Thursday, September 16, 2021

India's Best Institute for US CPA Courses

If you are looking for the best CPA review materials and couldn't find them anywhere, don't worry, your search ends here. This post will cover everything you need to know about CPA course and how to crack the same in your first attempt. From CPA introduction to best-in-class exam study materials, hot exam topics to bite-sized lessons, we have covered everything in this post.

 

KEY TAKEAWAYS

  1. A U.S. Certified Public Accountant (US CPA) should meet the qualification, practice, experience, and examination requirements — including having a bachelor’s degree in any profession including business administration, finance, or accounting and completing 150 credits of education.
  2. Other specifications for the US CPA designation include having two and more years of public accounting experience and passing all four sections of the US CPA exam.
  3. Global career scope for US CPA - CPAs are demanded in MNCs, Big4s, small businesses, large businesses, and everywhere.

 

If you want to experience more about US CPA, benefits, and career scope, read this post below to get a clear point of view for CPA preparation. So, once, you are thorough with the US CPA and its exam structure, curriculum, you can pick the best CPA review materials for intensive practice which can act as a supplementary to your overall US CPA exam preparation.

 

What US CPA actually is?

A US-certified public accountant (CPA) is the highest accounting credential or designation provided to licensed accounting experts. The US CPA license is granted by the Board of Accountancy for each state. The American Institute of Certified Public Accountants (AICPA) gives resources on getting the CPA license. The US CPA designation benefits and strengthen professional standards in the accounting and finance industry. Other nations also have certifications similar to the US CPA designation, prominently, the chartered accountant (CA) designation in India.

Global Opportunities for US CPAs in India

Seeking a US CPA career and passing the US CPA Exam is well worth the designation, time, and effort, particularly after spending the time and money to obtain an accounting degree. With so many various boulevards for career opportunities after passing the US CPA exams in India, accounting professions are not just only lucrative but can also be individually rewarding.

  • Internal Audit Director
  • Tax Manager
  • Vice President, Finance
  • Financial Controller
  • Senior Financial Analyst
  • Risk and Compliance Officer
  • Personal Financial Advisor
  • Finance Director
  • Corporate Controller

 

The best-in-class US CPA Review Materials

KC GlobEd in partnership with the Surgent CPA review course provides the best CPA review material that helps candidates pass the CPA exam in just one go.

Tuesday, August 31, 2021

A Comprehensive and Unbiased Evaluation of Surgent CPA Review

 Through this article we aim to provide a comprehensive and unbiased evaluation of the Surgent CPA Review course to our readers.

Surgent is a proud recipient of the Silver Stevie Award by American Business Awards and named Accounting Today’s Top New Product.

It is the only fully customized study program that includes access that doesn’t expire, and a pass guarantee with every course. It has flexible payment plan options as well. Studying with Surgent means less stress for candidates and a faster path to passing the CPA Exam.

Surgent CPA Review is unlike any other exam review in the market. Other courses tell students to read every textbook, watch every video, and do every MCQ. But Surgent doesn’t ask one to study everything from top to toe, that's because it’s probably not required.

So,the question that arises is how do you know what you should study and what you can skip?

Well, that's where Surgent’s proprietary adaptive learning platform, A.S.A.P. Technology comes in into play.

Surgent CPA Review is the only course that will help candidates in:

  • Focusing on weak areas—and turn them into their strengths.
  • Significantly reducing study time—most students spend about half the time they would with other review courses.
  • Know when they’re ready to pass.

How the A.S.A.P Technology helps in studying less and passing faster:

The A.S.A.P. Technology figures out what one knows and what they don't knowand accordingly customizesthe study plan to matchtheir preparation level.The plan continues to adapt as and when the candidate studies further ahead, saving time while preparing them better. All along, they’ll know exactly how exam-ready they are. This is possible only with the help of the Ready SCORE™, which tells whenone’s ready to pass.

Each Surgent CPA Review study option is an integrated and guided course that presents video lectures, proprietary textbooks, study notes, practice questions, study plans and flashcards all in one platform.

