What are US CPA Eligibility Criteria in India? How to Apply for US CPA?

by Miles Education Make an impact. Lead,Excel, Serve

In recent years, there has been a significant increase in the number of individuals applying for the Certified Public Accountant (CPA) course, which is a professional accounting certification overseen by the American Institute of Certified Public Accountants (AICPA). The AICPA is an accounting organization based in the United States. This surge in CPA applicants is attributed to the recent availability of the CPA exam in India, allowing individuals to take the exam from anywhere within the country.

US CPA Eligibility Criteria

The eligibility requirements for the US Certified Public Accountant (CPA) license may vary depending on the state of application. If applying for the US CPA exam outside of India, individuals are limited to applying in one of five states that do not mandate a social security number.

To be eligible to take the US CPA exam and receive a license, candidates must meet a certain number of academic credits as part of the US credit-based system. In the context of Indian education, the eligibility criteria for the US CPA are as follows: a bachelor's degree plus one year of post-graduation education, equivalent to 120 credits, are required to take the CPA exam, while a bachelor's degree plus a post-graduate degree, totaling 150 credits, are required to obtain the CPA license. Additionally, candidates must also accumulate 2,000 hours of work experience, which is roughly equivalent to two years.

How is the US CPA exam structured and what are the different sections of the exam?

The US Certified Public Accountant (CPA) program comprises four exams, which are available on demand during specific months of the year. The exam months include January, February, April, May, July, August, October, and November. The four exams are as follows: Auditing and Attestation (AUD), Financial Accounting and Reporting (FAR), Regulation (REG), and Business Environment and Concepts (BEC).

How to Apply for US CPA

To apply for the US Certified Public Accountant (CPA) program, there are several steps you need to follow. Firstly,

Evaluation

It is necessary to determine your eligibility for the program. This evaluation can be conducted through platforms such as the World Education Services (WES) or NASBA International Evaluation Services (NIES). During the evaluation process, your academic transcripts will be assessed and translated to a format that a US-based evaluator can comprehend. Once your evaluation is complete, you can submit your transcripts and register for the US CPA exam.

Registration and payment

The registration process involves paying the registration fees and submitting your academic transcripts. After receiving your authorization to test, you can pay the exam fees and wait for your Notice to Schedule (NTS).

Appear for the exams

With the NTS, you can schedule the date and time of your exams based on the availability of slots. Once you complete the exam and accumulate 2,000 hours of work experience, you can apply for the CPA license.

The registration process for the US CPA program can be complicated due to technical procedures involved. However, at Miles Education, we offer comprehensive registration support for our US CPA students, allowing them to focus on exam preparation.

If you're an accounting professional seeking career advancement opportunities or are simply interested in learning about the course, we recommend exploring our Certified Public Accountant (CPA) program. The US CPA certification is globally recognized and can unlock doors to various prospects around the world.