• GT Bharat & Learning & Development Academy

US Certified Public Accountant

About USCPA

A certified Public Accountant (CPA) is one of the renowned profession and the premier qualification in the field of Accounting. The world's largest accounting body, American Institute of Certified Public Accountant (AICPA) administers the CPA examination.

Grant Thornton India LLP announces launch of US CPA training with Becker Education as a Content Partner. The collaborated efforts of Grant Thornton Bharat's subject matter experts (SMEs) and Becker's pedagogy set the base to provide success in the CPA examination.

We will leverage Firm's rich experience in different domains across various industries and its knowledge base to share practical insights, helping you understand and learn complex concepts.

Course Content

The CPA exam consists of four sections for four-hour each: Auditing and Attestation (AUD), Financial Accounting and Reporting (FAR), Regulation (REG) and 1 out of 3 disciplines to choose from. You must pass all four sections within 18 months, earning a minimum score of 75 on each part.

Prepare for all 4 exams with us

  1. Financial Accounting and Reporting (FAR)
    • Financial Reporting
    • Select Balance Sheet Accounts
    • Select Transactions
    Duration of the exam: 4 hours
    Exam pattern: 50 multiple choice questions (50% weightage) and 7 short task-based simulations (50% weightage)
  2. Auditing and Attestation (AUD)
    • Ethics, Professional Responsibilities and General Principles
    • Assessing Risk and Developing a Planned Response
    • Performing Further Procedures and Obtaining Evidence
    • Forming Conclusions and Reporting
    • Professional Responsibilities
    Duration of the exam: 4 hours
    Exam pattern: 78 multiple choice questions (50% weightage) and 7 short task-based simulations (50% weightage)
  3. Regulation (REG)
    • Ethics, Professional, and Legal Responsibilities
    • Business Law
    • Federal Tax Process, Procedures, Accounting, and Planning
    • Federal Taxation of Property Transactions
    • Federal Taxation of Individuals
    • Federal Taxation of Entities (including tax preparation)
    Duration of the exam: 4 hours
    Exam pattern: 72 multiple choice questions (50% weightage) and 8 short task-based simulations (50% weightage)

DISCIPLINES (choose any one from these 3)

  1. Business Analysis & Reporting (BAR)
    • Business Analysis
    • Technical Accounting and Reporting
    • State and Local Governments
    Duration of the exam: 4 hours
    Exam pattern: 50 multiple choice questions (50% weightage) and 7short task-based simulations (50% weightage)
  2. Tax Compliance and Planning (TCP)
    • Tax Compliance and Planning for Individuals and Personal Financial Planning
    • Entity Tax Compliance
    • Entity Tax Planning
    • Property Transactions (disposition of assets)
    Duration of the exam: 4 hours
    Exam pattern: 68 multiple choice questions (50% weightage) and 7 short task-based simulations (50% weightage)
  3. Information Systems and Controls (ISC)
    • Information Systems and Data Management
    • Security, Confidentiality, and Privacy
    • Considerations for System and Organisation Controls (SOC) Engagements
    Duration of the exam: 4 hours
    Exam pattern: 82 multiple choice questions (50% weightage) and 6 short task-based simulations (50% weightage)

*Candidates must pass all four parts within 18 months of passing the first examination with a minimum score of 75 out of 100 in each part.

Deliverables

The programme will focus on:

  • Self-paced learning content by Becker Professional Education
  • 24*7 access to online programme material
  • 260+ hours of training by Grant Thornton Bharat
  • 230+ hours of self-paced learning content by Becker Professional Education
  • 400+ skill master videos
  • 7000+ multiple choice questions
  • 400+ task-based simulations and study planner
  • 1300+ digital flashcard
  • Access to unlimited mock exams
  • Experienced and passionate faculty
  • Dedicated discussion forum
  • Post-training support

Eligibility criteria for USCPA Exam

To appear for US CPA, candidate has to be at least a Graduate, preferably from Commerce Stream. There are States who accepts B.Com graduates with CA from ICAI as well. However, the eligibility criteria varies from state to state.

Connect with team for more details.

  1. CPA exams = 120 Credits / CPA License = 150 Credits
    • As a general rule each year of college education gives 30 credits, so a 3 year graduation gives 90 credits
    • However, there is an exception to this rule. graduation from a NAAC A university with first division gets a 4 year bachelor's degree with 120 credits.

The following combinations assure eligibility for CPAexams:-

  • B.com + 1 year Diploma = 120 credits
  • B.com + CA Inter/ lcwa Inter/ CS Executive = 120 credits
  • B.com + M.com (2 year) = 150 credits
  • B.com + MBA(2 year) = 150 credits
  • B.com + CA/ Icwa/ CS = 150 credits

Please note any graduate (BBA/ BA/ BCA/B.Tech) can look forward for US-CPAquaIification. Students who are not eligible to write their exam or needs to meet license criteria may go through a one year accounting diploma program from any recognised university which adds 30 credits to their graduation degree (90 Credits) and make them eligible.

Student Support

  • State Board Selection
  • Foreign Credit Evaluation
  • Exam Registration (NTS)
  • Preparation
  • License

Fees and schedule

Fees

Program fee – INR 1,25,000 plus GST