If you love accounting and are looking for a course that will give you a thorough knowledge of the field and increase your chances of working as an accountant for businesses and individuals, then the Certified Public Accountant (CPA) certification is perfect for you. In this article, we will talk about the CPA course in detail and make sure that you have enough information about the course, and also a clear idea about whether you should choose this course or not.
Certified Public Accountant (CPA) Course Overview
Certified Public Accountant (CPA) is a certification program offered by the American Institute of Certified Public Accountants (AICPA). After obtaining the certification, you can easily apply for jobs that require accounting certification and require extensive knowledge in this field. This is a good option for students who have taken CA courses and want to add an additional degree to their resume.
The CPA certificate is not only popular with accounting students, but also with companies that hire first-year accounting students. The CPA is very useful in public accounting, non-profit organizations, and many public and private businesses. So, if you want a perfect career, CPA certification will be a good option for you.
To become certified, you must pass an exam (score on a scale of 0 to 99). If you do, you will obtain your CPA certification, which will undoubtedly help you find better career opportunities.
Certified Public Accountant (CPA) Course: Eligibility and other information
For the CPA, the candidate must have a bachelor’s degree. You can choose to become certified after earning a CA or other degree in accounting. If you have a bachelor’s degree, it means that you are reasonably familiar with the basic topics and concepts of accounting. This will help you get good grades on your report card.
So apply for certification after you graduate. You can also apply for a certificate while you are working. To obtain a CPA license, candidates must complete 150 semester hours of education to develop their knowledge and work ethic in this field.
Certified Public Accountant (CPA) Course: Training programme
The CPA is a very well designed certification course. To keep things simple, the AICPA has divided the course into four categories. These documents/topics must be completed within 18 months to obtain the CPA certificate. This gives you enough time to complete your exams to your potential. Paper
- Audit and certification
- Business environment and concepts
- Accounting and financial reporting
- Regulation
These are the four elements/documents of the CPA certificate that you must validate to be certified. So plan accordingly and get certified as soon as possible. CPAs are recognized worldwide, and you can easily expand your career opportunities by passing the exam.
Certified Public Accountant (CPA) Course: Universities/Institutes
CPA is an online certification program, and therefore it is difficult to find an institute to take this course. However, if you have ever taken an undergraduate course, you will find these papers not too difficult to understand. In addition, there are several online course materials and institutes that will provide you with sufficient knowledge about the documents and the basic concepts associated with them.
Some of the reliable sources of information on APA documents are the following.
- Milescpareview
- Education in Chugun
- Cpachamps
In addition, there are several online communities that can help you learn more about certifications and current notes on these topics.
Certified Public Accountant (CPA) Course: Compensation structure
Another important consideration when choosing an online certification is the payment structure. To register for the exam, you must pay a $140 registration fee. The paper costs are then listed as follows
- Examination and certification : $187
- Business environment and concepts : $140
- Accounting and financial reporting : $175
- Regulations: $152
For the exact fees and other details about the fee structure, we recommend you to visit the online website or the official CPA training centers. So you can get the exact details of the certification fees.
If you register for a course at a learning centre, you will also have to pay an additional fee to the institute. This may vary depending on the reputation of the institute and the other facilities it offers.
Certified Public Accountant (CPA) Course: Research scheme
Since the CPA is an online certification, it is very important to know the exact exam pattern of the past years. In general, all papers are of different length and contain a different number of questions in addition to the types. So here’s a quick guide to the CPA exams available. Go through it and plan each examination accordingly.
- Audit and certification: 4 hours – 90 questions + 7 task simulations
- Business environment and concepts: 3 hours, 72 questions+3 communication tasks
- Accounting and financial reporting: 4 hours, 90 questions + simulations based on 7 tasks
- Rules: 3 hours, 72 questions+6 task simulations
This was a brief overview of the current CPA exam model. However, we encourage you to consult the AICPA website for the latest examples and other details about certificates.
Certified Public Accountant (CPA) Course: Career opportunities
From a professional standpoint, the CPA certification is an excellent choice. Although you can apply to leading companies across the country after completing your accounting degree, the CPA gives you an excellent understanding of the international rules and regulations that qualify you to work abroad. The CPA is recognized worldwide and offers students an excellent opportunity to learn and work in a new environment.
Also, if you are looking for better job opportunities in India, the CPA can help you get an excellent job profile in private and public companies. Below are general descriptions of jobs you can apply for after becoming a CPA. Take a look at them, and then choose the one that suits you best.
- Assistant bookkeeper
- Accounts Payable Clerk
- Accountant
- Director Trainee
In addition to these job descriptions, there are several areas in which ABC professionals are hired. Someone with a CPA degree typically earns 50-70% more than the average graduate accountant. So, if you are looking for a better salary and a secure future, you should try the CPA certification. After certification, you can easily earn up to 9 lakh per year depending on your skills. So if you are new and looking for a better job and recognition, the CPA is the certification for you.
Certified Public Accountant (CPA) Course: Should you vote?
Now the big question is: if you already have a good income and have a CA degree, should you choose a CPA? We will propose, YES. CPAs are a great way to explore core CA topics and gain a global perspective. And even if you don’t plan to go abroad professionally, a CPA can help you gain a lot of recognition in the professional community. If you work in an accounting firm, only a CPA can help you get a good salary and job profile. So, if you want to be well represented and better recognized by the community, a CPA certification is the easiest and most reliable way to do that.
Just make sure you have enough knowledge in this field and use good study material for the course. You can also check out the online CPA certification tests to get a better score on all four tests. With the right commitment and certification, you can easily earn more as a CA or accounting assistant.
Conclusion
In general, if you are an accounting student who wants to increase his income and presence, the CPA certificate can easily help you do that. The course is intelligently structured and each assignment allows you to learn something new about accounting. Therefore, whether you are working or just graduated, we recommend that you take the CPA exam as soon as possible and try to get a perfect score on all sections. Trust us, this is the kind of certification that can help you take your career to the next level. Not only will you be able to make a better living after completing the course, but you will also benefit from even more interesting career opportunities with top companies in the public and private sectors.
Apart from working in India as an accounting assistant, you can also look for jobs abroad where CPA certifications are required. Not only will it help you feel more comfortable on the field, but it will also give you better opportunities both nationally and internationally.
frequently asked questions
What is the cost of a CPA course in Indian rupees?
The total cost of the CPA USA in India, including the cost of the exam, ranges from Rs 3.75 lakhs to Rs 4 lakhs, as the CPA exam is not currently administered in India and one has to travel to Dubai or the US to take the exam, thus increasing the cost of accommodation and travel.
What is the right to an ABP?
The basic requirement for American Certified Public Accountants is to obtain 150 accounting credits from academic institutions. In India, this equates to 16 years of study, such as B.com + M.com, B.com + CA, B.com + MBA, or post-graduation is required after graduation.
What is the cost of the APC exam?
APA Examination and Certification (AUD): $356.55. Business environment and concepts (BEK) : $356.55. Accounting and Financial Reporting (FAR) : $356.55. Regulation (EC) : $356.55.