A CPA is an accountant who has successfully passed the Uniform Certified Public Accountant Examination requirement and has met CPA Course eligibility requirements before being able to carry the designation of CPA. A CPA is one who handles the financial records of businesses as well as individuals whether providing services directly to the public or employed by corporations,
Whereas CPAs operate in various areas of finance including:
- Assurance and Attestation Services
- Corporate Finance
- Corporate Governance
- Estate Planning
- Financial Accounting
- Financial Analysis
- Financial Planning
- Forensic Accounting
- Income Tax
- Management Consulting and Performance Management
- Tax Preparation and Planning
- Venture Capital
The CPA exam requirements haven’t changed much over time.
Here is a summary of the CPA exam requirements 2022 you must meet to sit for it:
- 150 credit hours of accredited education
- A certain minimum number of credit hours in accounting courses
- A certain minimum number of credit hours in other business/related courses
- Bachelor’s degree
The Prometric CPA Exam Format
- The Prometric CPA Exam is divided into four parts:
- Financial Accounting & Reporting (FAR),
- Audit & Attestation, Regulation
- Business Environment & Concepts.
You need a score of at least 75 out of 100 to pass each part.
Most of the questions are in multiple-choice (MC) format, with the rest interactive simulations and essays.
Here are the following steps to Becoming CPA 2022
In order to be ready for the CPA Examination, you will need to be competent in the various subjects that encompass the accounting world. A bachelor’s degree that includes at least 24 semester hours of accounting and 24 semester hours of other business courses is the best way to get ready for this tough examination.
Please go here (NASBA or AICPA) and choose your state or jurisdiction to determine your eligibility.
Submit your application
After confirming your US CPA Course eligibility, you can begin the CPA application procedure. Then you may apply to take the exams by filling out a series of forms (proving you have fulfilled the educational requirements) and by paying the required fees. Please remember that you can’t take the CPA examination in more than one state
Obtain an Authorization to Test (ATT) and (NTS)
You will receive an ATT after the board has approved your application.
NTS is the prior permission required to take the exam. After receiving the NTS, you can plan the time and location for taking the test portions
Prepare well and take the test
The simulation or interactive part of the exam involves researching professional material from sources like the FASB and AICPA
Most students choose dedication to an accredited institution that provides a clear pathway to the passage of a series of tests governed by the American Institute of Certified Public Accountants.
After passing the exams Apply for your CPA permit. After gaining licensure you will also need to take 120 hours of continuing education courses every three years.
Chances are if you’re wondering how to become a CPA, you’re also wondering how your job outlook and salary will be once you enter the profession.
How should You Approach The Exam?
- Create a thorough study plan for the US CPA Course
- Make use of current and appropriate study resources
- Research the test method, requirements, content, and grading system.
- Maintain motivation and confidence throughout the learning process.
- Finally, have faith in yourself.
Institutions offering quality US CPA Course
Find the Top Accounting institute today and start your path to a rewarding career. AKPIS Professionals is an online portal that offers information about top US CPA courses through expert professionals.
Go and get the right way to pass the exam!