Welcome to the ultimate CPA training guide.
By reading this article, you will acquire a better understanding of what CPA training entails for you as a student who is looking forward to getting started with CPA training.
We are going to look at:
And more other information that will guide you.
Let’s get started with it!
What is CPA training?
The subject of Certified Public Accountant (CPA) is the highest level of proficiency in accounting.
The American Institute of Certified Public Accountants (AICPA), the world’s biggest accounting firm, administers the CPA course test.
The CPA training program is comprehensive, including accounting as well as law, taxation, evaluation, auditing, and processes, ethics, financial planning, and management.
The CPA training program qualifies you as a specialist in accounting and offers you a world of possibilities.
Bachelor’s degrees need 120 college credit hours to complete.
The CPA test normally takes 150 credit hours to complete.
Whether you labor for a business, practice forensic Accounting, or labor for private organizations, the opportunities are unlimited.
Some states just demand a basic understanding of accounting, especially when it comes to financial statements.
To enroll in the CPA certification program, a CPA candidate should have a Bachelor’s degree or its counterpart.
To get a CPA license, a CPA candidate must exhaust 150 credit hours of CPA coursework throughout one semester.
Many states demand that candidates undergo one-two year of experience functioning under the supervision of a CPA.
It should be renowned that the CPA qualifications required for U.S nationals and applicants differ from individuals in the rest of the globe.
International applicants have a separate settlement agreement, international testing expenses, and additional identity requirements than American applicants.
Duration of the CPA Training
To get the CPA certificate, the individual must fulfill 150 hours of CPA training in a semester.
Many states demand that candidates have one to two years of experience functioning under the management of a CPA.
To be qualified for a CPA license, the candidate must pass the four-part examination in 18 months.
Syllabus for the CPA Training
The CPA test syllabus is divided into four components.
Each of these areas has its curriculum and exam that you must pass.
There are four divisions of the CPA exam with different pricing:
- Auditing and Attestation (AUD)
- Financial Accounting and Reporting (FAR)
- Regulation (REG)
- Business Environment and Concepts (BEC)
In numerous nations, a large number of people are studying for the Certified Public Accountant (CPA) exam.
There are several sections of the CPA exam.
Multiple-choice questions, written communication, and task-based simulations are all part of the CPA test.
To improve their exam scores, candidates can focus more on the exam materials offered by Becker.
In the CPA firm, being able to convey data clearly and accurately is critical, and these questions assess a CPA candidate’s ability to do so in writing.
CPA Training Highlights
• Instructor-led classroom instruction for 260+ hours (40 weeks)
• Becker Professional Education provides learning content
• Online accessibility to program materials 24 hours a day, seven days a week
• You’ll get access to over 110 hours of original recordings
• There are 6500 multiple-choice questions
• Study planner and 250 task-based simulations
• Mock tests are available
• Faculty members who are experienced and enthusiastic trainers
• Discussion forums with a specific focus
• Job placement assistance
Virtual Live Training
• Over 260 hours of live online instruction
• Becker Professional Education’s self-paced learning curriculum
• Online access to program materials 24 hours a day, seven days a week
• You’ll get access to over 240 hours of exclusive recordings
• There are 6500 multiple-choice questions in all
• Self-study planner and 250 task-based simulations
• Mock tests are available
• Skilled and enthusiastic instructors
• Discussion forums with a specific focus
After Course Engagement (ACE)
• Employment Services
Qualified CPE (continuing education) Courses
Nearly all National Association of State Boards of accountancy has stopped keeping a list of pre-approved CPE suppliers.
Instead, they trust NASBA’s approved procedures.
CPAs must comply with all laws set out by the jurisdiction they are licensed as part of their continuous responsibilities to keep their CPA certification.
It’s recommended to enroll in a CPA Exam prep course when you’re on a tight schedule and have a lot of material to learn.
These CPA training programs make learning less intimidating by assisting students in creating an exam timetable with deadlines and reducing the content into manageable chunks.
They also provide a number of modalities to suit different learning preferences like online training, chat, in-person lectures, and many more.
Those added to the official list will be provided a special ID that can be tracked.
Behavioral ethics CPE courses, company organization and management, production, communication and marketing, personal development, and computer software and application are just a few CPE courses available.
Non-Technical vs. Technical Subjects Matters
The difference between non-technical and technical subjects is significant.
Credit limitations and subject-matter requirements are still in place at the majority of state boards.
Several state boards determine the needed variety of technology programs, such as accounting or auditing, as well as the total quantity of moderate courses, such as ethical courses.
Between 2011 and 2012, many state boards made ethics a mandatory CPE requirement for CPAs.
The number of hours required differs by jurisdiction, but you may intend to spend four hours every five days on ethical requirements.
Only ethical courses approved by the state’s ethics board will be accepted in some states.
Please read the instructions provided by your state board carefully.
You may always start by looking up the specifics on internet CPE if you’re unclear.
Some jurisdictions limit the sorts of self-study training you may take or have a restrictive idea of what comprises self-study certificate programs; for example, self-study certificate training programs must be graded before they can be allowed.
The terms vary greatly from one state to the next.
You may prepare for your CPA licensure by using the self-study program.
Because live webinars are more interesting than self-study courses, they are frequently acceptable for CPE credit hours.
They are on online courses that need memberships and webcasts.
There are hundreds of CPE lectures for CPAs and EAs year-round.
Participants learn from internationally recognized experts as they address current developments and issues in the field of IRS-based taxes, including the Federal Tax Update and auditing, among other subjects.
New webinars are conducted at least three times each year, giving you the flexibility to participate whenever it is practical for you.
The Internal Revenue Service (IRS) delivers webinars on a variety of topics to train tax professionals about the difficulties that they face.
You may utilize Master CPE credit to find high-quality courses online for learners, providing unlimited memberships and CPE credit for CPAs.
When looking for a CPA program, there are several factors to consider (pricing, education requirements, exam preparation, material delivery, amount of multiple-choice questions supplied, graded practice examinations accessible).
CPA Prep Courses
• Becker CPA Review course
• Gleim CPA Review course
• Ninja CPA Review course
• Surgent CPA Review course
• UWorld Roger CPA Review course
• Becker CPA Course Review course
• Excellent reputation
• Application exams that are identical to the real thing
• Live class option
• Lectures can be tedious and time-consuming
• It’s a bit pricey
• There will be no audio training
Becker CPA Review is one of the original CPA review courses, established in 1957.
Becker is used by all of the Big Four accounting firms, and it is widely regarded as the industry leader in CPA Exam preparation.
Premium ($2,999), Advantage ($2,399), and Pro ($3,499) are the three tiers of courses available.
However, the firm routinely provides specials and discounts on their site, as well as financing alternatives.
Courses can be finalized at your own pace.
Participants can choose to watch video recordings or participate in live online training; there are no audio-only presentations available.
Seven thousand four hundred multiple-choice tests, 500 task-based simulations, and 275 hours of educational videos are included.
There are also over 400 SkillMaster films that lead students through problem-solving exercises, especially in BEC.
If you are stuck on a topic, you can get help from a real person in person via online learning or the online chat tool.
Becker Accounting for Empires makes studying enjoyable and accessible from everywhere.
A 2-week free trial with unrestricted access to learning material is available from Becker CPA Review.
A money-back guarantee is also provided by the firm.
Becker maintains a 94 percent pass rate in 2020 based on self-reporting from its test prep learners.
Becker has long been the most famous and well-respected CPA test prep program available.
Becker offers kids peace of mind by ensuring that the world’s leading CPA firms entrust Becker with the preparation of their workers for the Certification Examination.
Why you should use review courses for your CPA training
In the long run, you save cash
This may appear to be illogical.
How can investing in a CPA Review course result in financial savings?
Cracking the CPA Exam is the only way to go.
On average, around half of all candidates pass the CPA Exam during their first attempt.
94 % of students passed their CPA Exams using Becker CPA Review.
There’s a 50/50 probability that self-study will work for you.
There’s a 50% possibility it won’t.
In this instance, you’ll have to repeat the exam you failed the first time.
You’ll be able to study more effectively
You may believe that enrolling in a CPA Review course will need you to adjust to new study techniques that may not fit your way of learning.
After all, you’re a one-of-a-kind individual who shouldn’t be compelled to use a cookie-cutter approach.
To put it another way, you’ll get your personalized study plan suited to your specific needs in order to pass the CPA exam.
You get knowledge of topics that your lecturers did not cover
This should come as a criticism of your instructors; accounting professors are experts in research and instruction, which can help you advance in your career.
There simply isn’t enough room to cover all you need to grasp for the CPA Exam.
You’ll gain the supplementary material you require to ace the CPA Exam with a CPA Review course.
Becker CPA Review offers video tutorials, lectures, and individualized training that will educate you on everything you missed in class in the method that best matches your learning style.
You Have Access to the Various Up-to-Date Information.
The CPA Review course is developed by CPA specialists whose only objective is to keep knowledge and questions as up-to-date as possible in order to stay on top of industry changes and AICPA standards.
Not just that, but they constantly keep students up to date on everything related to their education and future professions in the accounting firms.
Becker CPA Review’s team of professionals is committed to keeping you updated on all you need to know.
More effective time management
Having a plan is one of the most crucial components of training for the CPA Exam.
It is impossible to succeed by winging it.
Time management is an important component of putting your study plan into action.
As you study for your CPA Exam, you’ll repeat it over and over again.
What’s the ideal method to divide your study time, though?
What techniques do you use to make the utmost of the hours you spend studying?
These are challenging decisions to face on your own.
With a CPA Review course, you’ll have the skills you need to create a strategy, manage your time, and stay on track.
It is beyond one to overestimate the value of having such resources and responsibilities.
Becker CPA Review understands the value of your time.
That’s why the CPA training program will focus on what you deserve to know to get to the finale and succeed on exam day.
Exam Day Self-Assuredness
There is no doubt about that.
Training with a CPA Review course increases your likelihood of passing the CPA Exam significantly.
Furthermore, CPA Review courses offer realistic practice tests that can help you plan for the main day.
After studying using appropriate practice questions, realistic practice examinations, and data-driven training goals, you won’t be taken off guard.
To become a certified management accountant CMA, international students must first pass the CMA test.
The Advantages of a CPA Training
The CPA course is the pinnacle of accounting education, with unlimited career opportunities to demonstrate your capabilities.
The advantages of taking CPA training are listed below.
International Recognition: CA, ICWA, CS, CIA, LLB, MBA (Finance), M.com, and Commerce graduates who want an international certification should take advantage of this chance.
The test is given by the AICPA, the world’s biggest accounting organization.
Opportunities for a Career: Candidates that pass the CPA test work in accounting and auditing businesses, research firms, investment firms, hedge funds, private equity companies, financial institutions, collective investment schemes, partnership, and acquisition firms, become a CPA online tutor and so on.
Flexibility and Ease: It is a single-level online test with only four papers.
It may be completed in less than one year.
Complete an accounting-related program of study that meets the appropriate state board of accountancy training criteria.
This normally entails earning a bachelor’s degree in accounting, although it is also feasible to meet the credential with an accredited master’s degree in accounting or another business subject as long as enough accounting coursework is attended.
An important factor to address is that several state boards of accountancy require a CPA applicant to have accomplished 150 semester hours of academic work, which is more than a bachelor’s degree generally requires.
As a result, most CPA students must first finish five years of university before they can accomplish this prerequisite.
Many persons who want to become CPAs will undergo review courses provided by review services.
These courses will focus on accounting and auditing subjects that are more likely to be tested on the CPA exam.
These review courses are not needed, but they might increase one’s chances of passing the CPA exam.