CPA
CPA (Certified Public Accountant) credential is the only license for accounting professionals in USA and is issued by state boards of accountancy in the 55 jurisdictions to practice auditing and attestation functions. CPA license is the highest standard of competence in accounting profession across the globe. CPA profession offers unlimited possibilities for career growth and development.
Any B. Com graduate can now pursue CPA with our easy-to-do online bridge courses.Three year commerce graduates generally fall short of the required credits for CPA eligibility. FM Academy recommends a list of easy-to-do, affordable online courses to bridge this gap. These courses can be completed alongside your CPA preparation.
CPA FAQs
Most of the jurisdictions would require 120 semester hours of accounting education to be eligible to write CPA exam.
B. Com plus a postgraduation in Finance / Accounting or professional certifications like CA / CS qualify to pursue CPA.
Other graduates will become eligible with our easy-to-do online bridge courses.
Indian students have to get their academic credentials evaluated through NIES (NASBA International Evaluation Services) or FACS (Foreign Academic Credentials Service).
On average, 50% is the pass rate for CPA exam. The passing score is 75 on a 0-99 scale.
Candidates have to pass four sections in any order within 18 months of passing the first section.
Each of the following three core sections is compulsory:
AUD : Auditing & AttestationFAR : Financial Accounting & Reporting
REG : Taxation & Regulation.
Candidates have to choose any one of the following three specializations:
BAR : Business Analysis & Reporting
ISC : Information Systems & Controls
TCP : Tax Compliance & Planning
Yes. Exams can be taken in India at eight Prometric test centers located in Ahmedabad, Bangalore, Calcutta, Chennai, Hyderabad, Mumbai, New Delhi and Thiruvananthapuram.
Candidates can take computer-based CPA exams in all four quarters of the year.
Candidates can choose their convenient date and schedule exams online.
Candidates can retake a failed exam section shortly after receiving their score.
FM Academy coaching would require 100 hours per section. Additionally, candidates would need an equal amount of time for intensive practice using GLEIM software to ensure a pass at the CPA exams.
Cost of evaluation and registration for The CPA exam is approx. Rs. 1.6 lakhs. Additional charge of approx. Rs. 1.7 lakhs is applicable for appearing at testing centres in India.
You may please contact us regarding our coaching fees, including course materials.
Live online classes are customized to the time zone preferences of both overseas
and domestic students.
Recorded classes will be available for later viewing.