One can take the self-study course anywhere, at any time of the year, and at their own pace. Each Surgent CPA Review course option comes with unlimited access, along with Surgent CPA free trial for aspirants to try before they purchase.

The online course contains 350 video lectures that one can watch on computer or on compatible mobile devices. Every Surgent CPA Review course comes with e-books and lecture study notes for all 4 CPA Exam sections. Surgent has its own publication of textbooks that are aligned  fully with the CPA Exam Blueprints. All of Surgent’s course offerings come with over 7,700 multiple-choice questions (MCQs) and 400+ task-based simulations (TBSs). 

Answering plenty of practice questions is a great way to gauge and deepen understanding. And Surgent’s MCQs truly enable to take these strides by including high-quality reference materials within the practice questions. For each question one answers, they have super convenient access to important resources such as explanations, video links, relevant terms, references, and authoritative texts. Therefore, one need not move on from a practice question until you really understand the concepts behind it.

Surgent also offer Personalized Study Plans-When one beginsusing the Surgent software, they must enter the desired exam date and the days on which they preferto study. The software will then use this information to calculate how many hours will be needed to study on each of the available days in order to finish their review by their chosen exam date.

In addition, Surgent also offer Flashcards which include a complete set of spiral-bound printed flashcards for all 4 exam sections. With 250 flashcards for AUD, 250 for BEC, 300 for FAR, and 250 for REG, these flashcards feature over 1,000 terms and definitions. Furthermore, Surgent updates them quarterly so that the users get the most current set no matter what time of year.

Lastly, Surgent has published a pass rate of 88%. So basically, this means that 88% of their users have reported that they passed the CPA Exam while they studied using the software. This evidently shows that Surgent has a high market value and is a guarantee for money for students who invest to prepare for US CPA EXAM through it.

 

Surgent CPA Review is one of the only CPA reviewcourse tailored specifically to one’s strengths and weaknesses. Consequently, Surgent’s adaptive technology can save up to 400+ hours of studying.

It is also the only course to provide indicator called ReadySCORE that accurately predicts (within 4 points, on average) your actual CPA Exam score.

Surgent CPA’s lectures are taught by dedicated professors. They teach you what you need to know so you can pass.

Sunday, July 25, 2021

Choose the Best CPA Classes in India

Accountancy is also popularly known as the language of business as it involves interpreting and communicating information about a company's finances. The US CPA designation is earned only through education and relevant experience which is possible only through mentoring received by the best CPA classes in India. Spread across in 4 exams, namely-

  • AUD- Auditing and Attestation
  • FAR-Business Environment and Concepts
  • REG-Financial Accounting and Reporting
  • BEC- Regulation

 

CPA’s curriculum uses some of the most advanced testing techniques to evaluate aspirants.  The exams are computer-based, consisting of Multiple Choice Questions, Task-Based Simulations, and Written Communication Tasks. Since preparation for CPA requires rigorous and regular practice to perform well in the CPA exams which is possible only by deciding to the best CPA classes in India out of the rest CPA Classes.

 

It is of paramount importance to choose the right CPA Training institute which supplements one’s hard work and preparation towards the CPA exam.

The Surgent CPA Review envisions the preparation in an effective and stipulated time period. It has world-class features to not miss having a glance at:

 

Adaptive Learning Technology: Surgent is the proprietor of A.S.A.P Technology tailored to make the CPA Exam study path specifically to individual strengths and weaknesses. It also provides exam readiness by providing a mock exam and running an algorithm that provides a ReadyScore which is 99% accurate of what one can expect at the US CPA exam.

 

Study Material: Each individual has its style of studying. Surgent provides a conducive environment to that style providing physical handbooks, self-study, and an audio course. The software also consists of several mock tests and quizzes.

 

Instructor’s Support: Surgent’s Learning Management Software comprises 350+ videos of trained professors in bite-size to ease the preparation of topics. The lead instructors themselves are industry experts and award-winning recipients creating an effective learning environment. This is your one-stop-shop for the best CPA Classes in India.

 

High rate of Pass Percentage: Surgent has a pass rate of 88% guaranteeing students to pass the exam in one go.

