CPA Learning Package Detail Information


CPA Learning Package Detail Information

CPA Learning Package : You have been studying accounting for a long time and are now prepared to seek CPA licensure. You are ready to focus on the CPA Examination – its content, structure, format, and delivery. Review this website Cakart.in  to familiarise yourself with the examination information available to you.

CPA Learning Package Detail Information

CPA Learning Package : 

CPA Question Papers  : 

Question PapersDownload

Financial Accounting Question Papers

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Taxation Question Papers

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Financial Reporting Question Papers

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Integration of Knowledge – Paper 16 CPA Question Papers

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Taxation – Paper 11 CPA Question Papers

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 Business Law – Paper 3 Question PapersDownload
 Business Computing – Paper 4 Practical CPA Question PapersDownload

CPA Notes  :

CPA NotesDownload

2014 WILEY CPA Excel Focus Notes Regulation Study Material

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2014 WILEY CPA Excel Focus Notes Business Study Material

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2014 WILEY CPA Excel Focus Notes Financial Accounting Study Material

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2014 WILEY CPA Excel Focus Notes Auditing pdf

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Wiley CPAexcel Exam Review 2016 Focus Notes Financial Accounting and Reporting pdf

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 Wiley CPAexcel 2015 Focus Notes Fianancial Accounting pdfDownload

CPA Learning Package Detail Information

Preparing for CPA? - Must read below
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better. Watch demo videos below -

CPA Best Books –  

Free MaterialDownload

Auditing and Accounting Manual Study Material

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Wolf Accounting and Tax Update Financial Managers Society Accounting Update Presented by Jim McGough CPA pdf

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2014 WILEY CPA Excel Focus Notes Regulation Study Material

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Wiley CPAexcel 2015 Focus Notes Fianancial Accounting pdf

Download

Accounting Workbook For Dummies Study Material

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Accounting Principles A Business Perspective Financial Accounting Chapters 1 to 8 pdf

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2014 WILEY CPA Excel Focus Notes Financial Accounting Study Material

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2014 WILEY CPA Excel Focus Notes Business Study Material

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CPA Learning Package Detail Information

CPA Study Material

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CPA exam Eligibility RequirementsCPA Exam Eligibility Requirements-2017 Exam
CPA time tableCPA Time Table – 2017 Exam
CPA Exam Admit cardCPA Exam Admit Card – 2017 Exam
CPA EXAM DetailsCPA Exam details and CPA miscellaneous information
CPA exam international testing locationCPA Exam International Testing Location
CPA Exam international testing eligibility detailsCPA Exam International Testing Eligibility Details

CPA Learning Package Detail Information

CPA Learning Package : A CPA requires a broad spectrum of knowledge and proficiency in it. The purpose of CPA exam syllabus is to provide detailed information on the subject matter of the CPA course. So, the entire CPA exam syllabus is broken down into 4 sections, each section dealing with a body of related knowledge. Each section has different subjects to be covered.

CPA Learning Package Detail Information

CPA Learning Package : The 4 sections of the CPA exam are as follows:

  1. Auditing and Attestation (AUD),
  2. Financial Accounting and Reporting (FAR)
  3. Regulation (REG),
  4. Business Environment Concepts (BEC)

CPA Learning Package Detail Information

CPA Learning Package : Auditing and Attestation (AUD)

Considered as the most difficult section of the CPA exam, this section mainly focuses on the all aspects of auditing. This section tests the examinee’s ability to handle professional tasks of certified public accountant and how they would further apply in real-life scenarios.

Auditing and Attestation covers:

  • The basic principles of auditing and designing of audit plans.
  • It enables you to learn and prepare audit reports with ease.
  • It encompasses compilations and attestation engagements to maintain a professional code of conduct during audit process.
  • You will have to give a demonstration of their awareness level with regards to International Auditing and their standards.
  • It also includes understanding risk assessment.

