cpa - milestones cpa is a certified public accountant who is licensed by a state board of ......

Download CPA - Milestones   CPA is a certified public accountant who is licensed by a state board of ... •Pass all 4 exams ... REG: Regulations AUD: Auditing and Attestation

Post on 13-Mar-2018

213 views

Category:

Documents

1 download

Embed Size (px)

TRANSCRIPT

  • CPA Certified Public Accountant

    Handbook

  • CPA Certified Public Accountant

    What is a CPA

    A CPA is a certified public accountant who is licensed by a state board of

    accountancy. To earn the prestige associated with the CPA license, you are

    required to demonstrate knowledge and competence by meeting high educational

    standards, passing the CPA exam and completing a specific amount of general

    accounting experience. The two most important aspects of becoming a CPA are

    passing the Uniform CPA Exam and meeting licensing requirements in the state

    where you want to practice.

    Becoming a CPA

    3 Es are required for licensure

    Have a bachelor's degree or higher

    Requirements vary by state/jurisdiction Education

    Pass all 4 exams

    Eligibility to sit for exam depends on state Exam

    Many states require the candidate to have 1 2 years experience under a CPA Experience

    http://www.nasba.org/education/becomingacpa/whatistheuniformcpaexam/

  • Prestige and Respect

    Career Development

    Career Security

    Money and Benefits

    Job Satisfaction and Variety

    Why get licensed?

    The CPA license is a symbol to the public that an accountant has mastered the vital elements of the profession.

    A CPA license is a high standard recognized by employers and their clients, governments and the public as an assurance of skill, dedication and quality. In todays business world, a CPA represents a trusted voice in business and financial consulting and is a sought-after commodity among all walks of professional organizations.

    The AICPA does not license CPAs. The licensing authority and requirements for

    CPAs falls under the jurisdiction of the Board of Accountancy for the state,

    district, or country in which a CPA practices.

    Five popular reasons for earning a CPA license

  • CPA Government

    NGO Public/Privat

    Company

    Accounting Firms

    Higher Salary

    Increase

    Confidence

    Recognition in an Elite

    group

    CPA IT

    Financial Planning

    Tax

    Accounting

    Estate Planning

    Management

    Auditing

    Why and Who Should Apply for the CPA

    The CPA examination is the most established and recognized professional

    accounting designation. The benefits include:

    The opportunities available to a CPA are positions in:

    As a CPA, you could specialize in:

  • Enrolment in CPA

  • Pay Application and Examination Fees

    Taking the examination involves two categories of required fees that are to be

    paid either to your board of accountancy or to NASBA. The required sections are

    as follows:

    o Application Fee: This fee is established by and paid to your board of

    accountancy or its designated agent.

    o Examination Fee: The amount of this fee depends on the section of the

    examination and is paid either to your board of accountancy, its designated

    agent or to NASBA.

    o Examination fees are established by boards of accountancy, NASBA, the

    AICPA and Prometric.

    o Note: You must pay additional fees for each examination section you plan to

    take internationally upon registration, regardless of which board of

    accountancy has declared you eligible for the examination.

    International Administration of the CPA

    Exam

    The CPA Examination application process is basically the same for U.S. and

    international candidates. In order to qualify to take the CPA Examination outside

    the U.S., candidates will have to establish their eligibility through a State Board

    participating in the International CPA Examination Administration program.

    Prospective candidates must select the participating U.S. jurisdiction to which

    they will apply, contact the Board of Accountancy in that jurisdiction to obtain

    application materials, submit completed applications and required fees as-

    instructed, and once deemed qualified, register for the examination. After

    receiving the Notice to Schedule, you may then register to take the examination

    in an international location through a participating state board.

  • FAR: Financial Accounting and Reporting

    REG: Regulations

    AUD: Auditing and Attestation

    BEC: Business Enviroment and Concepts

    The CPA Curriculum

    Examination Length and Formats *Passing score is 75 on a 0-99 scale for each exam.

  • Join the CPA Courses Now at

    Milestones

    Course Schedule: Once a week from 6:00 PM till 9:00 PM

    Course Location: Milestones Head Office, Antelias

    Course Duration: 30-32 weeks

    Exam Location: Amideast, Beirut, Down Town

    Testing Windows:

    1. January 1 February 28 (29)

    2. April 1 May 31

    3. July 1 August 31

    4. October 1 November 30

    You can take any or all sections of the examination during any testing

    window and in any order. However, you may not take the same section

    more than once during any one testing window.

    Gleim CPA Materials

    1. The Gleim System for Success -- Our System for Success helps you develop

    and implement a system for success for the CPA exam.

    2. Prepares you for the nondisclosed computer-based exam -- We solicit

    feedback from Gleim users following each exam, which helps us fine tune

    our study materials.

  • 3. Intuitively appealing -- Gleim is easy to understand and easy to study.

    Rather than extra work, Gleim products are perceived as extra help. Gleim

    materials are used in CPA Reviews across the world and at universities

    throughout the United States!

    4. Helps you understand why you answer practice CPA

    questions incorrectly -- Gleim helps you to avoid making

    mistakes on the actual exam. Most candidates are overly

    concerned with the correct answers, whereas understanding

    why each incorrect answer was selected is the key to

    improving performance.

    5. EFFECTIVE -- We can help! Gleim candidates experience tremendous

    success when they complete 90% of the work in CPA Gleim Online.

    6. Cost Effective -- The mission of Gleim is to provide the most effective

    knowledge transfer system and to assist users in achieving success with the

    minimum investment of time and resources.

    Gleim Works!

    Visit: www.milestones-mena.com or mail us on: info@milestones-mena.com

    Call us: 00961 4 402569/70 00961 70 124567

    Follow us:

    http://www.milestones-mena.com/mailto:info@milestones-mena.com

Recommended

View more >