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Showing posts from July, 2021

CPA US - How difficult for Indian students?

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US CPA ( Certified Public Accountant ) is a globally recognized and highest accounting credential given by the AICPA (American Institute of Certified Public Accountants). CPA ensures international recognition for finance and accounting professionals. The US CPA certification offers an extensive value proposition: ●      Strong Knowledge Base - Finance, Accounting (US GAAP & IFRS), Auditing, Tax. ●      Global Credibility. ●      Professional career progression opportunity with multinational companies and Big 4s. ●      Some other benefits include International perspective, Leadership skills, and an Elite professional network. Why do Indian students want to pursue the US CPA course? The US Certified Public Accountant is referred to as a towering profession in the accountancy field. It is considered the US counterpart of CA in India. Many people question whether Indian finance professionals/students opt for the US CPA course or not. If yes, how do they do that? One of the

Whether I should do US CPA or ACCA

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  In this article, we will discuss which is the best course between US CPA and ACCA, and which course we have to opt for in this competitive world. Let's move right into knowing each course's significance and then conclude which is the best course. Certified Public Accountant (CPA): CPA ( Certified Public Accountant ) is an internationally reputed designation given by the AICPA (American Institute of Certified Public Accountants) to the candidates who have cleared the Uniform CPA exam and meet relevant work experience and education requirements. AICPA was founded in 1887, and it has the largest member association representing the profession of accounting in the world. It has more than 431,000 in 130+ countries representing many areas of practice, including public practice, business, and industry, consulting, government and education. In general, the US Certified Public Accountant is a widely accepted designation and in great demand all over the world. However, many coun

US CPA Exam Changes in 2024

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A US Certified Public Accountant (US CPA) is a certification by the AICPA (American Institute of Certified Public Accountants) to the candidates who have cleared the Uniform CPA exam and meet the education as well as experience requirements.   New CPA Exam Launch in 2024: The National Association of State Boards of Accountancy (NASBA) and the American Institute of CPAs (AICPA) are restructuring the US CPA exam into a new model of US CPA licensure. The evolution of US CPA is the term used to describe the AICPA/NASBA initiative aimed at the evolving US CPA licensure in order to reflect the knowledgeable Certified Public Accountants increasingly required in a marketplace of technology. The main objective of the AICPA and NASBA is to update the US CPA exam by 2024 to align with the new discipline model of licensure.   Reasons behind the changing of the US CPA licensure model: Always, the profession of US CPA is adopting new technologies, moving forward, adopting new best prac

10 Study Tips to Crack the US CMA Part 2 Exam on Your First Attempt

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US Certified Management Accountant ( US CMA ) certification is recognized internationally, focusing on management accounting and corporate finance. It is awarded by the Institute of Management Accountants (IMA), USA. The US CMAs work in corporate finance teams and strategy teams. The work experience of a US Certified Management Accountant include: ●      Arrange funding and financing options. ●      Monitoring and administering compliance. ●      Creating management strategies. ●      Identifying the investment management opportunities. ●      Supervising low-level accountants. In this article, we will discuss the detailed insights on the US CMA part 2 exam (Strategic Financial Management). CMA (USA) Part 2 Exam: US CMA part 2 exam is a 4 hours long exam with MCQs and Essay Questions.   Question Type No. of Questions Duration Multiple Choice Questions (MCQs) 100 3 hours Essay Questions