 

Time-saving: With its ability of early detection of weaker areas in a candidate’s preparation. Surgent helps in reducing the average study time making one study relatively smart and exam-ready.

 

Therefore, the CPA classes of any good institute should be tuned in such a way that they do justice and prepare the candidates to gel well with the contents and enhance the skills to surpass the exam in one go.

 

With us, the class curriculum is curated in such a manner that offers a vibrant learning environment that values the time and effort of each CPA seeker and elevates their learning and knowledge to cope with the global requirements of the coveted by US CPA designation because our value is measured by the success of our students.

Monday, July 19, 2021

CPA Exam Study Guide, Cpa Exam Study Materials

Prepare to a become US CPA

During these unprecedented times of the global pandemic which is affecting lives worldwide and greying the professional loop. Let not your career dreams slow down with the economic situation. Upskill and move ahead with US CPA EXAM NOW IN INDIA creating new avenues of work opportunities in the prevailing conditions.

 

Initiate your CPA journey with the best CPA Exam Guide for you

As businesses across the countries are making critical operational decisions because of closures and other adjustments, they’re turning to CPAs to help guide them with forecasting, cash flow analysis, revenue, and more.

 

After a successful pilot testing of the US CPA exam in India during 2020, the American Institute of Certified Public Accountants (AICPA) and the National Association of State Boards of Accountancy (NASBA) have decided to switch to continuous CPA Exam testing in India from January 1, 2021.

 

The AICPA administers the CPA exam and to become a licensed US CPA, a candidate must pass all 4 sections of the CPA exam within 18 months and score a minimum of 75 in each section. The duration of each exam is 4 hours with 15 minutes of break.

 

The 4 CPA exam sections are namely-

Auditing and Attestation (AUD): The Audit and attestation (AUD) section of the Uniform CPA Examination revolves around the auditing standards and procedures. This section covers the knowledge and skills required when performing the audits and attestation engagements for issuer and non-issuer entities, preparation, compilation, and review engagements for non-issuer entities, and reviews of interim financial information for issuer entities. With the new updates infused into the curriculum.

Content Areas

  • Ethics, Professional Responsibilities, and General Principles
  • Assessing Risk and Developing a Planned Response
  • Performing Further Procedures and Obtaining Evidence
  • Forming Conclusions and Reporting

The Audit and Attestation (AUD) section consists of:

  • 50% Multiple Choice Questions (MCQs)
  • 50% of Task-Based Simulations.

 

Financial Accounting and Reporting (FAR): The Financial Accounting and Reporting (FAR) section of the Uniform CPA Examination assesses the knowledge and skills that a newly licensed CPA must demonstrate in the financial accounting and reporting frameworks used by business entities (public and non-public), not-for-profit entities, and state and local government entities.

 

Content Areas

  • Conceptual Framework, Standard-Setting, and Financial Reporting
  • Select Financial Statement Accounts
  • Select Transactions
  • State and Local Governments

The Financial Accounting and Reporting (FAR) consists of:

  • 50% Multiple Choice Questions (MCQs)
  • 50% of Task-Based Simulations

 

Business Environment and Concepts (BEC): The Business Environment and Concepts (BEC) section of the Uniform CPA Examination tests knowledge and skills that a newly licensed CPA must demonstrate when performing audit attest, accounting and review services, financial reporting, tax preparation, and other professional responsibilities in their role as certified public accountants. This Exam parts has witnessed a humongous change in the curriculum, here is where you need to decide to choose the best CPA Exam study guide for your successful CPA journey.

Content Areas

  • Corporate Governance
  • Economic Concepts and Analysis
  • Financial Management
  • Information Technology
  • Operations Management

The Business Environment and Concepts (BEC) section consists of:

  • 50% Multiple Choice Questions (MCQs).
  • 35% of Task-Based Simulations.
  • 15 % Written Communication (WCT).

 

Regulation (REG): The Regulation (REG) section of the Uniform CPA Examination (the Exam) tests the knowledge and skills that a newly licensed CPA must demonstrate concerning US federal taxation, US ethics, and professional responsibilities related to tax practice, and US business law.

