We’ve been there in this pandemic and have many concerns. Despite these uncertain situations, NASBA, AICPA and Prometric announced good news for all the CPA aspirants: Testing for CPA Exam candidates at test centers in India will begin January 1, 2021. Also, the candidates may begin to use the scheduler on November 2, 2020.
The CPA aspirants can take the exam sections without restrictions, other than waiting to receive scores from prior attempts of the same section or when there is a major change to the exam. Continuous Testing will replace the existing limited CPA Exam Testing Window model, which only permits candidates to test in India during designated time frames.
The 55 U.S. Accountancy Boards support the move to continuous testing in India. This shift to a continuous testing model in India signifies the power of alignment among state boards, NASBA, AICPA and Prometric as these organizations continue to support Exam candidates on their journey to CPA. Candidates are asked to visit NASBA’s website to confirm that their Board of Accountancy has transitioned to the Continuous Testing model.
The agenda behind conducting the US CPA exam in India is to avoid international travel for the Indian CPA aspirants in this uncertain time. The decision helps the Indian students to ease the burden of travelling to countries like Dubai, United States, for writing the CPA exam.
CPA (Certified Public Accountant) is a designation given by AICPA to the individuals who have passed the Uniform CPA exam, met the required and relevant experience. The CPA designation enforces high professional standards in the field of accounting.
CPA Exam Format:
There are four sections in the CPA exam:
- Regulation (REG)
- Auditing and Attestation (AUD)
- Financial Accounting and Reporting (FAR)
- Business Environment and Concepts (BEC)
The AICPA administers the CPA exam. The total duration of the exam is 16 hours (4 hours for each section).
Exam Locations: In India, the CPA exam will happen in Hyderabad, Ahmedabad, Mumbai, Delhi, Bangalore, Chennai, Kolkata, and Trivandrum.
CPA Cost: The CPA exam fee is $1000 and the International testing fee is $1500. Additionally, $225 for evaluation making the overall CPA exam cost INR 2,00,000 without a training fee.
The training fees of Becker are usually INR 1.2L to INR 1.47L depending on the product and offers.
Prepare well – There’s no time to waste or wait, Simandhar is there for you to be a CPA.