CPA or the Certified Public Accountants examination is conducted by AICPA (American institute of certified public accountants). Depending upon the candidate’s state of registration in the USA, the certification is issued by that State Board of Accountancy.
For the current academic year, which has commenced from July 2011, the uniform CPA examination is offered in Japan, Bahrain, Kuwait, Lebanon and the United Arab Emirates, apart from 50 states in the USA. Citizens, permanent residents and long-term residents of these and the neighboring countries can take up the exam at these countries.
The academic qualifications for CPA depend on the state where the student registers and it is imperative for the candidate to get his eligibility verified by the NASBA. However, the general eligibility criterion is a CA, CWA, an M.Com degree or an accounts graduate.
Exam format and Performance
The mode of examination will be through the CBT-e (computer based training – Evolution) with a credit-allotment of 75 points (on a scale of 0 – 99).
|Subjects||Multiple Choice questions||Task Based Simulations||Written Communication tasks||Exam Hours|
|Part 1 – Auditing & Attestation||(60%)||(40%)||4|
|Part 2 – Financial Accounting & Reporting||(60%)||(40%)||4|
|Part 3 – Regulation (Law & Taxation)||(60%)||(40%)||3|
|Part 4 – Business Environment & Concepts||(85%)||(15%)||3|
For more details about the examination, visit: