Exam ACCA

CPA Review

CPA
By Sanjay Saraf Sir, Disha Kedia, Tanima Guha, Ravi Kedia
5 (5184)

Description

Classes held on weekends – 7 weekends for each subject

Saturday – 6 hours (Core Lectures)

Sunday – 6 hours (Reinforcement Lectures with Q & A)

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What is CPA?

Certified Public Accountant, popularly known as CPA, is the most coveted and prestigious qualification in the field of accounting. The American Institute of Certified Public Accountant (AICPA), the world's largest accounting body administers the CPA examination.

A certified public accountant (CPA) is a title provided tolicensed accounting professionals. Individuals who have passed the Uniform CPA exam and have met the state specific public accounting experience are given the CPA license by the Board of Accountancy of a state of the USA. A CPA license is the accounting profession’s highest standard of competence, a symbol of achievement and assurance of quality.

The CPA designation helps enforce professional standards in the accounting industry. The AICPA defines a CPA as "a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals; whatever those goals – saving for a new home, opening a new office, or planning a multi-billion-dollar merger-CPAs can help."

CPA certification is a professional recognition most beneficial to Chartered Accountant (CA), Company Secretary (CS), Master of Business Administration (MBA), Financial Advisors, Cost and Works Accountancy (CWA), Other Professionals, etc.

To become a licensed Certified Public Accountant (CPA), you must meet the education, examination, and experience requirements. All candidates must pass the Uniform CPA Examination ® (CPA Exam), which comprises four sections:

  • Business Environment and Concepts (BEC),
  • Financial Accounting and Reporting (FAR),
  • Auditing and Attestation (AUD), and
  • Regulation (REG).

While the CPA Exam is the same for all candidates, other requirements may differ by jurisdiction. You should check with your specific Board of Accountancy for details.


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Sanjay Saraf Sir
Author
Sanjay Saraf Sir
Disha Kedia
Author
Disha Kedia
Tanima Guha
Author
Tanima Guha
Ravi Kedia
Author
Ravi Kedia