USCPAS Information Session

• Required tasks will be assigned (eg brief memo)
• Not in BEC exam
Exam Information
www.uscpasuccwenku.baidu.comss.com
www.cpa-exam.org www.prometric.com
Exam Process
Simulations
assessment of knowledge and skills in context approximating that found on the job through the use of realistic scenarios and tasks, and access to normally available and familiar resources
Who is Eligible?
Virtually all ACCAs & CAs (from any country) and university graduates Most CGAs, CMAs and CGA/CMA/CA/ACCA students Many undergraduate business students but a degree and U.S. tax course might be required prior to writing the exam

Testlets
• “Groups of questions that are constructed to appear together.”
• A testlet is 25 multiple choice questions OR a simulation. • Exams comprise approximately 3 multiple choice testlets and 2 simulation testlets.
Credential Evaluation
Use U.S. CPA Success useful links & follow instructions of each state. Do as early as possible as processing of applications takes time.
• Apply to state of your choice
• Take exams in any order
• Arrange appointment with Prometric testing centre
• One attempt only allowed at each exam in each enrolment window • Passes are valid for 18 months and then expire if you have not completed all 4 exams in that time.

Why would we want to obtain the U.S. CPA designation?


Will make you much more competitive in the job market (competitive advantage) The most widely held and globally recognized professional accounting designation in the world Highly-regarded professional designation in the international business community Demonstrate to clients and employers that you have the knowledge, skills and abilities to be a competent and trusted business advisor
4 Exams
1. 2. 3. 4.
Auditing and Attestation Financial Accounting and Reporting Regulation Business Environment and Concepts
Hours
4.5 4 3 2.5
14
Offered during testing windows January-February, April-May, July-August and October-November.
Simulations
• Simulations are condensed case studies
• 35-45 minutes in length • Set of facts will be provided • Access to authoritative literature provided
Continue…
the CPA is a brand name that will take about 4 months of part-time studying, compared to 2 years for an MBA and 3 years for a law degree it's a very easy technical, primarily multiple-choice exam, testing few application skills and little integration of the different subjects ongoing dues, continuing education requirements, U.S. residency requirement, and even work experience is NOT required in all states
Choosing a State
Each state is different. Some require five years of post-secondary education. At least an associate’s degree or professional designation is required. Some states require practical experience before or after passing the exam to get the CPA. Of those states that do not, there are two often used by Canadians which do not require work experience.

4-Day Program
Prepare U.S. Uniform CPA exam participants with the concepts and knowledge necessary to pass the exam Will discuss all of the necessary technical material Will review hundreds of prior CPA exam questions Will teach you proven techniques for answering testlet and simulation questions that will ensure you pass all 4 parts of the exam the first time!
U.S. CPA Prep Programs
UNIFORM

4-Day Program
IQEX

3-Day IQEX Program
Our Programs
No tapes, all live For Canadians, it is a prep course, not a "review course", since very few CDNS have had any exposure to U.S. tax, U.S. law, and U.S. fund accounting. We therefore assume no knowledge whatsoever in these areas, and start from scratch. For other areas we provide review materials and encourage you to use knowledge gained in your degree program.
The U.S. Uniform CPA Exam
Extended syllabus of required knowledge, including such topics as microeconomics, macroeconomics and finance A computer-administered exam offered at designated Prometric computer testing centres Includes simulations which test candidate research skills and require use of reference, spreadsheet, database and word processing software.

Continue…
You

can take the exams one at a time in most U.S. cities.
The CPA designation itself is good in all 50 U.S. states. Licensing is unique to each individual state, but this only applies if you intend to move to the U.S. AND (not or) sign audit reports. In any case, you never have to write another exam, but for licensing, they might check your education and work experience

3Es

Education:


Canadian university graduates with courses in accounting, commerce or business administration meet the educational requirements Work Experience: Some states do not require any work experience. Other states that do require some work experience will accept Canadian work experience that can be completed either before or after passing the examination Examination: Must pass the U.S. Uniform CPA Exam (4 exams that tests only entry-level technical material)
U.S. CPA SUCCESS
The benefit of having a CPA Who is eligible to take the exam? Exam content Exam procedures U.S. CPA Prep. Program Instructors Questions !!
Locations & Exam Fees

Virtually all major U.S. cities in virtually all states Computer Based Testing at Prometric testing centres Individually scheduled within windows Register 5 - 45 + days in advance Different states have different exam fees (around $150 per exam)