CPA Regulation Exam Certified Professional salary
The average salary of a CPA Regulation Exam Certified Expert in
- United State - 100,000 USD
- India - 20,00,327 INR
- England - 80,632 POUND
- Europe - 80,347 EURO
Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
What is the duration, language, and format of CPA Regulation Exam
- Type of Questions: This test format is multiple-choice questions (MCQs) , task-based simulations (TBSs)
- Passing Score: 75 on scale of (0-99)
- Number of Questions: 84 Questions ( comprises of 76 MCQs, 8 Task Based Simulations)
- Scoring weight: 50% MCQ's , 50% TBSs
- Language: English
- Format of exam : Computer based exam .
- Length of Examination: 4 hours.
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Introduction to CPA Regulation Exam
Certified Public Accountant consists of four-part, 16-hour CPA Exam is a masters-level professional certification. Candidates are supposed to pass all four-part assessment with in time frame of 18 months in order to qualify for a CPA license.
The four parts are
- Regulation (REG)
- Auditing and Attestation (AUD)
- Financial Accounting and Reporting (FAR)
- Business Environment and Concepts (BEC)
This exam is designed to test the minimum knowledge and skills required of a CPA. The Exam is managed by three main partners:
- The Exam is provided on behalf of Boards of Accountancy, which issue CPA licenses.
- The AICPA develops, maintains, and scores the Exam.
- The National Association of State Boards of Accountancy (NASBA) manages the National Candidate Database
- Pro metric is the company that delivers the Exam at its authorized test centers.
Before taking this exam, candidates should have a solid knowledge of the topics outlined in this preparation guide.
The Certified Business Manager (CPA) is a global, competency-based credential that is designed to validate the skills and knowledge of accountancy candidate who can operates at a global market.
After passing this exam, candidates get a certificate from AICPA that helps them to demonstrate their proficiency in managing Business to their clients and employers.
AICPA CPA-Regulation Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Ethics, Professional Responsibilities and Federal Tax Procedures | 10-20% | - Federal Tax Procedures - Ethics and Professional Responsibilities - Legal Duties and Responsibilities |
| Federal Taxation of Entities | 23-33% | - S Corporations - Trusts and Estates - Entity Tax Compliance - Limited Liability Companies - C Corporations - Partnerships |
| Federal Taxation of Property Transactions | 5-15% | - Gains and Losses - Like-Kind Exchanges and Involuntary Conversions - Property Tax Basis and Cost Recovery |
| Business Law | 15-25% | - Contracts - Agency - Business Structure - Federal Securities Regulation - Debtor-Creditor Relationships |
| Federal Taxation of Individuals | 22-32% | - Gross Income - Property Transactions - Deductions - Tax Credits - Individual Tax Computation |
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