A Certified Public Accountant or CPA license is a sought-after credential, covering the accounting industry. However, less than 50% of the accountants have one such certificate under their names. It is because the biggest hurdle to getting a license is to take the CPA exam. As per some of the experts, the cumulative passing rate in 2021 for each one of the four sections of the CPA exam ranged from around 47% to 62%.
Joining the CPA course is the starting point. You need to be associated with both theoretical and practical classes to get the right lessons and pass your final exams.
Why is the exam so hard?
Each section of the chosen CPA exam will focus on a specified area of accounting. It needs the candidates to display a major understanding of every subject area. Some of those sections in question are:
- Auditing and Attestation
- Business Environment and Concepts
- Financial Accounting and Reporting
- Regulation
All the aspiring candidates will receive a space of 18 months to pass all four sections. With such a time crunch and overwhelming content, it is always important to check in with the CPA course fees in India first and then enrol your name into one.
Why opt for prep courses?
The CPA preparation courses will make studying less daunting and more interesting for you. The main purpose of the course modules is to help our candidates in mapping out the exam schedule with target dates and then break materials down into bite-size pieces.
- Furthermore, the courses will offer various modalities to help accommodate multiple learning styles.
- So, whether you are looking for online tutoring, in-person lectures or chat, you can get it all.
- Furthermore, the online US CPA course will deliver MCQ to help students practice and excel in four different CPA sections. They can even enjoy graded practice exams.
The eligibility criteria:
In order to be eligible for CPA, there are some experience requirements and educational backgrounds to be fulfilled by the student out there. The minimum education requirement is that the students must have 120 credits for the CPA exam, and around 150 credits for a CPA license. It means the student needs to be a postgraduate in:
- MBA
- Master of Commerce
- Members of the Company Secretaries in India
- Members of the Institute of Cost and Works Accountants
- Members of the Institute of Chartered Accountants of India
Generally speaking, the CPA certification will need a Bachelor’s Degree in any discipline in English medium and the students must have a minimum aggregate number. In the current Uniform CPA exam, students have to clear 4 different papers to hold the successful CPA certification in hand. The candidates who have scored 75% marks and above will be qualified to sit for the CPA certification exam.
It is indeed necessary to prepare thoroughly before you can sit for the final CPA USA exams. So, for that, help from a reputed educational institution is necessary.
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