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AICPA, NASBA propose a new pathway to CPA licensure

By Bryan Strickland

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 about 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, or NASBA.

Criteria for Indian citizens for eligibility for the US CPA exam:

1st Division and a Bachelor’s degree in Commerce from a Grade “A” 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: the ICMAI, ICAI, or ICSI

An M.Com. or MBA degree is plus points

Accounting Credit Score

The basic credit eligibility for the CPA 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.

CPA Exam Pattern

It is essential to have a proper idea about the 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

REG: Regulation

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.

Conclusion

New CPE standards offer more virtual learning

By Daniel Hood

Curious about the CPA eligibility criteria? Join us today as we unravel the requirements for your CPA journey! Discover the global standard as AICPA conducts the CPA certification exams and NASBA's state boards issue CPA licenses. Learn the key to success - candidates must hold a master's degree in business, accounting, or finance to sit for the US CPA exams. 

CPA Exam in India Permanent |Session by AICPA & NASBA | CPA course |How to become US CPA | US CPA

CPA Exam Permanently in India, Session by AICPA & NASBA

 How to Become US CPA 

 About NASBA - The National Association of State Boards of Accountancy (NASBA) is an association dedicated to serving the 55 state boards of accountancy. These are the boards that regulate the accountancy profession in the United States of America. 

ABOUT AICPA - The American Institute of Certified Public Accountants (AICPA) is the national professional organization of Certified Public Accountants (CPAs) in the United States, with more than 418,000 members in 143 countries in business and industry, public practice, government, education, student affiliates and international associates.[4] Founded in 1887, the organization sets ethical standards for the profession and U.S. auditing standards for audits of private companies, non-profit organizations, federal, state and local governments. It also develops and grades the Uniform CPA Examination.

Simandhar Education - Simandhar Education is an initiative driven by Sripal Jain (CA, CPA (USA)) to help professional students to achieve their goals. Simandhar Education ensures quality education to prepare aspirants for success in the professional exam. Simandhar education (Official partner of Becker International USA).

Simandhar Education in alliance with Becker Professional Education, the most acclaimed CPA Review supplier in USA and CMA program supplier in the USA, is putting forth a thorough CPA Review Program and CMA program to prepare aspirants for success in CPA and CMA Exam of USA.

This is your one-stop video for getting accurate information to help speed up the CPA examination process.