Content Area

  • Ethics, Professional Responsibilities, and Federal Tax Procedures
  • Business Law
  • Federal Taxation of Property Transactions
  • Federal Taxation of Individuals
  • Federal Taxation of Entities

The Regulation (REG) section consists

  • 50% Multiple Choice Questions (MCQs)
  • 50% of Task-Based Simulations.

 

The US CPA Exam is a test of discipline

A systematic and disciplined approach is mandatory to undertake the US CPA Exam. Planning and scheduling will surely leave you some wiggle opportunities for social activities, but it is essential to devote most of your time towards preparation.

 

Creating the Perfect Study Plan

Whether an aspirant is working or just preparing for the US CPA exam, one should ask their provider to create the best exam study plan schedule so that they can easily balance their career and family.

If one is working and wants to prepare for the CPA exam, an instructor could be a great alternative to help in covering the areas which are usually left by the aspirant in the working profession. As an example, for the internal auditor, the auditing test will look relatable to the problems of everyday work.

While one might be a leader in audit, they but may face struggle with remembering tax concepts. And this is where an instructor will help turn those weaknesses into strengths so a US CPA license is within reach.

Many aspirants make the mistake of saying that - "They will study after work or" or “They will get it done on the weekend” procrastination is not the correct approach. One must list out all of their daily activities and stick to the schedule. Being consistent & diligent is the key to successfully preparing for the US CPA Exam.

 

Prepare for your Exam-Study the Exam Blueprint and use all available Exam resources and study tools to prepare with the help of our live classes and Surgent’s adaptive learning software which is tailored-made, suitably fit in to cater to individual needs of learning.

  • Take your Exam-Pass all four Exam sections within 18 months (score a minimum of 75 on each section)
  • Testing Availability: Testing is available year-round, and scores are released on a rolling basis.
  • Apply for your license - Generally one must have 150 credit hours of education with a concentration in accounting. This includes a minimum of one year of experience (approximately 2,000 hours) verified by a licensed CPA. Experience can include accounting, attest, auditing or tax.

 

Pass the US CPA Exam faster than anyone

As we’ve upgraded the preparation strategy of how aspirants prepare for the US CPA Exam. With Surgent's AI technology-based program and software, you’ll master difficult accounting exam topics on a more profound level so that you can truly understand the CPA Exam Study Materials, ensuring you surpass, not just on the US CPA exam, but exceeding your career with the gained wide knowledge and experience.

So, what are you waiting for? Are you ready? Engage in your study and master the subject concepts with proven studying methods that are revolutionizing US CPA Exam preparation. Hope the above-cited information will help plan for your CPA journey in India.

Tuesday, July 13, 2021

Choose a Designation to reach the Pinnacle of Glory in your Career with US CPA

One of the highest credential professional designation in the accounting and financial industry is the Certified Public Accountant (CPAs) of the United States of America. A US Certified Public Accountant is a certification offered by the American Institute of Certified Public Accountants (AICPA), to build competency in the field of Accountancy. A CPA is considered a trusted financial advisor who helps individuals, businesses, and other organizations reach their financial goals.

A US CPA certification is a professional recognition largely beneficial for all Commerce Graduates, CA, CS, MBA, and Financial Advisors and semi-qualified as well. Many finances and accounting professionals also pursue CPA courses to gain career ascent, by fulfilling three criteria of Education, Exam, and Experience.

 

Educational Eligibility

To pursue US CPA certification, the candidate must possess a Post Graduate degree; preferably from the Commerce stream i.e. M.COM, MBA Finance, and PG Diploma, etc.

 There are some states that accept B.Com with CA from ICAI as well. However, the exact criteria for the same vary from state to state in the United States of America where a candidate would like to enroll.

 

The Uniform US CPA Exam

The CPA exam is considered to be the highest bar in its own right. The CPA Exam is administrated by the American Institute of Certified Public Accountants (AICPA) - the governing body of CPAs in the United States of America which is the largest member association of accountants in the world.

