What is CPA?The Certified Public Accountant or CPA is the highest accounting credential one requires to participate in a global accounting forum. The designation is proudly offered by the American Institute of Certified Public Accountants or AICPA, the most prestigious accounting body globally.
CPA Exams- CPA is an on-demand recognition that elite professionals look for and has multiple advantages. CPA designation will get you a license to exercise your accounting knowledge at international shores. Otherwise, after getting a CPA designation, you can put a few more weight to the pay-scale, buy you respect, a niche to stand-out at the job-seekers market and And a 75 percentage from US CPA is a golden ticket for any future accountants to join the Big 4. Let us know, what the CPA exam is all about. CPA Subjects- CPA Scoring-Unlike the CA exams of India which is much more subjective, CPA exams are mostly objective with a fair part of MCQs and case studies. Except for the BEC paper having written communication tasks, with a minimum passing score of 75 in the ‘0- 99’ scale. The passing percentage is 50 which often concerns the students about the possibility of qualifying for the exams. Nevertheless, a correct go-to approach, updated study material, and good mentorship are enough to keep the worries at bay. CPA Eligibility- In order to become a certified CPA, there are few straightforward conditions that you have to fully understand, before writing the exams. Unlike ICAI exams held in India, US CPA exam requires university graduation in finance is a must to fulfill the eligibility criteria. Plus it requires 120 US credit with a graduation degree or equivalence in finance and a decent score to register for the exam. Further to get your own CPA license you have to have to rank-up, your credits 150 by adding 1-2 years of relevant experience. Relevant work experience is also counted under the credit score, hence it is also a mandate. CPA Careers- After you successfully gain your credentials, US CPA will earn you an extra box of chocolate at the corporate jungle. From Big 4 accounting firms to MNCs will be at your grasp, if you want to join as an accountant or a consultant, would be your take. So, buckle-up, as it’s your time to shine as a CPA. |