The American Institute of Certified Public Accountants administers the CPA test (AICPA). Aspirants must pass the Uniform CPA Examination® to get this globally recognised qualification. The designation of Chartered Accountant (CA) is comparable to CPA in India. The CPA certification is the highest level of expertise in the field of accounting and is a highly sought-after and adaptable credential for accountants around the world. In this unique blog, you’ll find all of the crucial CPA Exam Details.
To become a CPA-certified professional, you must have the necessary education and experience, preferably with accounting credentials. Every state has its unique set of requirements for the CPA exam, although below are some common ones:
Graduation or an equivalent degree is required.
To become a CPA, you must have 150 semester hours of undergraduate coursework.
1-2 years of experience working for a CPA of any kind
The CPA exam is organised into four sections and lasts four hours. These sections are designed to evaluate candidates’ abilities and knowledge. Within the 18-month testing window, a candidate must complete all portions. During one open testing window, you can work on any section in any sequence. You may take as many examinations as you want during the same testing window, but you may not take the same portion twice. You will not be allowed to retake a section of the exam if you fail it until the next testing window starts.
The CPA exam is divided into three sections, known as testlets: multiple-choice questions, task-based questions, and written communication. Task-based simulations have gained popularity in recent years. Except for the BEC, MCQs and simulations are equally weighted. MCQs account for half of your score, while simulations account for the other half. Under these testlets, the AICPA has additionally separated the grade weightage for each topic/section.
In India, the CPA exam is being offered as a pilot in Ahmedabad, Bangalore, Calcutta, Chennai, Hyderabad, Mumbai, New Delhi, and Trivandrum at Prometric test centres. A career in finance and accounting as a CPA can be tremendously lucrative. Your skill is valued higher than that of a typical accountant, which leads to greater opportunities, payments, and credibility. Make sure to consider the advantages to boost your confidence.
Also Read: Who Is A Certified Public Accountant (CPA)?
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