The 16-hour computer-based exam consists of MCQs, task-based simulations, and written communications to assess a candidate’s skill and knowledge to gain the coveted designation of CPA through the following four papers:

  • Auditing and Attestation (AUD)
  • Financial Accounting and Reporting (FAR)
  • Regulation (REG)
  • Business Environment and Concepts (BEC)

A candidate is required to pass all 4 parts of the exam within an 18-month passing rolling window.

 

Experience Requirement

In order to earn the US CPA license, a candidate must complete 150 hours of study followed by 1-2 years of work experience focussing on accounting, auditing, or finance under an experienced CPA that many states require.

To earn the US CPA designation, aspirants must pass all four sections of the CPA exam, gain appropriate work experience, expertise, and meet some supplementary educational requirements like an online Ethics exam for some states.

 

US CPA cost in India

Historically, a US CPA aspirant had to bear additional expenses of traveling and accommodation, since the US CPA exams were held in the US and Dubai only earlier than the year 2020. But, now the exam testing has continuously started in INDIA which is indeed a relief for all the US CPA aspirants as they can save on a lot of expenses as well.

The 8 Prometric Centres across India are:

  • Delhi
  • Hyderabad
  • Trivandrum
  • Mumbai
  • Bangalore
  • Chennai
  • Ahmedabad
  • Kolkata

 

CPA Course Fees in India

It starts with the evaluation of credentials fee which is approximately USD 225 paid to NASBA International Evaluation Services. This evaluation stays in place for future references. Pertinent to note is that this fee is not recurring in nature until a candidate acquires a professional certification post the evaluation which is required for licensure purposes.

 

Next follows, a one-time registration fee with the chosen state board of accountancy that is USD 100.

 

The exam testing fee is approximately USD 565 per exam.

 

These are CPA Course Fees in India to be paid for the testing. The above-mentioned costs are only the base cost excluding training material and Learning Management Software.

 

Gain the reigns of financial fortresses in the global financial world with us by choosing the right partner for your US CPA journey. A pioneer institute in mentoring and guiding aspirants by providing live coaching classes through passionate and deeply knowledgeable instructors.

Monday, July 12, 2021

The Empowering 4 Factors for US CPA Licensure

The CPA certification is a highly diverse and versatile credential for accountants. A US Certified Public Accountant is a popular and globally acclaimed designation, which is offered by the American Institute of Certified Public Accountants (AICPA) after an individual clears the Uniform CPA Examination.

A 4 Step Guide towards becoming a Licensed CPA Educational Eligibility
Requirement of 150 credit hours to qualify for a US CPA License; the 150 credit hours are equivalent to 5 years of higher education. It can be accumulated in different ways:
  • 4 years of bachelor + 1 year of master's degree, typically in accounting.
  • 4 years of bachelor with an accelerated program covering 150 credit hours.
  • An Undergraduate Degree gives 120 credit hours and the rest 30 hours gap is filled by the following degree-ing it up.
  • One can opt for a bridge course of one year focusing on Accounting, finance, tax, or business law.
  • An MBA (Masters of Business Administration) is another graduate-level degree that can get you to the150 hour mark.
  • A B.com + CA/CS is also eligible to take the US CPA license.
Exams - Pass the AICPA Uniform CPA exam
To become a licensed US Certified Public Accountant (CPA), you must meet the education and examination requirements. All candidates must pass the Uniform CPA Examination which comprises four sections:
  • Auditing and Attestation (AUD)
  • Business Environment and Concepts (BEC)
  • Financial Accounting and Reporting (FAR)
  • Regulation (REG)
Criteria for the exam is as follow-
  • 18 months to pass all four CPA Exam sections with a minimum score of 75 on each paper.
  • As the exam is administered throughout the year, it gives you the flexibility to choose the exam window.
  • Check score release dates to find out when one can expect to receive a score after testing. Ideally, the scorecard is released in one month.
  • After passing all four sections, verify whether your jurisdiction requires a separate Ethics examination before applying for your US CPA license.
  • An essential and very important point to adhere to is that the US CPA license must be taken within 3 years of passing the exam. It also requires earning a certain amount of CPE hours once you have obtained your US CPA License.
  • Experience- 1 year of work experience is mandatory however, it can differ according to different state boards.
Ethics- Online on-demand exam (required by some state boards of accountancy) many boards also accept the AICPA’s comprehensive ethics course your specific state Board of Accountancy will specify where else you can fulfill this public accountancy requirement.

