Next Batch Starts on 28th December 2024
CPA is more than a Certification
It is the key to growth and
success
in your career
More than 50% Global Pass rate
Only 4 papers. Can be completed in 12 months
Exams now in India across 8 Centres
Become a Certified Public Accountant
Certification issued by AICPA (American Institute of Certified Public Accountants), USA
4,31,000+ membership
in 130 countries as on date
US equivalent of the Indian CA but with Global Recognition
4 Subjects
Exam can be completed
in 12 months
All CPAs are Accountants but not all Accountants are CPAs
Why CPA?
- Global Employability
- Global Recognition
- Global Success
Close your eyes and touch any country on the map. With a CPA, you can take up an employment there.
Get your CPA and be
Globally recognized
Enroll for the CPA program with FINSPIRE Academy and experience its Scientific Learning Methodology
Attend online classes and simultaneously prepare for the CPA examination under the guidance of our Transformation Catalysts.
How different is
CPA from other exams
Predominantly objective
in nature
Demands 100% accuracy, unlike Indian exams, which award marks for partial accuracy
Minimum pass score
is 75 out of 100
Exam curriculum revised periodically to align with the ever-changing world of business
Examination Structure
The updated CPA licensure model of 2024 mandates that CPA candidates possess expertise in Accounting, Auditing, and Taxation. These areas will be evaluated in three core sections that are obligatory for all candidates:
- 1. Financial Accounting and Reporting (FAR)
- 2. Auditing and Attestation (AUD)
- 3. Taxation and Regulation (REG)
- 1. Business Analysis and Reporting (BAR) – an extension of the FAR core
- 2. Information Systems and Controls (ISC) – a continuation of the AUD core
- 3. Tax Compliance and Planning (TCP) – an extension of the REG core
Online Classes
Challenges vs Benefits
Why FINSPIRE
1. Highly Qualified Team
Our team and faculty include qualified US CMAs, US CPAs, CIAs, CISAs, and Indian CAs with over 75 years of collective global corporate exposure and many years of teaching experience.
2. Scientific Learning Methodology
Our unique learning methodology ensures that a student is fully equipped to face the exam with confidence and perform well.
3. Uworld Wiley Learning Partners
We are authorised learning partners for Uworld Wiley, who are the global leaders in the learning domain for more than 200 years. The Uworld Wiley Software provided enables the student to understand the concepts thoroughly through various deliverables and tests that can be taken. Detailed diagnostic reports can be generated to assess the strengths and weaknesses and take appropriate action.
4. Uworld Wiley Deliverables include
Video Lessons, MCQ Test Bank, TBS Test Bank, Uworld Wiley Digital Flash Cards, E-Book, and many more.
Learn the FINSPIRE Way
When you learn the FINSPIRE way, we are confident of your success because of our materials and learning methodology, where we emphasize interactive learning over simply studying. Our confidence also comes from our years of rich experience in this subject and mentoring students like yourself, who have become successful finance professionals.
Our unique learning methodology includes the following.
Uworld Wiley CPA Pro Material
We provide CPA learning materials through the Uworld Wiley software, which will help you develop the skills and knowledge you need to succeed.
Live Online Classes
Over 240 hours of live online classes by qualified and experienced faculty with many years of teaching experience.
Diagnostic Reports
Receive well-designed Diagnostic Reports and an in-depth analysis of your preparation and performance.
Practical Examples
The classes will cover practical examples to help you understand the intricacies of the subject. Receive PowerPoint presentations with rich content, created by the FINSPIRE team.
Student Community Groups
Be a member of our Student Community Group and Doubt Clarification Group on Telegram for clarity through peer and mentor interaction whenever necessary.
Testimonials
Dheepshika R
I am a commerce post graduate and was pursuing my CA to acquire my professional qualification. The success was eluding me time and again in spite of my efforts...
Chandni Sharma, CPA (USA)
I am proud to say that I was associated with FINSPIRE Academy during my journey for completing my CPA. I had first met Ganesh sir with a couple...
Roshini, CPA (USA)
Hello everyone! My name is Roshini I wanted to pursue a professional qualification to enhance my knowledge in Accounting and Finance. My friend who was attending CPA classes....
Packages
Silver
-
Uworld Wiley E Book
-
Uworld Wiley Video lessons
-
6000+ MCQs for practice
-
300+ TBS (Task Based Simulations)
-
40+ Written Communication,
-
4000+ Uworld Wiley Digital Flash Cards, Companion Mobile App.,
-
Exam Planner and Immaculate Performance Measurement Metrics,
-
Access to Uworld Wiley CPA Study Group on Facebook
-
Uworld Wiley Study Guide, Video lectures, Slides and Notes.
-
Uworld Wiley diagnostic reports
-
Uworld Wiley practice exams
Gold
-
Access to Recorded Videos on Introduction to CPA, Exam Structure, FINSPIRE guide for usage of U World Wiley materials
-
U World Wiley Study Guide, Video lectures and Slides
-
U World Wiley Video Lessons
-
7600+ U World Wiley MCQs
-
440+ U World Wiley TBS (Task Based Simulations)
-
4000+ U World Wiley Digital Flash Cards, Companion Mobile App.
