Eligibility for US CPA Course 2024
The US CPA is a coveted course in the interesting and exciting field of accounting and finance. Certified by the AICPA and NASBA, the Certified Public Accountant position has piqued the interest of numerous aspirants as it promises a respectable and lucrative career in any part of the world, especially in the US. This blog is worth a read if you are eager to know aboutย eligibility for US CPA in 2024.
CPA Eligibility Criteria in India
The criteria for eligibility for the US CPA exam differ in each state in India. However, some CPA qualification criteria are standard. They include:
Postgraduate professional certification in Finance and Accounting
Graduation in Commerce and Accounting (B.Com, M.Com, BBA, and MBA in Finance)
CMA/CA/CS passed/Intermediate passed
Valid international passport
The 50 states and 5 territories of the US make up 55 boards of accountancy that are under the jurisdiction of the National Association of State Boards of Accountancy, orย NASBA.
Criteria for Indian citizens for eligibility for the US CPA exam:
1st Division and a Bachelorโs degree in Commerce from a Grade โAโ university
The educational institute should be recognized by the National Assessment and Accreditation Council or NAAC
Indian candidates must hold membership in at least one of these bodies: theย ICMAI, ICAI, or ICSI
An M.Com. or MBA degree is plus points
The basic creditย eligibility for the CPAย exam is 120 accounting credits. In India, eligibility for the US CPA requirements is equivalent to 16 years of education. For example, B.Com and MBA, B.Com and CA, or B.Com and M.Com, or any post-graduation along with graduation.
Furthermore, you need to earn 150 credits to gain eligibility for the US CPA license from a state.
It is essential to have a proper idea about theย CPA exam pattern. English is the chosen language for this exam.
The CPA exam has four sections that evaluate the finance and accounting knowledge and skills of candidates.
You need to complete all the sections in three testing windows divided into 18 months with a score of 75% or higher to pass the CPA exam.
You can take up any section whenever you like during any open testing window. These are the four sections of the CPA exam:
FAR: Financial Accounting and Reporting
AUD: Auditing and Attestation
Optional Section: You can choose any one of these three topics:
Business Analysis and Reporting (BAR)
Information Systems and Controls (ICS)
Tax Compliance and Planning (TCP)
Why Choose a Top Online Coaching Center for the US CPA Course?
These are some of the reasons why you should choose a top online coaching centre:
You can chalk out your schedule and study.
You get access to interesting and illuminating lectures, audio, and video programmes, enabling you to grasp any topic, section, or segment in a straightforward manner.
Mentorship gets redefined as there is always support in hand to back up your pain points.
One-to-one discussions, group discussions, quizzes, mock tests, and sample test papers make the knowledge-acquiring process seamless and enjoyable.
So, do not dilly-dally with your career plans any further as time is of the greatest essence. Set your career goals now as a high-flying CPA by choosing a reputedย online coaching instituteย with aย top-notch mentorย at the helm, always present to guide and ensure you succeed in realizing your lofty dreams. As a CPA, you can build a great future for yourself and also serve society at large with integrity and honesty, thereby earning accolades even from posterity.