Apply for a US CPA license
When applying for a license, verify that you have the required college credit hours. Generally, you must have 150 with a concentration in accounting.

This includes 30 hours in accounting subjects and 24 hours in business administration subjects.
  • A minimum of 15 hours must be at the graduate level.
  • As for the experience, all candidates for licensure must have a minimum of one year of experience (approximately 2,000 hours) verified by a licensed US CPA only.
Your experience should include work in accounting, attestation, auditing, or taxation. It’s important to check the specific experience requirements with state jurisdiction through which one chooses to apply.

The first step in pursuing this career goal is to ace the US CPA exam. If you haven’t already started studying for it, you will need to pick out a tailored-made CPA review course that fits your learning style and is compatible with your routine. Choose our live classes to help you ease your CPA preparation while you focus on studying, we help you in your administrative work combined with Surgent’s A.S.A.P technology which makes learning smarter in relatively lesser time with a pass percentage of 88%.

Monday, July 5, 2021

Test Your Knowledge with CPA Exam Test Questions

One of the most important parts of any CPA Review test preparation is to take a CPA Exam Test Questions. Being able to obtain vulnerability to the tools and features of the CPA exam will help mitigate exam anxiousness.

With the best CPA review course, aspirants can “experience” the exam before exam day. The surgent review course is set up just like the actual US CPA Exam that provides aspirants with the experience to what it feels like to take a high-stakes exam, like the real one.

What’s Inside the US CPA Exam?
The US CPA Exam is composed of four sections including Auditing and Attestation (AUD), Financial Accounting and Reporting (FAR), Regulation (REG), and Business Environment and Concepts (BEC). Each exam section is made up of multiple-choice questions (MCQs) and task-based simulations (SIMs), except BEC which also involves three written communication tasks. CPA aspirants have four hours to finish each section, for a total of 16 hours to finish the entire exam.

Each section must be given within an 18-month window beginning as soon as the aspirants pass the first exam with a score of 75 or more.

Making the Most of CPA Exam Test Questions
US CPA Exam Test Questions are essential to a comprehensive CPA review. Getting exposure to the tools and features will help you to alleviate anxiousness and dismiss questions about the exam interface. The practice test is specially designed in a manner to match the actual CPA Exam. By taking note of the time duration during the practice test, you can prepare for the amount of time you will have during the actual CPA exam.

Moreover, many of the exam test questions in the practice tests are prior exam questions. Get yourself familiarized with prior exam test questions in exam-like conditions to guarantee that you’re adequately prepared come exam day.

Get to Know the Exam Testing Interface
If you want to avoid undesired shocks on exam day, it is crucial to know your way around the US CPA Exam testing interface before setting foot in the Prometric test center.

Understanding what resources are available and what not and where to find them in the interface can assist you focus more on solving exam test questions rather than wasting time searching for the tools you need.

AICPA Sample Test Questions
The AICPA provides a sample test or practice test paper on their respective website so that you can familiarize yourself with the testing screens you will notice at the Prometric test center. Each sample testlet of AICPA has 10 multiple-choice practice questions (MCQs) and six task-based simulations (SIMs), except for BEC which has three task-based simulations (SIMs) and two written communication tasks.

While these sample tests offered by AICPA serve as a good metric for what to assume the CPA Exam to look like, the AICPA recommends that you will not get a final score and your performance does not indicate exam readiness.

But if you are searching for a metric of exam readiness, Surgent's A.S.A.P technology provides you with your ReadySCORE which helps you weighs your progress throughout the US CPA review course against original Exam weightings and shows your exact performance by content area, subject, topics, and question type.

Moreover, ReadySCORE is continually recalibrating to indicate how close you are to actual exam-ready.

To keep up with the latest news on the CPA exams in India, follow us via social media by clicking on the social media icons or visit our website frequently for important update.

India's Best Institute for US CPA Courses

If you are looking for the best CPA review materials and couldn't find them anywhere, don't worry, your search ends here. This post ...