CPA USA: How Indian College students can pursue American CPA

Identical to Chartered Accountants (CA’s) are granted a license to observe the career of Accountancy & Taxation in India, equally Licensed Public Accountants (CPA) are granted the license to observe in US. In some nations, these certified accountants are referred to as Chartered Accountants (CA’s) and in some nations these are referred to as as Licensed Public Accountants.

This Accounting qualification is known as Licensed Public Accountant within the US and to change into a CPA, a Candidate is required to meet the 3E’s i.e.

  1. Schooling
  2. Examination
  3. Expertise

To change into a Licensed Public Accountant, a candidate has to efficiently clear all of the exams performed by the American Institute of Licensed Public Accountants (AICPA). It is a uniform examination performed by the AICPA and is similar throughout all of the 55 states within the US.

CPA Examination Eligibility

The eligibility requirement and the expertise required to change into a Licensed Public Accountant varies from state to state and completely different states have mandated completely different eligibility necessities as decided by their respective state boards of accountancy. All these 55 states are members of the NASBA (Nationwide Affiliation of State Boards of Accountancy).

Because the minimal schooling and expertise requirement are set by the States, a CPA USA License is barely legitimate for the state from the place it has been taken and never for the entire USA. Nonetheless, a CPA holder can observe in a distinct state as effectively offered he meets the eligibility norms of that state.

The next video offers helpful info on the best way to change into a Licensed Public Accountant:-

The Examination for turning into a Licensed Public Accountant is a web based pc based mostly examination held at greater than 400 prometric centres throughout the US. The Examination is performed twice each quarter. These months through which the testing is on the market are referred to as “Testing Home windows”. The testing schedule is as follows:-

Testing is Out there Not Out there
January & February March
April & Might June
July & August September
October & November December

US CPA Examination Course

The US CPA Examination is a uniform examination and is similar in all of the states. It consists of 4 sections and every part focuses on understanding of basic rules and the best way to apply them in actual life.

The 4 topics are:-

S. No.

Topic Max Time Allotted


Auditing and Attestation (AUD) 4.5 Hours


Enterprise Atmosphere and Ideas (BEC) 4 hours


Monetary Accounting and Reporting (FAR) 3 hours


Regulation (REG) 2.5 hours

Every examination contains of A number of Selection Questions (approx 60%) and Simulations (approx 40%). In the course of the examination, candidates might take a break after finishing a “testlet” (both a set of a number of selection questions or a simulation). As soon as a testlet is accomplished, nevertheless, the candidate just isn’t allowed to return to it, so it isn’t doable to make use of the “break time” to enhance one’s rating by trying up solutions. The clock continues to run throughout breaks.

The Outcomes are declared on a numeric scale of 0-99 and Candidates scoring a minimal of 75% Marks are declared as handed. An in depth information on How scoring is completed within the CPA Exams could be downloaded from this hyperlink.

Pursuing CPA US from India

Though the exams are performed on-line on the prometric centres, these exams are solely performed in just a few specified nations. In contrast to CFA & CIA whereby Indian college students can seem for exams from India itself, Indian college students eager about pursuing CPA from USA can not seem for such exams from India itself as their is not any prometric centre for CPA Examination in India.

Earlier Indians had been solely allowed to look for CPA Examination from the examination centres within the US solely. Nonetheless, with an rising no. of scholars from India choosing the CPA US Examination, the American Institute of CPA’s (AICPA) has allowed Indians to look for the CPA US Examination from their prometric centres within the Center East area.

This alteration has come into place from 1st October 2014 and now the Indian college students can seem for CPA Examination from any of the prometric centres situated within the Center east area i.e. from any of the prometric centres in Bahrain, Kuwait, Lebanon & United Arab Emirates. (Official Press Launch)

Though the associated fee incurred of pursuing this course from the US is increased than the associated fee incurred in pursuing CA from India, a candidate can full CPA course in a a lot lesser time. It usually takes 7-12 months in finishing the CPA Course whereas it takes a minimal of three years to finish CA.

Candidates who’ve cleared each CPA & CA have revealed that clearing CPA is way simpler than clearing CA. Not solely is that this Course simpler than the Indian CA Course however the presence of fine teaching facilities which are actually current in India for this course has additionally result in Indians scoring good marks within the CPA Exams.

Of all of the College students who seem for the US CPA Examination from throughout the Globe, roughly 50% are in a position to clear these exams. (Refer: CPA Examination Move Proportion)

CPA Teaching in India

A number of years again, there weren’t many good CPA Teaching Institutes in India on account of which many candidates used to journey to the US for taking the teaching as effectively.

Aside from the effectively established Indian Teaching Facilities who present teaching for this course, many established US Teaching Facilities have additionally now opened their franchises in India and supply good high quality examine materials. Now college students can pursue all necessities from India and are solely required to go to the US to look for the Exams.

These Teaching Facilities not solely present coaching but additionally information on different associated issues like from which state within the US ought to Indians seem for the exams, the best way to fulfill the eligibility standards and so forth. Names of some fashionable teaching facilities for CPA Teaching are shared under:-

  • Beckers
  • Miles CPA Assessment
  • Concorde-CPA
  • Edupristine
  • IPFC

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