-
Exam Planner and Immaculate Performance Measurement Metrics
-
Access to U World Wiley CPA Study Group on Facebook
-
U World Wiley Diagnostic reports
-
U World Wiley Practice Exams
-
256 hours of Live Online Classes During Weekends
-
15 Online Module Tests conducted by FINSPIRE along with Review
-
4 Online Mock Exams conducted by FINSPIRE along with Review
Enquire with us
Enquire with us
Frequently Asked Questions - CMA (USA)
Certified Public Accountant (CPA) is a premier Accounting Certification Program of the USA and is the US equivalent of the Indian Chartered Accountant (CA). It is a designation provided to licensed accounting professionals who have passed the Uniform CPA Examination conducted by the AICPA.
Uniform CPA Examination is a four-section exam that any student must pass to qualify as a Certified Public Accountant (CPA). This is a common exam for any of the 55 U.S. Jurisdictions which includes all the 50 States apart from the District of Columbia, Puerto Rico, U.S.Virgin Islands, Guam and the Commonwealth of Northern Mariana Islands. In layman terms, a Certified Public Accountant in the USA is equivalent to the Chartered Accountant in India.
- AICPA (CPA-EXAM.ORG)– The AICPA is responsible for developing and scoring the CPA exams.
- NASBA (NASBA.ORG) – The NASBA maintains the National Candidate Database, provides candidates with the NTS and keeps the candidates records.
- PROMETRIC (PROMETRIC.COM/CPA) – Prometric Test Centers are where the CPA exams are given. They are responsible for scheduling and administering the exam, as well as sending the answer sheets to the AICPA for scoring.
A student has to book the dates for his exams with the center that is most convenient for him.
Thanks to the advent of Internet and Globalization the entire globe has become one market place. The world has effectively shrunk with the geographical boundaries losing its meaning for doing business. In this changing scenario it is important that a finance professional is also capable of playing the game with the newly defined rules than just the old ones. CPA plays a major part in helping widening the opportunities for those who want to explore the world through their skills.
US CPA course might be a smart choice for you , If you are willing to invest one year of dedication, commitment and concentration to build a successful career in the field of accounting. A Great Career with an even better compensation is the ultimate result of such smart decisions. The fact that one can complete CPA within one year unlike many other courses is one of the main attractions to become a CPA.
As mentioned earlier a student has certain criteria for being eligible to take up the CPA exams and certain other criteria for obtaining its licensure. The following category of students can take up the CPA examination :
- B.Com graduates with 70% and higher scores from a NAAC A+ rated Institution
- B.Com graduates with 1styear M.Com completed
- B.Com graduates with CA Intermediate / ACMA Intermediate qualifications (Indian CMA)
- Professionally qualified candidates like the CAs, CMAs, CS with B.Com graduation
It is however preferred that you consult an expert to ascertain your eligibility before joining the program.
The following would be the indicative cost for a student from India to complete his / her CPA.The figures given here are indicative since the fee structure may vary from jurisdiction to jurisdiction but is not expected to be substantially higher than what has been indicated.
Eligibility for the CPA can be classified into:
a) Eligibility for taking up the exams and
b) Eligibility for getting the Licensure.
A student has to have a minimum of 120 credits to take up the CPA examination while he has to have a minimum of 150 credits to get the licensure. Eligibility requirements differ from one jurisdiction (read as State) to the other and hence requirements will depend upon the jurisdiction where a student chooses to get his licensure. Links to all Boards of Accountancy can be found at www.nasba.org.
The passing score in each paper is 75 and to understand what the score means one needs to understand the exam structure and the scoring pattern in detail. Whilst a modest attempt has been made to explain this in brief from a student perspective it is felt that this may not be very relevant. A student must be prepared to score 85+ in the exams in which case the passing score must be easily achieved. The score by a student does not indicate nor can be interpreted as a percentage. Thus a score of 75 is not 75% but is a weighted combination of scaled scores from the MCQs and TBSs for Auditing, Regulation, FAR and the other optional paper that a candidate takes up. The scores are calculated using formulas that take into account factors like whether the question was answered correctly and the relative difficulty of each question. Thus difficult questions have more weightage as compared to easier questions and hence a student has to answer more number of easier questions right as compared to difficult ones.
The following are the sequence of events once a student decides to pursue his / her CPA :
- Decide on which study program to join after appropriate due diligence
- Get a preliminary evaluation done by the Institution conducting the study program. This is only to ensure that a candidate is eligible before he / she enrols for a program.
- Join the Study Program
- Get the transcripts / credentials evaluated by the official agency.
- Apply and pay the required fees in the respective State Board of Accountancy.
- Receipt of Notice to Schedule (NTS) from the State Board of Accountancy.
- Use the NTS to schedule the exams in the Prometric Centre where the student is planning to take up the exams. It is important to note that the NTS is valid only for 6 months. Hence a student has to take up all papers for which he or she has registered with the State Board of Accountancy within 6 months of receiving the NTS.
Generally the Institution where the student is undergoing the study program will assist the student in completing the activities listed above.
With exams administered in India in 8 locations (Hyderabad, Ahmedabad, Bengaluru, Kolkata, Chennai, Mumbai, New Delhi, Trivandrum) a candidate from India can take the exam at the authorized Prometric test centres in these cities. Prior to testing, a candidate must first select a participating U.S.Jurisdiction (read as State), contact the Board of Accountancy in that State to obtain Application materials and submit the completed application along with the required fees as instructed. After receiving the Notice to Schedule (NTS), the student may use the NTS to apply to take the Exam in the location of his choice.