The broad areas of CPA AUD syllabus and their weightage is as follows:

Auditing and Attestation
TopicPercentage
Engagement Acceptance and Understanding the Assignment12% – 16%
Understanding the Entity and Its Environment (including Internal Control16% – 20%
Performing Audit Procedures and Evaluating Evidence16% – 20%
Evaluating Audit Findings, Communications, and Reporting16% – 20%
Accounting and Review Services Engagements12% – 16%
Professional Responsibilities16% – 20%

CPA Learning Package Detail Information

Preparing for CPA? - Must read below
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better. Watch demo videos below -

CPA Learning Package : There is the vast volume of FAR materials, therefore, it is suggested that they opt for this section first. Taking up the FAR section first will benefit candidates in the long run, as it is considered as the most time consuming section.
Financial Accounting and Reporting covers:

  • The various aspects of the financial reporting practiced in the modern day business enterprises, or government entities.
  • The key differences between GAAP basis and IFRS basis.
  • The content which will help you to perform proper judgments in the application of principles in accounting.
  • Compilation, evaluation and analysis of financial statements, execution of calculations and identification of various financial and reporting methods.

The broad areas of CPA FAR syllabus and their weightage is as follows:

Financial Accounting and Reporting
TopicPercentage
Conceptual Framework, Standards, Standard Setting, and Presentation of Financial Statements17% – 23%
Financial Statement Accounts: Recognition, Measurement, Valuation, Calculation, Presentation, and Disclosures27% – 33%
Specific Transactions, Events and Disclosures: Recognition, Measurement, Valuation, Calculation, Presentation, and Disclosures27% – 33%
Governmental Accounting and Reporting8% – 12%
Not-for-Profit (Nongovernmental) Accounting and Reporting8% – 12%

CPA Learning Package Detail Information

CPA Learning Package : Business Environment and concepts (BEC)

Business Environment and concept section is treated as one of the most challenging exams because of its extensive material and it deals with business and economic concepts. The CPA BEC section will help you to move one step further in business knowledge and help them apply the knowledge in real-world scenarios.

Business Environment and concepts covers:

  • Business environment in general, and its core concepts.
  • Foundational grounding in accounting and are exposed to underlying reasons for accounting implications
  • Financial management information technology, and business strategies in addition to accounting concepts.
  • Economic concepts, financial management, information systems and communications, strategic planning and operations management.
  • Testing to determine different business strategies with their knowledge in strategic planning and market risks.
  • Making financial decisions, forecasting trends in the market, and understanding internet’s implication in business.

The broad areas of CPA BEC syllabus and their weightage is as follows:

Business Environment and concepts
TopicPercentage
Corporate Governance16% – 20%
Economic Concepts and Analysis16% – 20%
Financial Management19% – 23%
Information Systems and Communications15% – 19%
Strategic Planning10% – 14%
Operations Management12% – 16%

CPA Learning Package Detail Information

CPA Learning Package :  Regulation (REG)

Regulation (REG) is the combination of federal taxation and business law. This section comprises of basic understanding of business ethics. Most of the portion will seem like content straight out of business law books.

Regulation covers:

  • Tax concepts related to personal, partnership and corporate.
  • Capability to understand legal responsibilities
  • Tax implication and its various uses in business entities.
  • Various tax issues and its consequences, wherein they will have to make alternative treatment and its application in real life scenarios.

The broad areas of CPA REG syllabus and their weightage is as follows:

Regulation
TopicPercentage
Ethics, Professional, and Legal Responsibilities15% -19%
Business Law17% – 21%
Federal Tax Process, Procedures, Accounting, and Planning11% – 15%
Federal Taxation of Property Transactions12% – 16%
Federal Taxation13% – 19%
Federal Taxation of Entities18% – 24%

