost.
Some of our exclusive features include –
A. Affordable US CPA course fees
B. CPA certified veteran TEAM of faculties
C. Live online classes ensuring that the regular office working hours is least impacted. Also, provides class recordings to students.
D. 1:1 personal support from our 30 plus years of experienced CPA certified faculties ensuring that all our students pass the US CPA course
E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass
F. Premium study materials with practice questions bank enabling students to pass the US CPA exam in India and rest of the world
G. Administrative guidance on US CPA evaluation procedure
H. Placement assistance
Request for Live Demo class / contact at +91-8787088850 to book your seats now.