• 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, four-hour sections: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR) and Regulation (REG). 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 & Reporting (FAR)
    Syllabus
    • Conceptual Framework, Standard Setting and presentation of Financial Statements (17-23%)
    • Financial Statement Accounts: Recognition, Measurement, Valuation, Calculation, Presentation and Disclosures (27-33%)
    • Specic Transactions, Events and Disclosures: Recognition, Measurement, Valuation, Calculation, Presentation, and Disclosures (27-33%)
    • Governmental Accounting and Reporting (8-12%) Not-for-Prot (non-governmental) Accounting and Reporting (8-12%)
    Duration of the exam: 4 hours
    Question pattern
    • 66 multiple choice questions (50% weightage) & 9 short task-based simulations (50% weightage)
  2. Auditing & Attestation (AUD)
    Syllabus
    • Engagement acceptance & understanding the environment (12-16%)
    • Understanding the entity and its environment (16-20%) Performing audit procedures & evaluating evidence (16-20%)
    • Evaluating audit ô€ƒ¶ndings, communications & reporting (16-20%)
    • Accounting & review services engagement (12-16%) Professional responsibilities (16-20%)
    Duration of the exam: 4 hours
    Question pattern
    • 72 multiple choice questions (50% weightage) & 9 short task-based simulations (50% weightage)
  3. Regulation (REG)
    Syllabus
    • Ethics, Professional, and Legal Responsibilities (15-19%)
    • Business Law (17-21%)
    • Federal Tax Process, Procedures, Accounting, and Planning (11-15%)
    • Federal Taxation of Property Transactions (12-16%) Federal Taxation of Individuals (13-19%)
    • Federal Taxation of Entities (18-24%)
    Duration of the exam: 4 hours
    Question pattern
    • 76 multiple choice questions (50% weightage) & 9 short task-based simulations (50% weightage)
  4. Business Environment and Concepts (BEC)
    Syllabus
    • Corporate Governance (16-20%)
    • Economic Concepts and Analysis (16-20%) Financial Management (19-23%) Information Systems and Communications (15-19%)
    • Strategic Planning (10-14%)
    • Operations Management (12-16%)
    Duration of the exam: 4 hours
    Question pattern
    • 62 multiple choice questions (50% weightage) & 5 short task-based simulations (35% weightage), written communication (15% weightage)

Deliverables

The programme will focus on:

  • Weekend Classes (Saturday & Sunday) – Online Live
  • 10 hours on the weekend
  • 260+ hours of live online training
  • Self-paced learning content by Becker Professional Education
  • 24*7 access to online program material
  • Access to 240+ hours of exclusive recordings
  • 6500 Multiple Choice Questions
  • 250 task-based simulations and study planner
  • Access to mock exams
  • Experienced and passionate faculty
  • Dedicated discussion forums
  • After Course Engagement (ACE)

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