CPA Learning Package Detail Information

CPA Learning Package : TOPICS PER EXAM SECTION

AUDITING
4 HRS
Ethics, Professional Responsibilities, and General Principles; Assessing Risk and Developing a Planned Process; Performing Further Procedures and Obtaining Evidence; Forming Conclusions and Reporting
BUSINESS ENVIRONMENT & CONCEPTS
4 HRS
Corporate Governance; Economic Concepts and Analysis; Financial Management; Information Technology; Operations Management
FINANCIAL
4 HRS
Conceptual Framework, Standard-Setting, and Financial Reporting; Select Financial Statement Accounts; Select Transactions; State and Local Governments
REGULATION
4 HRS
Ethics, Professional Responsibilities and Federal Tax Procedures; Business Law; Federal Taxation of Property Transactions; Federal Taxation of Individuals; Federal Taxation of Entities

CPA Learning Package Detail Information

Preparing for CPA? - Must read below
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better. Watch demo videos below -

CPA Learning Package : 

candidates electing to sit in an international location will be required to:

• Make a commitment to seek CPA licensure upon passing the CPA Examination, and thereafter maintain their status as licensees

 • Meet citizenship/residency requirements

• Provide demographic information, and

• Pay additional fees.

CPA Learning Package Detail Information

CPA Learning Package :The AICPA and the National Association of State Boards of Accountancy (NASBA), in consultation with state boards of accountancy, the Board of Examiners and other major stakeholders, spent two years studying an international examination delivery program. The result is the international administration of the Uniform CPA Examination (CPA Exam), which utilizes the state board licensure process and the current examination structure. The AICPA, NASBA and Prometric are providing the same services as they do for the domestic program, so that the Exam and the licensure process will be the same for international examinees as it is for examinees within U.S. jurisdictions.

The international locations have been evaluated based on a set of criteria, including: 1) Volume demand as demonstrated by candidates from those countries taking the exam in the United States, 2) Ability to deliver the Exam without legal obstacles, 3) Security threat to the Exam (both physical security at test center and intellectual property security of Exam content) assessed at levels equivalent to those presented domestically, and 4) Existence of established Prometric test centers.

CPA Learning Package Detail Information

CPA Learning Package : To sit for the CPA Exam a candidate must meet the following requirements:

Be 18 years old; of good moral character; a graduate of an accredited college or university with a bachelor or master’s degree that includes a concentration in accounting; and all candidates must have a Social Security number.
Each applicant must provide the Board with an official transcript that clearly indicates the applicant has earned a baccalaureate or master’s degree with a concentration in accounting, and the date the degree was conferred (electronic transcripts not accepted). A concentration in accounting means a minimum of 39 semester hours in business-related subjects, of which at least 27 semester hours consists of accounting courses.
Accounting course means the subject matter contained in the course description or catalog issued by a college or university includes auditing, tax, accounting standards, principles, or processes.  Business-related subjects means courses that contain in the course prefix or title an indication that the course subject matter is one of the following: business, finance, marketing, management, economics, computers, statistics, or accounting.

CPA Learning Package Detail Information

CPA Learning Package :  The subject areas and times allotted per subject are:
Auditing and Attestation (AUD) – 4 hours
Financial Accounting and Reporting (FAR) – 4 hours
Regulation (REG) – 4 hours
Business Environment and Concepts (BEC) – 4 hours

Candidates may apply to take one or more sections of the exam during a “testing window” but each section may only be taken once during a testing window.  A “testing window” is a three-month period of time during which the candidate is able to take the exam.  There are four “testing windows” each year.  The exam is not offered during the last month of each window (referred to as “dark”) to allow for maintenance on the system.
The testing windows are as follows:
January 1 – February 28 (March dark)
April 1 – May 31 (June dark)
July 1 – August 31 (September dark)
October 1 – November 30 (December dark)

CPA Learning Package Detail Information

Cakart.in provides India’s top CPA faculty video classes – online & in Pen Drive/ DVD – at very cost effective rates. Get CPA Video classes from www.cakart.in  to do a great preparation for primary Student.

Watch  CPA  sample lecture Here
Watch CPA free downloads  Here

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