09-02-2005, 05:42 AM
For CPA There are 54 state boards of accountancy that regulate the practice of accounting in USA. Each jusridictions has a different eligibility criteria.
You have to have total of 150 Credits (not all jurisdictions require this but most do) in order to sit for the exam. The exam is a Computer Adaptive Test and it has the following sections
⢠Auditing & Attestation - covers knowledge of auditing procedures, auditing standards generally accepted in the United States (GAAS) and other standards related to attest engagements and the skills needed to apply that knowledge. [Info taken from http//www.cpaexam.com]
⢠Financial Accounting & Reporting - covers knowledge of accounting principles generally accepted in the United States (GAAP) for business enterprises, not-for-profit organizations and governmental entities, and the skills needed to apply that knowledge.
⢠Regulation - covers knowledge of federal taxation, ethics, professional and legal responsibilities, and business law, and the skills needed to apply that knowledge.
⢠Business Environment & Concepts - covers knowledge of general business environment and business concepts that candidates need to know in order to understand the underlying business reasons for and accounting implications of business transactions, and the skills needed to apply that knowledge in performing financial statement audit and attestation engagements and other functions normally performed by CPAs that affect the public interest.
CPA exam can only be taken in the USA.
Time Breakdowns for CPA Exam
Section Hours
Exam (total) 14
Auditing & Attestation 4.5
Financial Accounting & Reporting 4
Regulation 3
Business Environment & Concepts 2.5
Please also visit http//www.cpaexam.com/content/examinfo.asp#01
and http//www.nasba.org/nasbaweb.nsf/nasbahome
All the above information is taken from two above websites. It was pasted here on the forum for quick reference.... [D]
You have to have total of 150 Credits (not all jurisdictions require this but most do) in order to sit for the exam. The exam is a Computer Adaptive Test and it has the following sections
⢠Auditing & Attestation - covers knowledge of auditing procedures, auditing standards generally accepted in the United States (GAAS) and other standards related to attest engagements and the skills needed to apply that knowledge. [Info taken from http//www.cpaexam.com]
⢠Financial Accounting & Reporting - covers knowledge of accounting principles generally accepted in the United States (GAAP) for business enterprises, not-for-profit organizations and governmental entities, and the skills needed to apply that knowledge.
⢠Regulation - covers knowledge of federal taxation, ethics, professional and legal responsibilities, and business law, and the skills needed to apply that knowledge.
⢠Business Environment & Concepts - covers knowledge of general business environment and business concepts that candidates need to know in order to understand the underlying business reasons for and accounting implications of business transactions, and the skills needed to apply that knowledge in performing financial statement audit and attestation engagements and other functions normally performed by CPAs that affect the public interest.
CPA exam can only be taken in the USA.
Time Breakdowns for CPA Exam
Section Hours
Exam (total) 14
Auditing & Attestation 4.5
Financial Accounting & Reporting 4
Regulation 3
Business Environment & Concepts 2.5
Please also visit http//www.cpaexam.com/content/examinfo.asp#01
and http//www.nasba.org/nasbaweb.nsf/nasbahome
All the above information is taken from two above websites. It was pasted here on the forum for quick reference.... [D]